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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 Aurum1983on Oct 29, 2020 8:46am
120 Views
Post# 31802061

RE:the sky didn't fall

RE:the sky didn't fallessentially we are down 55% for a bad year with 20-25% drop in production, but a blue sky ahead in 2021. It is unforunate for existing shareholder that management issue new shares at a bad time but it strengthens the balance sheet considerably. All this and more has been accounted for. I think those selling out are incredibly short sighted. Honestly what worse scenario do you see in the next few quarters that would justify a further drop in share price?

Trump is going to stay until at lesat Jan 2021 so there will be no shut downs and likely a vaccine by Dec.
Bullboard Posts