OGC 0.00% $2.20 oceanagold corporation

Just touching the EMA 50 (and hopefully bouncing back), and SP...

  1. 588 Posts.
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    Just touching the EMA 50 (and hopefully bouncing back), and SP still nicely above the EMA 100 and EMA 200. So - no need to panic - YET.

    https://hotcopper.com.au/data/attachments/3310/3310792-cb500e452b0c625b7a6f4cc872a02c6d.jpg


    Obviously ... anything can happen, but at this stage I would think they are at a forward PE of 10 (without Didipio) anyway good value and amazing value if they get Duterte's signature to reopen their Philippine mine (as envisaged). Obviously - the signature would re-create a lot of Philippine jobs, which might well be a motivation.

    Just one of the stocks where it pays not to look every day a the SP. One day this all will be sorted and the SP will be up.
    Last edited by BlackPeter: 29/06/21
 
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