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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 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... see more

TSXV:OCG - Post Discussion

Outcrop Silver & Gold Corp > Outcrop should try gold/prec. metals funds for financing
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Post by drillcorejunkie on Jun 24, 2022 10:32am

Outcrop should try gold/prec. metals funds for financing

For a long time I assumed that the big precious metal funds such as BGF World Gold fund, Invesco DB Gold Fund and CPR Invest Gold Mines were averse to junior explorers like Outcrop. Not so! A financial advisor recently suggested I move some of my pension money (the equivalent of 401K money) into the Franklin Gold & Precious Metals fund. So I opened up a list of their holdings:

https://www.franklintempleton.lu/download/en-lu/portfolio-holdings/82bf86ed-257a-4f18-805d-c387b26621a6/14447_holdings-en.pdf

My eyebrows were raised when I scanned their portfolio which includes juniors like Vizsla Silver and Silver Tiger. It might explain the ridiculous valuation that Vizsla has had while Outcrop languishes. Funds are not short term speculators.

Outcrop's share price might do something like Vizsla's if a widely known fund or two was more involved (I know Sprott has invested but outside of gold bug circles that name is virtually unkown).

Could I also suggest Outcrop management might contact the fund manager of a little known silver focused European fund called "AuAg Silver Bullet" (https://www.auagfunds.com/) which is run out of Stockholm (I have some money in it).
Comment by austrochris on Jun 24, 2022 3:09pm
With just under 9 Million Cash no financing is needed now !
Comment by drillcorejunkie on Jun 24, 2022 3:46pm
Thanks for the update on the current cash position. I wasn't aware it was so healthy. But maybe Outcrop should still make sure the major precious metal funds know about the company's exploration success. Just one fund like Franklin Templeton taking a small position through the secondary market could help the share price and visibility enormously. I guess the point of my original post is ...more  
Comment by austrochris on Jun 25, 2022 2:35am
7,5 Million exactly after doing some reserach ! OCG is sitting on a huge ultra high grade silver asset  500 gramm silvereequivalent + . probably over 200 Million ounces and very low costs ! crazy shareprice here !