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22/01/15
12:32
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Annnndddd another green day loving this stock at the moment!! Very impressive run!!!
Gold stocks in general are having a great run at the moment.
OGC in general is my favourite. Reasons:
It achieved record quarterly gold production at Didipio with 34,783 ounces produced in the fourth quarter.
It is going to be a very big year at Didipio with more and more ounces coming out of the ground!
Further strengthened the balance sheet in the fourth quarter through core debt repayment of $30 million and increased cash balance to $51 million.
It also diversifys it's earnings by digging up copper.
Copper production is expected to remain strong with a production range of 21,000 to 23,000 tonnes.
Very excited about this stock.
Anyone got anything to add or discuss
All IMHO DYOR
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