OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

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

OceanaGold Corp

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Post by dynarodon May 22, 2009 9:42am

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Post# 16008722

debt

Chaps

I see some people claiming that OGC debt is close to 400million

However when I read the balance sheet I see about 160-180 actual short and long term loans – the rest is just other unrealised liabilities such as hedge values + accounts payable etc – admittedly these liabilities will have to be realised at some stage and paid – but from a pure debt perspective it’s a lot lower than others claim

Is this correct? Thoughts?

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