RE:10 years later OGC is actually down a bit over the past 10 years but nowhere near as bad as GDX ETF over that time period. I suspect most gold or PM indexes are similar.
That means that if OGC is not creating value for shareholders in past 10 years, you can say that is even more so, for most other gold or PM stocks. .
Mining is a tough business and certainly not a buy and hold type of investment.
Seems to be buy when sentiment is poor and sell when it gets better, .
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SIGG1 wrote: Look at the 10 year chart. This is trading at the same price than 10 years ago. Definetly not creating value for shareholders. But they have been creating value for executives though, this is where is money is going.