OGC 3.00% $2.40 oceanagold corporation

Well if this share does not run on the TSX then I am a monkey's...

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  1. 10,469 Posts.
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    Well if this share does not run on the TSX then I am a monkey's uncle.

    The AISC of USD564 (approx AUD 710)/ounce this quarter is something to die for - a real money machine which is why they paid back USD73m of their loan and still added USD12m to their cash balance.

    At the rate they are going they could be debt free by mid year.

    All hail Haile! They delivered on this project as promised at the Denver Gold Forum (possibly over delivered as far as I can tell).

    $4 by the end of the week? $5 by mid year? I dunno. Will be interesting to see re-ratings from analysts.

    Some risks still out there of course.

    loki (I am excited, but will see what the market does to my expectations.)
 
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Currently unlisted public company.

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