broker rated ogc as buy, page-5

TitusPullo,

"One stock being watched by BlackRock as a possible investment vehicle is Melbourne-based OceanaGold, which completed a $93 million share placement to big investors this week."

Not in a million years would BlackRock say something like this, nor is it allowed for it to do so. Why would they allow other entitities to front run them?

Does it not strike you that the one tip in the article is a company that's just placed 30million odd shares to brokers? And especially when the tip is a company that hasn't generated dividends or profits for some time now (the thing Hambro is looking for in a mining company).

My guess is that it is a tip/statement passed on by Macquarie to Bloomberg. Macquarie NEED to SELL the OGC stock they picked up from the placement, and anyone gullible is fair game.