what the six new tenements will mean for ogc

The way I see OGC is this:

With six new tenements OGC is becoming the stock that has most capacity to appreciate in value.

That makes it a safer stock to be in. Right now it has enormous potential based on New Zealand alone. But with the additional mines to come into production, it enables seven new sites to all be going into production.

Seven 7 new sites all containing ore strikes going into production means that EVERYONE will want to come into this gold stock. Gold is set to get stronger in price.

When the production schedule for the six new tenements is announced on the ASX, and the media pick up on it, OGC will be touted as the up and coming gold stock to invest in.

OGC is already in the ASX200 and that was before any of its seven Philippine copper and gold mines were considered. That means fund managers who can only buy ASX200 'blue chip' stocks for their clients, will now be focussing on this recent occurrence. It is only a month since OGC was upgraded to ASX200 status. Buying is set to escalate the price as the word gets out to fundies and they start selling the stock to clients. That takes one or two months to generate the new contracts etc.

What we will see is a continuation of the share price upswing for OGC and a much larger safety net for anyone wishing to use OGC as a superannuation mid to long term growth fund but with the advantages of being part of the immediate growth story of gold. And is not only super funds that will come from Australia. Giant Canadian companies have been known to get involved in such ventures. Other countries will also now be interested in OGC. It ihas robustness, quality management, ASX standing and now a six new tenements to come online. OGC has had these tenements sitting in the background for three years waiting for the right timing. Gold has increased in price all the while.

Newminer.