OGC
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0.00% $2.20 oceanagold corporation

why is it falling?, page-2

  1. miningnut
    10,531 Posts.
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    14/04/09
    14:08
    Post #: 5009316
    Because the NZ gold price has retreated from $1920/oz in Feb to $1520/oz today - that's $NZ70 million(or more than 40c/share) in less operating cashflow for 2009 on the unhedged 175,000 ozs hopefully due to be produced this year.
    OGC Price at posting: 67.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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