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Bullboard - Stock Discussion Forum 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... see more

TSX:OGC - Post Discussion

OceanaGold Corp > you should only be looking at EBITDA
View:
Post by DirkStHouse on Feb 19, 2021 9:20am

you should only be looking at EBITDA

which for the quarter is about 70 Mil $.

writeoffs and didipio writeoff bringing it down.

not sure what the intention is from you guys, you all sold and want to buy in cheaper ?
stock will be trapped here till we get didipio back. Had hoped for more news on didipio.
Comment by clubhouse19 on Feb 19, 2021 9:37am
Tha's a wish and a prayer
Comment by Esther1 on Feb 19, 2021 9:57am
The only thing that is important with this stock is if you believe Gold will stay in the 1500 to 2000 range for an extended period of time, and if you believe in the guidance of management. If you believe Gold is going significantly lower, sell.  If you believe management are knowingly  giving misleading guidance, then sell. OGC is in the position it is in primarily because of the ...more  
Comment by clubhouse19 on Feb 19, 2021 10:16am
Like templtooth stated... Didipio does not seem to be the only problem when you take all into account. They are treading water as shown by the market. They really are walking a tight rope. "Reboun- first reaction OGC sold 96,400 oz in Q4 with a reported AISC of  $1080 per oz. Total sales for the Q amounted to $168 million and adjusted net profit was $2 million. $2 million ...more  
Comment by SIGG1 on Feb 19, 2021 11:36am
as predicted yesterday, huge selling pressure, stock could collapse today 
Comment by LowtoHigh on Feb 19, 2021 11:40am
Agree that didipio is the main factor in this poor performance. The price of gold would have kept a minor without these issues in relatively good shape. But we saw this coming with OGC.
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