RE:RE:MOST COMPELLING FIGURE of this Final DCIP report: Fig 3Yeah, but, is this NOT the CLASSIC SHORT TERM RESPONSE?
During the past several weeks, investors had already BOUGHT on the RUMOR ... and now they are SELLING ON THE NEWS. To emphasize: today's trading is CLASSIC short-term investor behavior.
In the meantime, I strive to keep my eye on the ball: OCO is a LONGER-TERM play --- at a minimum, several months, unless some suitor swoops in and makes an offer that OCO cannot refuse --- and in this process, OCO appears to be doing ALL THE RIGHT THINGS where, so far, just about all their technical efforts data-analysis-results and etc are turning up TRUMPS.
Longer-term hands understand this scenario where, in the coming several months, this particular news release is going to bode very well, for OCO and its long investors; where, in the meantime, typical market up and down vagueries are going to have an impact.
In the meantime, I find it useful to remind myself: this is an exploration company, spending money on doing exploration things ... in a step-by-step methodic fashion. There are several critical factors going in OCO's favor that make it, for me and others, a fascinating investment; not the least of which, IMO, they have GREAT MANAGEMENT, they have NO DEBT and, above all, in ST, they have a hell of a prospect.
I am curious, did you personally --- all other things being equal --- believe that OCO would shoot upwards on such 3DIP news ALONE?
PS: for those so inclined, for the reasons stated above, today may be a good day to increase the position.