Well, it looks like I got the rally call right! But I am nervous about OGC now... I used to be a big fan but have changed after last report.
In like gold and gold miners, but OGC I now think may have an over baked premium built in based on anticipated earnings versus forward earnings.
I Am happy to buy in around 1.50 again. I may be too low ball but the risks seem to high at moment.
If gold holds OGC will do ok.. But I imaging a liquidation of gold will happen before Dipidio is giving any signs of $$$
All the best to all holders..
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- at $1.95 this gold producer is waaay oversold
Well, it looks like I got the rally call right! But I am nervous...
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