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

Bullboard Posts

Comment by VerifiedUser_303918on Jul 31, 2015 1:49pm

163 Views

Post# 23980709

RE:RE:What is going on

It's simply an adjustment between OGC and R SP

R at 0.51
OGC at 2.25
Exchange ratio of 0.241

This will balance out in the next few days, either R will go up and/or OGC will go down to close the gap on this ratio.

If R stays at 0.51, you can expect OGC to go as low as 2.11
I mean, why buy OGC at 2.25 when you can get it at 2.11 through R?

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