Just compare XGD with OGC, it’s obvious that until the Dipidio matter is resolves the price is repressed. Whether a worse case scenario is fully priced in to where it is trading now, methinks not. A worse case outcome will, in my humble opinion, shatter this stock.
A positive result, however, will just restart the mine, not resolve the issue.
OGC Price at posting:
$3.52 Sentiment: None Disclosure: Held