Interesting read gents.OGC has been in a downtrend for the last...

Interesting read gents.

OGC has been in a downtrend for the last 12 trading days and dropped down to important long term support first established about April of last year.

Have a look at the 12 month chart, someone may be good enough to post one perhaps.

I have been a very long term holder in the past and believer in OGC. I would be very surprised to see it fall below $2.30, the increase in volume Friday says to me that buying is moving back in.

Premarket Friday the gold price dropped considerably (since up again)and the early Friday selling of OGC reflected this. There are times when one has to look at the big picture and in this case (in my view) stand firm. In my mind OGC is the best (rest easy) gold stock with potential grunt on the ASX.

With the price of gold about to break into very new territory this week, IMHO, I am looking to buy back in again in the next few days.