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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 yogi33on Oct 16, 2020 3:30pm
92 Views
Post# 31729999

RE:RE:RE:RE:RE:RE:RE:RE:re-testing $2

RE:RE:RE:RE:RE:RE:RE:RE:re-testing $2

Look, FTAA expired in June 2019. OGC continued to operate and mine Didipio on an expired contract through to Oct 2019. They effectively operated without a permit from June to October. They took a calculsted risk, and are losing badly. They ran the operations for 4 months incurring costs, not sure if they got any of that ore out, and all their machinery et all are now behind locked doors. 

Someone posted about selling the asset...what asset is there to buy? An expired lease with locked doors ?   Like I said, OGC playing with a pair of 2s. Wondering if the equipment leasing companies are going after OGC for their machinery back?  


No wonder Mick is gone

Bullboard Posts