RE:RE:Re:new support and resistanceSaying that double is very conservative is hyping at its best.
The prospect for gold considering the added stimulus with the new US admin is what is raising all ships.not because OGC is doing a good job...far from it I would say...
You could have done the same with pretty well all gold producer recently.
Just look at GCM...6.00 to 8.20 in relatively a heart beat.
Aurum1983 wrote: I think a double is being very conservative. OGC is literally the one of the cheapest mid-tiers in the trading universe no matter what known method of valuation you use. Most of its peers have supports well above 200MA. If you wait for didipio to be a done deal, and report of significant FCF in 2021...etc then you are too late. Heck you might as well just buy the funds.
For those who kept attacking me back in October 2020 when I bought OGC and came on this board...all I'm saying is I've been nailing the charts and calling it since. I saw the writings on the wall then. I can understand if you doubted me then. But the case for OGC is much stronger now. You'd be a fool to not see where this is going.