Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Elvis436on Feb 15, 2020 3:44am
172 Views
Post# 30694814

Corona Virus the gamechanger for OGC?

Corona Virus the gamechanger for OGC?The more corrupt regimes are, the more vulnerable they are for pandemic outbreaks. Perhaps Duterte will possibly again blame his people that they didn't sacrifice enough so that the outbreak of the corona virus could happen (as he said to the volcano eruption some times ago), if it happens.

Then the broader people in the Philippines will learn to appreciate hospitals and financial means which OGC could give them - even the Philippines Bishop will. And if the worries and pain gets greater and greater, the people will stand up against the corrupt and suppressing regime of Duterte and fellows. Very likely a pandemic outbreak of the corona virus will make the regime fall, as it may be the case also in China, which will then fail to be the successor of the USA in the Philippines. Today Durerte is exaggerated in self esteem because he thinks he can outplay the superpowers against each other. But this might change.

As a famous poet said, first the food, then the moral.

By the way, there is some evidence that the corona virus has been artificially designed as an offensive strategic weapon in the stage IV virology laboratory which is located in (bad who thinks evil about it) Wuhan. The offensive biological weapon of mass destruction China supposedly wanted to design now hurts themselves first.

The Baltic dry index recently tumbled already heavily as was seen last in the financial crisis of 2008. All these disruptions may have a heavy impact on the whole world's financial system and towards the role of Gold. In the worst case scenario the Philippines government at this time will confiscate the Didipio mine, but I hope they're not capable of running it profitable by themselves, and will need OGC. But the example of Venezuela with the oil industry taken over by the regime, which ruined all of it, points out that the idiocy of corrupt regimes has no limits.
Bullboard Posts