Currency and the "So What" for OGX, page-86

First 86 Last

Share
Profile

Follow
Tdman1

198 Posts.

173

25/08/18

16:05

Post #: 35179352
Share

Originally posted by bid.rod ↑

Hi Tdman1

How can any one deny the favourable landscape for producers of gold in Brazil, with currency been just one of then. We are now approaching the end of the month and an update on how we are doing, will be on the cards in my opinion. Maybe, you should hold your fire until then, totally after you... You have in your 69 post (Fast approaching 100) put endless post about our inevitable demise. However there is a drive in the mine to improve the performance from last quarter. RC and the guys in the mine are well aware of that. A third TORO will be necessary to keep feeding the plant with good grade ore, and constant adjustments will have to be made to get the mine going. No one way street to operate a mine, but no even YOU, can deny the rewards if they manage to get this little battler the right balance.

But there is one thing about all this.... YOU don't hold, so your risk is "NADA"... so, is very interesting to see someone posting so much in a Company that they don't hold and don't believe.

I have a friend, his name is Simon, very angry with the company for some reason... You can fell the hate in the way he try to communicate with the company. Very strange his behaviour. But that is the way sometimes stocks like OGX play, the risk is high and not a stock for everyone... you need to be patient and have tolerance to volatility, but they have amazing possibilities, just take time and money to develop. They will keep fighting one battle at the time.

Good luck in your others investments.

Bid.Rod

Expand

A very high gold price is not a good thing by the way
It shows the total lack in confidence in the currency and the financial mkts.
Run away inflation, market collapse... remember the us global financial crisis at all??
A high gold price is a lead indicator for country wide financial depression.....

Think a bit bigger than just the one company hey... macro economics

OGX Price at posting: 4.6¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

RCE

Recce's R327 found effective against E.coli during clinical trial