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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 stockDirkon Oct 08, 2013 11:54pm
183 Views
Post# 21801712

pacific rim deal

pacific rim dealStrange how the stock tanks on this. The amount off money is not that much. With income from didipio, the position to negotiate with the el salvador government is stronger. ( no risk off going broke while waiting for the permit ) Would be nice to have some silver income in ogc :-) I guess the didipio money wil be going to building a new mine, once they get the permit. On a different note, I almost wrote ir to ask what it would take to strip didipio completly or as much as possible in the tax free period ( 5 years ? ) With all that tax money ( 50% cut ? ) from after the 5 years we could build a new ramp in 2 years ? ) Many things to look forward to now. Would like to see a permit approved to do more mining at didipio. Getting this new deal approved by pacific rim shareholders. Earnings at end off month will tell a lot. ( didipio at full capacity with current equipment ) I asked ir if next year investments at didipio will give gradual production increase or will be only by end 2014. But they didn't reply. It's good to have something to look at besides the sliding stock price :-)
Bullboard Posts