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Strategies & Market Trends : The Ego Forum

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To: hubris33 who wrote (3889)	6/6/2009 9:02:03 PM
From: El Canadiense	Read Replies (2) of 12175

hubris on OGC.TO, as per your comment BTW - since I've already mentioned it here.....OGC has the lowest M/C on any of these in this peer group. That is why there are those on this thread mentioning it a potential play. They have mines in New Zealand and one or a development property in the Philippines. I'm no fan of the Philippines. I fully agree on all your comments above including the Philippines, but consider this, the Philippines might be a hidden gem of an asset, as it is about to get SOLD! see: stockhouse.com so: Scenario 1 Philippines gets sold for 100-150m USD OGC can eliminate all/close to all debt then find me a debt free 300k oz producer with resource in politically secure area of the world, no need of financing, cash flows to drive future expansions, hedges about to be closed in 1 year, selling for M USD200 ??? no way

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