ogc shareprice wil increase dramatically soon, page-4

In 2009 the Company is expected to produce between 280,000 and 300,000 ounces of gold at cash costs of less than US$475 per ounce

sounds great now if they could only get one of the four so called interested JV partners to settle on a deal to raise the 185mill needed to get Didipio on track OGC could then get investors back on side -at current SP.18c Mktcap 30mill AUD Gold investors must believe OGC is going to fold
Which is not 100% uncorrect OGC's Depts,Bad hedging are major negatives

If only i could see into the future -If things go OGC's way (Gold price,JV partner,investors)
OGC could well bring in massive 10 bagger + returns to current buyers
It doesn't take a Market Guru to see once postive sentiment returned the Dept & hedging could be tidyed up quick smart


-was just talking with Darran from OGC sounds like one of their top 10 holder-Ospraie- (once the world's largest commodities hedge fund) has been the major seller of OGC for a while -Sounds like we could have some NZ exploration results out early next year
As for JV partners nothing likely in the short-term not with the current credit woes
As for hedging more to be paid-off over the next year ,Didipio costing 2mill per year to put on hold,NZ production looking at 260k-275k ,costs coming down ....overall OGC sound like keeping focus on NZ operation's