OGC.TO Drill Results...
Here's my read (tell me where I'm wrong):
o Grade and thickness is similar to what they are already mining.
o This increases mine-life (which has been OGC.TO's biggest weakness).
o No progress on their other weakness: Lack of a clear growth program.
Still, very undervalued for the number of consistent, unhedged, in-production oz/year and cash-flow, especially when considering its very safe political situation.
I'm quite comfortable with my oversized position in this company.
Again, tell me where I have this wrong?
MontyHigh, www.worldofwallstreet.us
