OGX 0.00% 0.3¢ orinoco gold limited

March Production, page-209

  1. 21,140 Posts.
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    SJB,

    IMO,

    This is not the normal path a share price takes prior to some expected game changing news

    This is a huge sell off commencing immediately after CR

    The market looks at the balance sheet

    The balance sheet indicates net assets of $11.7m at 31/12/17 for a market cap today of $86m

    Whereas direct Comparison with BLK who has net asserts of $74m at 31/12/17 for a market cap of $99m today

    I am holding on with hope but have stop losses in at 8c - should this occur

    GLAH
 
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