ORS 0.00% 1.3¢ octagonal resources limited

Gold up another US$6 set to fly higher, page-2

  1. 20,035 Posts.
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    I don't want to sound like a kill joy but I am always suspicious about these fast pace gold rallies reacting to political/war events. They can just as easily collapse like the previous rally in response to Ukraine. However it is a pleasant relief even short term to see a good rally but it is meeting a block traffic overhead.

    This stock is among one of the cheapest to get exposure to a producer measured in market cap or SP. This is going to a base gold stock for me to keep adding to the family so in time I believe when the world economy recovers, confident enough to talk about controlling growth is the time when we will see the logarithmic rise in valuation subject to of course a growing mine life and extended resource in grades.

    In times like these unlike the $1900 POG, grade is king.
 
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