OGX 0.00% 0.3¢ orinoco gold limited

calm down, page-5

  1. 288 Posts.
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    So how do you explain the general drop in SP for all goldies in the last 2 weeks...Do they all have leaks?

    or is it that the US has had a better period and the data from the reserve bank is pointing to a recovery, which in turn will drive gold down, or is it that the last couple of weeks has seen a fair few analysts come out saying goldies are well over priced, or has people who go in for a quick return are fed up and are putting $ into other opportunities.

    Eg companies that make tonnes of cash and pay dividends:
    Northern Star dropped from $5.20 to $4.
    Saracen dropped from $1.85 to $1.27
    Resolute dropped from $2 to $1.75
    Saint Barbara dropped from $3.25 to $2.83

    OGX hasn't lost move or less value % wise than any other company out there.
 
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