Fangk
I agree with your views.
I do not know if I will do a detailed review before buying again. I am waiting for a flush down of goldies because I expect a drop in the gold price (USD1650-1780 range perhaps), and then I will assess which goldies to buy with my remaining cash. OGC I would only buy as a trade because as we know the management has not been delivering since Dipidio was closed, and I have concerns about the gold price staying up at these levels without US and European inflation. Holding OGC during a longer term gold downtrend would be painful since Haile is based in the US rather than in Oz/Canada/NZ which get the benefit of falling exchange rates as the USD rises.
I much prefer to get back into SBM over OGC, but there are other goldies I like if they drop enough (eg RMS).
loki
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