OGX
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0.00% 0.3¢ orinoco gold limited

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  1. Merchant2000
    21,019 Posts.
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    01/08/18
    08:33
    Post #: 34661090
    Imo
    Seriously Dyor outside of HC
    IMO
    A market cap of over $60m imo for current cashflows and cash and production levels is well well overbought

    Similar market cap to Blk and they are actually producing over 7000 oz per month

    IMO
    Watch the marketing show commence now to try and complete a CR and then again after a month or so the price will imo be well below Cr price again - this is the nature of small mining stocks

    Ps be cautious and remember no one here is trying to downramp to get it cheap
    Last edited by Merchant2000: 01/08/18
    OGX Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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