OGC 0.00% $2.20 oceanagold corporation

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  1. 44 Posts.
    As for price - there was some buying in anticipation of results. Expect some blowback - prices don't just go straight up, and it isn't healthy for a share price to do so. I simply will continue to accumulate more - I recommend everyone listen to the conference call - I thought it was very positive. Yes, the new 32,000 ounces hedged bugs me, and represents some conservatism for a relatively aggressive company. But, in retrospect of the bigger picture, probably just a nigly, and not something that changes my outlook for OGC. They have strong producing properties at respectable cash costs, are actively looking for ways to improve their balance sheet, have an attractive development project, and have another potential project in the pipeline that already has permits.
 
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Currently unlisted public company.

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