Ovoca Gold Share Discussion Threads

[hazl] 22/9/2016 11:17

Hypocracy personnified yet again!

You are perhaps ill-informed riding a company through a bear-market and expecting to come out smiling.

We have done very nicely here thanks for your concern.
Due diligence done as you put it.
It's very easy to put people off in these little aim companies and if that's your main goal in life, which it seems to be, I feel sorry for you.

This company has quite a few assets as well you know to quote one of your recent posts ....
' and if I see another opportunity rise I may even grab another quick trade in it'

Lets be honest you are just fed-up that we have made something and you haven't.

IMO

[mbthedude] 22/9/2016 10:01

fiachra,

You are 100% correct, I reckon you must have a similar view?

Their track record speaks for itself, buy related companies which means shareholder money is depleted and goes straight into their pockets, waste more money for a few years then never develop the project and rinse and repeat.

Just shows that people buying in haven't done the due dilligence, or maybe they have and still want to take the risk!

I'm not a holder of these I just saw an uncharacteristic momentum trade and rode it over a weekend, couldn't wait to get out by the way and was relieved the target came up so quickly!

[fiachra] 22/9/2016 09:48

Mbthedude. You seem to be thoroughly dissatisfied with the way this company has been run since the Russians took over?

[mbthedude] 22/9/2016 09:14

afraid not to the number and I haven't seen him on advfn.

[goulding1215] 22/9/2016 09:12

Yes. You don't have his old phone number, or is he posting anywhere?

[mbthedude] 22/9/2016 08:35

This is how companies that have slightly more exposure to Gold than the name of the company react to days like that.

Company Symbol Price Prev Change Change %
Agnico Eagle Mines Ltd NYSE:AEM 56.03 USD 52.28 +3.75 +7.17%
Alamos Gold Inc NYSE:AGI 8.63 USD 7.86 +0.77 +9.80%
Anglogold Ashanti Ltd NYSE:AU 16.68 USD 15.11 +1.57 +10.39%
Barrick Gold Corp NYSE:ABX 18.69 USD 17.20 +1.49 +8.66%
Compania Minas Buena NYSE:BVN 14.70 USD 14.11 +0.59 +4.18%
Eldorado Gold Corp NYSE:EGO 4.22 USD 3.99 +0.23 +5.76%
Gold Fields Ltd NYSE:GFI 5.18 USD 4.75 +0.43 +9.05%
Goldcorp Inc NYSE:GG 16.83 USD 15.73 +1.10 +6.99%
Harmony Gold Co Ltd NYSE:HMY 3.77 USD 3.37 +0.40 +11.87%
Kinross Gold Corp NYSE:KGC 4.49 USD 4.17 +0.32 +7.67%
New Gold Inc NYSE MKT:NGD 4.81 USD 4.55 +0.26 +5.71%
Newmont Mining Corp NYSE:NEM 41.03 USD 38.15 +2.88 +7.55%
Randgold Resources Ltd NASDAQGS:GOLD 102.44 USD 97.83 +4.61 +4.71%
Sibanye Gold Ltd NYSE:SBGL 14.75 USD 13.64 +1.35 +10.05%
Yamana Gold Inc NYSE:AUY 4.82 USD 4.48 +0.34 +7.59%

[mbthedude] 22/9/2016 08:33

mixtup?

Afraid not I emigrated in 2008.

[hazl] 21/9/2016 22:08

I see Gold is up over 20 points !
No rate hike over in US.

[goulding1215] 21/9/2016 16:31

Mbthedude,

Is stalliano still around? I have lost contact, and would like to regain contact. My email address is still the same. This is John formerly from Liverpool. If you are in contact can you ask him to contact me, please. TYIA

[hazl] 20/9/2016 08:51

Important meeting over in the US this week.
It may go golds way.......wait and see mode....


IMO

[hazl] 19/9/2016 08:16

gold on the up as well this morning by the looks of it

[hazl] 16/9/2016 13:42

on the rival l s e chat they are recommending OVG as a way of benefiting from POLY's rise.
That is debateable but interesting nonetheless.

[hazl] 15/9/2016 20:30

to provide some balance

[mbthedude] 15/9/2016 13:47

A profit was made on a quick trade that I was satisfied with, I'm not interested if you made extra %
nor are other people I'm sure interested in your hubris.

The near term future will prove which one of us is correct with this share, and if I see another opportunity rise I may even grab another quick trade in it but evenutally its going back to where it came from I'm afraid.

[hazl] 15/9/2016 12:57

You and I both know that you were nowhere near the price boz and I got in at.
As you said you held for a couple of days when we were proved right that it was due a rise.
Before that by your own admission you were in it and lost cash in the bear market.

Enough of this hypocrisy .

[hazl] 15/9/2016 12:29

I am pleased for you.

[fiachra] 15/9/2016 12:27

Mbthedude. How refreshing to see you on the side of the Angels.

[mbthedude] 15/9/2016 12:18

Just watch your remaining shares depreciate like a stone I did what boz did and took the money and ran.

I have been buying physical precious metals since 2004, no gambling, no leverage and no paper must be ahead of the curve eh? In fact I reckon have acquired more AU and AG than OVG so perhaps I should call myself a successful junior mining company.

[hazl] 15/9/2016 12:18

I don't think anybody can be complacent.
I am NOT saying where I think we are going from here.
I think people should be careful with stocks particularly at the moment but be able to make up their own minds.
I am continually reassessing.
IMO

[hazl] 15/9/2016 12:11

Lets be honest you are just fed-up that we have made something and you haven't.

8-)

[hazl] 15/9/2016 11:56

I don't consider myself lucky as you put it.
I am a researcher who spends a lot of time studying cycles and made a sound judgement this would rise back in the beginning of this year.
Interest rates have been a big driver of golds direction this year.
Whereas you.... as you have continued to make this personal,I will do the same..... didn't have the good sense to see when a bear-market was coming!

The problem this share has which I have intimated before is liquidity and therefore the shares jump quickly in either direction.

I don't believe you have any altruistic motives for one minute.
You clearly couldn't read the situation last time so perhaps you are not now.

I will make my decision according to the market moves rather than your scare-mongering.

[hazl] 15/9/2016 11:46

Lastly I am amazed at the lengths people go to when they don't own any shares just a bad attitude,in my opinion.



IMO

[mbthedude] 15/9/2016 11:44

You are misguided hazl, this share will never go up and down with the Gold market it is 100% detached from the exposure to Gold as it doesn't have any serious projects with a plan to ever fully develop imo.

I bought and sold in the space of a weekend and consider myself lucky to have got in at the early stages of a mugs rally which as accurately predicted has fizzled out and it wont be long now before this is back under 10p. I recall one poster "I've bought in at 18.5 think it might be a mistake?" Sadly yet it was!

I feel duty bound to post a more accurate description of the way this company has operated in the past as a stark warning to those thinking about investing for its future. I don't see anything that has changed in the past 5 years.

You were simply lucky that you caught the froth which was more likely than not helped along by your endless ramping of this share or a tip somewhere that dragged the punters in. It made the second largest % riser on the day and the following couple of days was a reaction to that, not great fundamentals, exciting projects with vast reserves nor a movement in the Gold price.