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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 AngelEyes3on Jul 28, 2011 12:43pm
663 Views
Post# 18883583

waterfall run created from nothing

waterfall run created from nothingcash operating margin of $625 per ounce  this is higher than last years 400 dollar operating margin when the shares hit 4 dollars plus. You just have the hedge funds creating an opportunity to have you parted from your shares. They are currently making 625 for every oz of gold mined . Therefore That mean 31 million per year. So there is no reason for this major hit but the hedge funds wanting to cover their shorts at lower prices and or buying to go long at lower prices. This same type of raid has been done over and over again.  I have been adding becasue last week the shares were at 3 dollars and nothing has changed. There is opportunity in chaos....
Bullboard Posts