Replies to post #22971 on Value Microcaps Junior Miners

[stock_peeker]

OGC.to looks great on 5day chart but still looks terrible on 3month chart. Like all PM stocks, it seems to be waiting to see whether the next move in Au/Ag will be up or down. I don't expect any short-term catalyst to take it higher on its own.

Still, if they do increase their mining volume in NZ (and cashflow) as planned over the next 6 months (and Didipio in Philippines doesn't get weird on us), Oceanogold should be a safe longerterm hold.

[tigersea]

yay I was right. OGC is an inverse gold ETF. watch it drop like a rock when POG recover. lol