OGC is good value - why such a lagger, page-5

This is a heavy investment period for OGC across all operations and that is putting pressure on the share price. The debt is very manageable for a company with a $2 Billion market cap.

Their mines have long-life, low cost resources (at least Didipio and Haile) so longer term I think they will do well.

I've been sniffing around for last couple of weeks. Looking for a low in June, perhaps at the GDXJ/GDX rebalance next week (traditionally been a pretty good time to buy).