Hi Salt... (just between you and me - I've always valued and appreciated your insights and opinions)
I've been mulling over the well established (and seemingly organised) practice of using and manipulating FUD and FOMO, especially by market "Whales". I thought others might find the below graphic interesting and perhaps help those feeling a bit befuffled (ie "Normie") understand that this stuff routinely happens.
You might also want to check out those poster/s with a particularly aggressive and repetitive FUD message and see against the chart when they showed up on these threads.
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This next chart is about the emotional rollercoaster, and it's correlation with FUD/FOMO and the maximum points of risk and reward.
Is there risk with holding and/or buying at this point? YES!
Are we approaching the bottom of the downwards slide from Anxiety to Despondency? Probably.
![]()
So my suggestion:
- Cast aside the seemingly biased up and down rampers.
- Consider the various components of OGX, eg is there gold, what are the grades, what are the challenges, what is the likelihood of these being resolved and how long might this take.
- Consider your own exposure to risk and reward....
And then decide if you think it's worth holding, buying or selling.
GLTA - and very importantly... this is not advice, I'm just sharing some information that's easily available with a google search.
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- 4.3 cents and dropping
4.3 cents and dropping, page-27
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