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Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s):  OCGSF

Outcrop Silver & Gold Corporation is a Canada-based explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia. The 100% owned Santa Ana project comprises 27,000 hectares, 190 kilometers from Bogota, Colombia. Santa Ana consists of regional scale parallel vein systems across a trend 12 kilometers wide and 30 kilometers long covering a majority of the Mariquita District. Its Mallama project comprises 9,036 hectares of titles located in Narino Department. The Oribella project comprises 20,000 hectares and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. The Oribella Gold Project lithology includes oceanic domains of deep-water pelagic and turbidite-laminated sediments, and submarine tuffs tectonically juxtaposed against basaltic volcanic rocks. The Argelia project comprises 4,355 hectares of applications located in Antioquia Department. It is located approximately 75 kilometers southeast of Medellin.


TSXV:OCG - Post by User

Bullboard Posts
Comment by Enlighteningon Oct 19, 2020 11:56pm
236 Views
Post# 31746341

RE:RE:Outcrop Gold's share price seems ridiculously cheap

RE:RE:Outcrop Gold's share price seems ridiculously cheapPretty easy to check out, just go into SEDI and see what has been exercised and sold.
I think most of this downside has been due to a couple of things. The last placement is now free trading and participants are taking profits. The price of gold has sold off from its highs and is basically staying at the $1900 level. What OCG needs is some BETTER assay results. 
High grade but with a whole lot more width than what they have been reporting.
.0.4 metres means nothing in todays gold run.

Irreverent_1 wrote: Tons of cheap paper issued to insiders, leaving little doubt IMO about who this “investment vehicle” was designed to reward.  Would be curious to know how many warrants have been exercised as I would expect the sheer number to attenuate value creation.  Wishing I had sold on what was a quick double for me.  Still, early days and I’d expect good technical support at 40 cents.  I’d feel relatively comfortable wetting my toes at this current price.  Hope this helped.  Best of luck.


Bullboard Posts