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OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corp is an intermediate gold and copper producer. The Company has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver that the Company produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology, which connects communities around the world. The Didipio gold and copper mine is located in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The Company's Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine located in Kershaw, South Carolina is a gold mine on the East Coast.


TSX:OGC - Post by User

Post by Elvis436on Aug 20, 2020 5:52am
201 Views
Post# 31432174

next south again

next south again  https://charting.godmode-trader.de/t/grid/config?id=4228909&width=640&height=360


D
ue to an imminent correction of all markets, Gold to 1600, the stock indices as well, I expect OGC retesting the recent low, which you can anticipate in the quoted chart. Last time OGC was a precursor of all markets with a time lag of some months. The trigger may be no FTAA until mid October and an impairment, and a crash of the other markets. To the upside I don't see any arguments right now for OGC. As I'm a bound long term investor due to rubbish tax rules, I would be happy to be wrong.
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