big buyer this morning, page-2

No feedback from me other than OGC is still in an uptrend. Sp price of 3.50 at start of June and around 3.50 at present (capital raising in the meantime but I am assuming that is all cash in the coffers to bring on Didipio). Gold price in $US at start of June at around $1220 and now around $1380. What does this tell me. That OGC has been consolidating and that it is a better hold/buy now than it was 6 months ago. .... I reckon the rise in the gold price and the halt in the sp provides further impetus or energy underneath OGC for upside from here.

Whilst I do not think the sp is going to explode or head to $5 in short time I do think it is headed in that direction. People are not stupid (not totally anyway) and they will see that this consolidation makes for a better entry position.

The fundamentals for the company have not deteriorated but I think have improved. They are still pumping out gold. They have a good chance of improving on production levels compared to the last two quarters (at a higher margin) and they have Didipio ripening up in the pipeline. Any downside in the sp will only turn it into a better buy.

I'm still likin OGC at these levels and am v. comfortable holding it for the odd upside spurt here and there but also for what I believe will be a continuing uptrend (in gold also) and a well positioned sp at the moment.