OGC 0.00% $2.20 oceanagold corporation

Maybe Didipio does not define OGC but it does account for 24% of...

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    Maybe Didipio does not define OGC but it does account for 24% of production and higher percentage of its profits because of its low AISC while the mine is: 22% of global gold reserves, 71% of silver and 100% of copper; and 15% of gold resources.
    Given that OGC would most likely be about 500c without the Didipio threats (in view of the high POG at present) then you could say that OGC has already been priced as having lost Didipio but In the event of an adverse presidential decision being confirmed then I anticipate further fallback in the SP.
    I decided to protect myself against the worst and sold all except a token amount at 360c this morning.
    Last edited by jogo: 05/07/19
 
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