Ovoca Gold Share Discussion Threads

[wood fire] 17/3/2016 09:17

Up she goes

Massive discount to real value.

[hazl] 16/3/2016 18:20

'Although the Federal Open Market Committee left interest rates unchanged they have left the door open to hikes later in the year, despite downgrading their economic projections.

The central bank’s decision to leave interest rates unchanged in its range between 0.25 and 0.50% was widely expected by the market and economist.

In the statement the central bank was fairly more optimistic on the U.S. economy, downplaying the impact global market volatility has had on U.S. growth.

The statement said: “economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months.”
kitco.com

Gold rising so far with FED news....great!! imo

[hazl] 16/3/2016 15:01

A POST!!
Well done mike!

[mikeh30] 16/3/2016 14:26

£5.4k buy88k shares

[hazl] 14/3/2016 10:11

THAT'S a lot of shares the director bought back in October!

A similar price to what you can get them for now!

[hazl] 13/3/2016 11:56

'Gold and gold stocks have refused to correct for more than a few days at a time. Do not be surprised and unprepared if this run continues. Also, any extended weakness in gold or gold stocks is a buying opportunity.
Can Gold Climb To $1400/oz?'

1 Comment

[hazl] 12/3/2016 14:27

'Jim welcomes back Louise Yamada CMT, Managing Director of Louise Yamada Technical Research Advisors. Louise sees the current uptrend in the market as a bear market rally and notes that the major indexes are stalling at the declining 200-day moving average. She believes we need to make new highs to see an end to the bear market. Louise also points out that there are few places to hide around the globe, and she sees similar technical patterns in most markets. As to gold, Louise believes it is being propelled primarily by the fear of global negative interest rates. She also thought the move through $1200 was a break-out, and we could see a rally to $1400 over time. They also discussed interest rates and the dollar as well. Also, Ryan Puplava has this week’s Market Wrap-up, and David Morgan of The Morgan Report discusses the precious metals markets with Jim.'

financial-sense.com

[hazl] 10/3/2016 21:15

Gold has absolutely raced up today.
I see no reason why stocks like OVG shouldn't do likewise!

IMO

[hazl] 10/3/2016 14:07

gold on the up

ECB reduces rates!

[bozzy_s] 09/3/2016 16:22

Well the 19,000 'investor' was a long-term holder..... 9 days!

Reckon we'll see a bit more of that as idiots who tried to day-trade OVG take their losses. Maybe look to buy more once the short-termers disappear.

[mikeh30] 09/3/2016 14:04

Increasing interest...... OVG will have its day in the sun.Some people just like to buy when it's risen 50,60,100,150%. Buy low sell high.

[hazl] 09/3/2016 12:41

A bit of interest this morning...it seems

[wood fire] 08/3/2016 15:16

Can do100% in just a few hours.

Could do 300% over time.

[mikeh30] 08/3/2016 15:12

Only a matter of time before this clicks.Word will spread and momentum will take this.

[hazl] 08/3/2016 10:07

Absolutely mike; investors are fickle 8-)

good post bozzy

[mikeh30] 08/3/2016 09:27

LEG was getting talked about on Twitter as one of its investments covers the mcap. Then today 40% up everyone wants in.BUY

[bozzy_s] 07/3/2016 16:01

Fantastic performance by POLY again. +35p is another £271k onto the OVG balance sheet.

Now's the time to buy marginal gold companies - i.e those whose share price crashed with the falling POG, survived, and are profitable with POG at over $1200 per oz.

Hope to see OVG restarting mining operations soon. Some potentially positive impacts are

i) Having been written down to zero, if operations at Stakhanovsky resume then some of the write-offs may be reversed, leading to an increase in balance sheet assets.

ii) If the company can become profitable from resuming mining operations it should lead to a significantly higher valuation, based on net liquid / tangible assets + multiple of annual earnings. If they can make £1m a year all in, I'd hope to see a valuation of around £30m.

[mikeh30] 07/3/2016 15:25

They've done it before. Will they sell again and realise the value?

[hazl] 07/3/2016 13:15

Don't know what it is with me but I seem to ha ve something about gold miners beginning with the letter 'O' .....I have OVG OMI and ORE!

[mikeh30] 07/3/2016 12:45

If POLY continues its forward march we could have a really interesting situation here.If we can recover the remaining 5mill from the litigation there is going to be a fast uplift.

[hazl] 07/3/2016 12:17

yes OVG's POLY investment worth even more now....8-)