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Strategies & Market Trends : Ride the Tiger with CD

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To: bull_dozer who wrote (304465)	7/11/2024 12:36:50 PM
From: LoneClone	5 Recommendations of 312307

Two more mid-level gold stocks worth a look IMO... OGC has been running even more than its peers of late, probably because they will be generating a lot of FCF. I have a personal target of $5, but the brokerages are more conservative, with targets of low to mid $4 range. And it looks like EQX, which was unloading a lot of shares of IAU, has finally run out of shares to sell., Volume has dropped off and the chart looks like a bottoming pattern to me. They will be bringing 3 Nevada gold+ mines into production in the next few years, and IMO will get a real boost if and when they can finally reveal the identity of the as yet unnamed company that has been spending money on IAU's Ruby Creek while negotiating a JV. I still have an eventual personal target of $5 for IAU, which would generate a great reutrn on the warrants. LC

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