Loading ...Awesome setup in ORG.V – Gold developer
After going through 100´s of gold stock charts last night this chart really stood out. It has had a bullish consolidation below +7yr base breakout level and sitting just below 52 week highs. The volume profile is textbook. I’m anticipating a strong move out of this base.
Could be “whale” of a move? Just beware their projects are in Africa. Biggest in Sudan.
Yes, the projects are in Africa but in a relatively remote safe and secure area. I think the opportunity is the rerate potential. Its a developer that will produce 228,000 oz Au per yr in the first 7yrs. Robust economics and good backing, Ross Beaty 10% etc.
Ethiopia and sudan fighting and Russia moving into Sudan with new naval base. The next war may be in Africa over resources and depopulation. Nexus Gold still sucks and Sinclair struggles