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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: sooner or later who wrote (201655)7/28/2011 11:14:55 AM
From: ogi  Respond to of 312987
 
I am not fully up to speed on OGC, as I have abandoned it. But don't see much great news in this release.

A. they earned $4.1 million and have a market cap of 741 million,
seems there is much speculation of improvement ahead

b. They would not be making a penny if gold had not run so far in the past year,
cash costs are just the worst.

"Sold 61,335 ounces of gold at cash operating costs of $921 per ounce"