igo or ogd? which is a better buy?, page-5

out of favour generally, and has been marked down to a silly level.

- it has cleaned up its hedge book, which was a negative
- it is relativily high cost producer, which gives it good leverage to gold price
-expansion and exploration initiatives are slowly coming good
- at 68 cents it is cheap IMO

dont forget this coy has very sparse coverage - some of it lees than good quality