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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
Comment by konzelmannon May 11, 2010 3:19pm
189 Views
Post# 17086172

RE: RE: to many thoughts and points

RE: RE: to many thoughts and pointsSMF is probably one of the best performers today.  Compared to other similar golds, OGC is doing fine.  NGD up about the same percent as OGC right now, for example. 

Just a case of OGC continuing to be under the radar and unrecognised.  Give it some time.  There was a time when SMF was undervalued too, took time to get it there but now its pretty much valued correctly. 

Give them time and they'll get OGC to a fair value too - $4+ easily.  OGC could eventually reach pretty close to SMF values, just give it time.  OGC is looking at 35-45 cents EPS /year with gold at these levels.  Do the math.



Bullboard Posts