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Bullboard - Stock Discussion Forum Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s):  OCGSF

Outcrop Silver & Gold Corporation is a Canada-based company focused on exploring precious metals in Colombia. The Company is advancing the Santa Ana high-grade silver deposit with ongoing expansion drilling. The Company is also progressing exploration on three gold projects in Colombia. The 100% owned Santa Ana project comprises over 27,697 hectares (ha), 6,475 ha titled in the northern Tolima... see more

TSXV:OCG - Post Discussion

Outcrop Silver & Gold Corp > What are expectations?
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Post by Boomer61 on Jun 08, 2021 3:48pm

What are expectations?

As is typical for me, I usually buy stocks at the wrong price. I've been in Outcrop since last year. I'm a little surprised we didn't see any positive movement from yesterday's news.

How does everyone feel about this stock going forward? I believe Sprott is still a big holder.
Comment by mwddude on Jun 09, 2021 6:58pm
Boomer, Just give it time. Sprott still holds his position in full. So does Ian Slater. There sems to be a bit of a cloud over OCG due to Ian Slater's involvement. Wouldnt worry about it. Slater was involved in the Red Eagle fiasco. Wasn't Slater's fault that the mine collapsed. He probably could have mitigated it better though... Regardless, Slater is on the board, Herbert is CEO ...more  
Comment by GoForGold123 on Jun 10, 2021 4:48pm
Check insider reports. Slater has been selling. Nice to see something going on over the 28,000ha package, at least some new showings, sampling results, findings. OCG keeps drilling the same vein at 5m centres at La Ivana 100m away from the town. Why aren't they testing other targets in the other 80km of veins?
Comment by drillcorejunkie on Jun 10, 2021 11:16am
I think Outcrop is getting first class exploration results but the messaging is unfortunately really, really weak. Putting "silver" in the name is a start (Vizsla recently did the same) but the disastrous share price performance is in itself going to make people think "something is off here". I mean how can a questionable junior like Silver Viper have a capitalization which is ...more  
Comment by kde9321 on Jun 10, 2021 1:43pm
Thank you for this insight.  And a sincere question.  When do their exploration results start to drive the messaging?  In other words, what kind of threshold has to be met before the stock price starts to reflect what they appear to be finding.
Comment by drillcorejunkie on Jun 10, 2021 4:52pm
The poor messaging is really something Outcrop's board have to sort out with management. I'm sure it concerns them that the share price isn't reflecting the consistently great drill results and the waves of stock selling isn't finding ready buyers. I see Outcrop stock is down almost 8% today with silver rising rising well above 28 dollars an ounce - it really makes no sense. " ...more