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Re: cl001 post# 14950

Friday, 07/03/2009 10:08:44 PM

Friday, July 03, 2009 10:08:44 PM

Post# of 35788
OGC.TO: Just looked at NXG and yes it makes sense ! They could try to cheap take over OGC and bring Didipio online and they would soon be running at close to 900k gold oz equivalent. Thats about what AUY did in 2008? What´s AUY market cap? Very far from what a OGC/NXG combination would bring in right now.

The value of taking over OGC is so obvious...

BTW ... why not AUY ? or any other co. Lots of pretenders I guess. AUY, they just sold down underperforming mines for USD 220m. Maybe they might want to pay cash for OGC takeover. In the process they can get very nice geographic diversification at last. Had it all in Central/South America. Not nice when compared to NZ, where sheep count is larger than that of crooks
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