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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 28, 2022 7:01am
261 Views
Post# 34925055

back to 2008

back to 2008

https://claudiograss.ch/2022/08/paving-the-way-for-a-2008-deja-vu/

we're on the way to a 2008 similar meltdown. War in Ukraine, hammering inflation and perhaps Taiwan war, or a nuclear disaster at an Ukrainian atomic power plant ... If 2008 repeats Gold will go down to 1350 or below, and OGC is always good for a multiplication of their AISC. 

As the technical indicators show, OGC won't have a new high before 2025 or beyond. The last multy year high was early in 2022 at 3,40 CAD $. These highs appear only all three to six years.

Neither Gold nor a minor high risc gold stock like OGC acts as inflation hedge or a save haven in case of a meltdown - it never has since the dotcom - bubble.

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