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$2.20 oceanagold corporation

Start panicking ?

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wooshaa

2,170 Posts.

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30/06/21

15:43

Post #: 54180750
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Originally posted by BlackPeter: ↑

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.

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.

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Start panicking ?

OGC Price at posting: $2.38 Sentiment: None Disclosure: Held
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0 Great analysis

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