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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 tillbillyon Feb 28, 2011 3:16pm
283 Views
Post# 18206695

RE: RE: RE: RE: New Presentation

RE: RE: RE: RE: New Presentation4est...GAM (GRS NYSE) or ELD (EGO NYSE) are 2 to start with. Less volatility with Eldorado perhaps but more upside swing with GAMMon once they settle a few issues that you will learn about when you do your Due Dilligance.
Gammon also produces a wack of Silver which they are gonna report a huge beat down next report.
Disclosure....I own no Gold/Silver stocks as of Friday and have reduced bullion by 50%. I am short Silver as of this AM(FEB 28). Short DOW. Long UUU and daytrade UeX.
I only watch OGC after I sold it in the high 3's from holding since the 1st 2$ break out. They diluted this puppy and I will not consider re-entering until the stock corrects to 2.00 which is where it would be today if not for short-covering that took it back to 2.65ish. Good company (OGC)...lot's of reserves...but better value elsewhere. 2$ and people would be interested...but not here. SGR dilution very simalar to OGC and has never really recovered. If you wanna wait until they build a new mine or whatever that's your right but you are gonna endure some heartache before that.
GLTA
Bullboard Posts