OYM

Most gold stocks are out of favour.  Surprisingly, this one is in production!  And will be producing more out of a mine in Sarawak.  The scores have been good but market is only interested in failures currently.

The mines in Vietnam are subjected to communist idiosyncrasy, so are not highly profitable.  There are all kinds of taxes and charges to make it unworthy for western companies to go there.  Just ask BHP!

http://minesite.com/news/olympus-pacifics-gold-production-could-increase-to-200-000-ounces-per-year-if-the-current-feasibility-study-at-bau-proves-favourable

I don't know how much debt this stock carries but with repeated good exploration results coming from Bau in East Malaysia, it is rather disappointing that the share price continues to fall.  I like this kind of company where market is not behaving rationally and I get to top up at a low price.  However, this year, the contribution to my super fund has been curtailed by Uncle Wayne so cash for investment has shrunk.