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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 ugggon Oct 29, 2020 11:50pm
141 Views
Post# 31811104

RE:Realistic Expectations

RE:Realistic ExpectationsSo you're here, knocking OGC & pitching SKE. I do like & own SKE but it is another poor comparison with a market cap of $458M whereas OGC has a market cap of 1.17B a little more than twice SKE but with 3 working mines. SKE doesn't have a permit or financing. I do think it is fully valued here but explorers have gone a little crazy lately so I hold.

These are completely different animals & you are here because you see the value in OGC. I don't put you in the same book as yogi/club who is a straight up basher. Mayby you would like to see the price lower & it may go lower but there is huge value right here. Nothing is for sure but bringing a mine online is no easy feat either. NDP, no permit, no financing, no FS but great potential.

OGC, straight up value, turn around play. Penalty box yes. However, as far as the share price not being able move - it moved pretty quick from $1.16 to $4.

Bullboard Posts