OGC 0.00% $2.20 oceanagold corporation

Did you factor in the huge $204 mill debt with the $2.48 sp? I...

  1. 707 Posts.
    Did you factor in the huge $204 mill debt with the $2.48 sp? I suspect that gold share buyers are coming more cautious about high debt gold miners with some doubt over future gold price rises to $1500 an ounce. A similiar high debt gold miner, Avoca now has had one broker downgrade to strong sell. Avoca, Newcrest and OGC are well down today.
 
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Currently unlisted public company.

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