The problem with sitting and waiting for the right time is that if and when a positive FTAA announcement is released then the share price will jump very rapidly on its release. Each day brings us closer to that decision. Sure it will take time time for OGC to get Didipio back into reasonable production but the mere fact that it has the FTAA in place is going to remove a great shadow over its future and be seen as a major positive for production and profitability especially if the pog gets back above US $ 2,000/ounce and looks to be trending higher by that time. Still it is your call and although there are positive comments in the latest announcement that would indicate that the FTAA should be signed off that is not the same thing as a golden guarantee that it will be signed off. Good luck with your decision.
OGC Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
