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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

Comment by Esther1on Dec 17, 2020 2:32pm
171 Views
Post# 32129861

RE:From todays credit facility announcement

RE:From todays credit facility announcementThe question is Haile. The stock would be trading around 3.50 without this question mark.. With the funding for the various projects in place and some positive news on Didipio and New Zealand operations appearing to be as advised that leaves the recent black sheep, Haile. We need 92,479 ounces at AISC of 990 from combined operations to make the lowest guidance given by OGC for full year. I would have bought a lot more of this stock if I had a better feeling for this mine. I am thinking the market suspects that Haile will under deliver again. The concerns that are hampering Haile are understandable but I am sure the market wants to see OGC make at least their minimal forecasts there before driving this stock above 3 absent full green on Didipio. Just my opinion.
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