possible causes of the sudden strength, page-14

I am in Canada and always wonder why Australian do not valued your best gold stock and sell it down. I am keeping it for very long term. Assuming 1100 USD gold price at 270,000 oz per year, they will cash flow US$0.72 per share which should get a SP of over US$5.

The recent action by OGC management to buyout the hedge indicate that they do not want to the hedge to expire at end of year for OGC to gain investor attention next year. They want something to happen now. They also bought out the hedge last month when POG was temporarily lowered.

What do they want to happen to OGC this year? Something we all can ponder.

I buy from TSX and always wonder why ASX do not lead the price up but only follow TSX up.