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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 psych01on Nov 23, 2022 6:01pm
157 Views
Post# 35123471

Re:May be we will have a good week ahead

Re:May be we will have a good week aheadThe U.S. Fed minutes indicate that they might be relaxing interest rate hikes--'only' 'only' 50 basis points in December, maybe.  That could dampen the 10 year bond yield, help gold; if the USD weakens a bit it will help also.  Crypto has taken a major hit so some might come back to gold.  Can't hurt I think.  Then, if we get the official go ahead for Haile underground, could be a bounce.  Any recession data is good for gold.  But this sector, the juniors and intermediates have come into disrepute, we're hated and that's about that.  Happy Thanksgiving to our American friends.  IMO 

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