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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 Weebleon Apr 11, 2016 1:46am
83 Views
Post# 24750721

RE:For Weeble: Nevada

RE:For Weeble: NevadaI am aware of Diane Garrett's background.   She is not the only member of the board or management with experience in Nevada.   I agree with you that there may have been more upside if Romarco had stayed on their own.    If you read my posts back then, you will know I had mixed feeling about the deal.  I felt that with Romarco on their own may have been better but there also would have been more risk.    I don't think you can blame Diane Garrett for the stock price.  Almost all gold stocks were hammered over the last 3 years and she managed to get financing when almost none was available.   I didn't like the dilution any more than anybody else but without it, we would have been dead in the water.

Rather than think of what could have been or should have been, I prefer to count my blessings.  I am really glad that Romarco was bought out by a company like Oceanagold.   There are a lot of real dogs out there and if Romarco was bought out by one of them, I would have run for the hills.  Instead I held on when some of the analysts said to sell and I have been rewarded.  Like somebody else recently said, Oceana seems to be doing everything right and I am looking forward to the Haile mine coming online. 
Bullboard Posts