For gone conclusion IMO that the deal will proceed. All the...

For gone conclusion IMO that the deal will proceed.

All the major shareholders from Romarco and OGC will have been lined up and the respective Boards will be confident that the numbers are in the bag (otherwise we would have all got phone calls "reminding us to vote and do we have any unanswered questions?").

OGC weakness is strange. Many of the Aussie based miners have gone for a serious run lately and OGC has been wallowing. I've seen many analysts (Sprott, Mac Bank, etc) liking the company. The only thing I can think of is maybe (a) copper exposure, and (b) the Romarco deal. Additionally, if sentiment is starting to turn about the POG trend, then it's not as critical to have the 'lowest cost' gold miner; instead you're looking for those much further up the cost curve that will provide the greatest leverage.

Anyway, happy to hold (and add) as this is a very low risk miner and if the trend has changed then all boats will rise (by serious amounts) !!

Cheers
John