Well, I thought mid 140s was cheap when it slumped 30 odd percent in one day a while ago, so I bought more and held onto them as the price jumped back up - only to see it drop again.
The price will move back up from here, but I think we may need some serious good news to see it back over two dollars. There are a few issues to sort out, maybe with hedging, maybe with the cost increases at Dipidio. The sentiment surrounding this stock seems pretty ordinary at the moment, so a sniff of bad news could seriously hamper its rise.
But yeah, I'm glad it made some modest gains against a falling POG on Friday and the performance of some other gold stocks.
OGC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
