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$2.20 oceanagold corporation

Very well written, even better researched. Ppl like you deserve...

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Yellowsilkroad

79 Posts.

6

10/02/20

20:09

Post #: 42849535
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Originally posted by james99: ↑

It lost about 40 percent of its cap for the potential loss of 20 percent of its income, which it now seems positive about having returned, ie having the licence granted. The media there suggested a two year interim licence might issue to allow time to sort things out.

It will by then have made good progress with it's NZ mines, which have greater geo-political safety.

I suspect its profit for the past 12 months, to be announced on 20 Feb., will be about $160m. The projection today will better that if the POG remains near or above about us$1500.

It is undervalued.

Today I took a position.

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Very well written, even better researched. Ppl like you deserve great returns from the investments. And of course I reckon you may just be at the rightest time taking a position.

OGC Price at posting: $2.83 Sentiment: Buy Disclosure: Held
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