OGC is on my watchlist but I am not sure if the mine closure is fully priced at all.
Super tough jurisdiction with crazy people in power. and when this "environmental activists" make moves on behalf of the government, things can get harder because it changes people's opinion about the company. and at the moment I think the sentiment they is very negative and they have the upper hand.
Hope they can get in good terms with the government... or been dragged into a long process of compensation like KCN.
The recent bounce is positive sign but uncertainty is still high. At least OGC have other operating mines.
OGC Price at posting:
$3.93 Sentiment: None Disclosure: Not Held
