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OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corporation is an intermediate gold and copper producer. It 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 it 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 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 operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its 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

Bullboard Posts
Post by greeneggson Apr 23, 2009 12:04pm
221 Views
Post# 15939391

Price smells of impending dillution.

Price smells of impending dillution.That's about all that makes sense, with the current share price.
I wonder if the underground drill resutls where disappointing to the trained eye.
I wonder what the cost per tonne of ore is to process from the undergound. ie, how much money do you make on 3 gram a tonne and under ore. I know there was higher grade but it seems a lot of 3 and under grams.  I also wonder if the width of the viens were disappointing.
Will probaley add to my postion today as CC should be a catalyst, hopefully positive.
Bullboard Posts