Wow, cash costs rising faster than the price of gold. Good thing price of gold is high. Very poor management skills in this company and very good at placing a very positive spin to a negative result.
Have just sold today and have lost faith in OGC after following this stock for the last 3 years.
At the end of the day, beyond the price of gold and whatever growth opportunities with the Dipido project, decent and consistent returns comes down to the quality of the management.
Dipidio is definitely the saviour for this company, but who knows if it can be delivered in the best way possible, whether on time or not and at what costs. Costing is not the management's strength nor is communication.
OGC Price at posting:
$2.37 Sentiment: Sell Disclosure: Not Held
