OGX 0.00% 0.3¢ orinoco gold limited

Ann: Issue of Performance Rights and Unlisted Options, page-25

  1. 715 Posts.
    lightbulb Created with Sketch. 271
    Somebody mentioned that total sales today were only about $100.000.
    But @ just 03 or so average that is not at all surprising .
    Such a statement is irrelevant .
    What is more telling is that selling all but dried up.
    There was no widespread panic ,buyers were keen to buy but had to raise their price to meet the market.
    Put simply the stock was oversold .
    I expect tomorrow and the next few weeks will be a period of consolidation and holding out for any market updates.
    If buying dries up short term then the stock could retest its lows.

    GLTA
 
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