Looking interesting again. Up 18% in NZ and 17% here. Presumably (hopefully?) TSX will match tonight. Could something more than the increasing POG be behind this substantial rise in sp. If I remember correctly, OGC has said they will solve the phillipine problem by the end of June. Therefore, as time passes, it will become more risky to short this stock. I'm assuming here that the resolution of the Didipio problem will be positive. With the improving situation globally (relaxation of credit, increasing Cu and Au price) I am hopeful of further strength in the sp.
OGC Price at posting:
$1.09 Sentiment: Hold Disclosure: Held
