Hardly anybody understands the fundamental complexity & vagaries of valuing gold miners so the average punter relies on gold price & TA of share price
Once gold price moves it triggers TA signals regardless of fundamentals & perceptions change which will make it look relatively undervalued until momentum runs out & by then it should’ve outperformed
Of coarse that may not happen but I’ve observed & traded this pattern many times
- Forums
- ASX - By Stock
- OGC
- Coming off the Bottom
Coming off the Bottom, page-8
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online