'Expert Says Silver and Gold Stock Looking Most Attractive'Highlighting its emergence from a long-term base, indicating potential for significant price increases due to robust silver demand and limited supply, Technical Analyst Clive Maund says Outcrop Silver & Gold (OCG.v OCGSF) is looking "most attractive" amid exploring its high-grade and pure silver Santa Ana Project in Colombia:
https://www.streetwisereports.com/article/2024/07/03/expert-says-silver-and-gold-stock-looking-most-attractive.html The Santa Ana Project
As one of the highest grade silver projects globally, Santa Ana has impressive silver grades, with significant potential for further resource expansion through ongoing exploration.
Boasting approximately 37M ounces at a grade of 73% silver, Santa Ana has unique minerology allowing for a high 93% silver recovery by floatation making it economically viable even at today's silver price.
Significantly, this is a very rare project as it is very hard to find a comparable project that has an indicated silver resource as large as Santa Ana.
Company Fundamentals
Further, OCG's fundamentals are strong, as highlighted in its latest investor presentation, which shows the strategic location and high grades of the Santa Ana project compared to other notable silver companies.
Having been building a massive base pattern, OCG is in the early stages of a potential major bull market according to Maund, given historical charts show a severe bear market until 2018-2019, followed by a gradual recovery.
As recent charts indicate a "Double Double Bottom" pattern, signaling the beginning of a major upward trend, Maund sees OCG at a crucial point, with support from rising moving averages, suggesting it is well-positioned for further gains.
For more information, check out OCG's latest news release regarding achieving exceptional recovery of 96.3% silver and 98.5% gold in an updated metallurgical testing at Santa Ana:
https://outcropsilver.com/news/outcrop-silver-achieves-exceptional-recovery-of-96.3-silver-and-98.5-gold-in-updated-metallurgical-testing-at-santa-ana/ Posted on Behalf of Outcrop Silver & Gold Corporation.