Well, I am sadly out of OGC. After 2 years of under performance I have reallocated my capital into other small and even more abused gold stocks. 2 of them are close to pouring gold... or so they say haha.
OGC has the gold, but after re-evaluating their cash costs, production guidance and past performance history, I found it hard to justify keeping my money in them. Perhaps if they get down to $1.50 and at the end of 2012 look like they are going to get the Didipio up then I may jump back in.
I find it very hard to sell all the way out of stocks, (most definitely the reason why I suck at trading) however I have little trouble with OGC. I have been able to average down so I only lost %6. Still, nothing to tell the wife about though.
Good luck to all holders. DOYR. Its fun.
OGC Price at posting:
$2.33 Sentiment: None Disclosure: Not Held
