This is a heavy investment period for OGC across all operations and that is putting pressure on the share price. The debt is very manageable for a company with a $2 Billion market cap.
Their mines have long-life, low cost resources (at least Didipio and Haile) so longer term I think they will do well.
I've been sniffing around for last couple of weeks. Looking for a low in June, perhaps at the GDXJ/GDX rebalance next week (traditionally been a pretty good time to buy).
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This is a heavy investment period for OGC across all operations...
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