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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 DirkStHouseon Feb 21, 2020 5:51am
137 Views
Post# 30716382

RE:RE:conf call

RE:RE:conf call
I got further info after I sent a thank you e-mail back. It talks mostly about how they used proceeds from didipio to buy more gold miners and build those mines up. The most important part is about WKP which I will paste here :

"We’ve also discovered WKP, announced an initial resource of 635koz with very high grades and are advancing this opportunity as quickly as possible. You may have heard us describing this prospect as a “game-changer” because we truly believe it is. Our exploration manager at Waihi has been in the Coromandel for 40 years and often tells me that WKP is the best discovery he’s ever made and he’s made a number of discoveries in the region including the large deposits that Newmont mined.  He’s not an arm waiver. What’s Waihi worth? 
As you can see, the business is bigger than just one asset and we are advancing these opportunities, which are in our control while working to get Didipio back up and running."

I am pretty sure they read this board. It seems the time to buy more, but I have no dry powder :-(
Bullboard Posts