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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 Aurum1983on Dec 29, 2020 12:07pm
186 Views
Post# 32191657

RE:Re:new support and resistance

RE:Re:new support and resistanceI think a double is being very conservative. OGC is literally the one of the cheapest mid-tiers in the trading universe no matter what known method of valuation you use. Most of its peers have supports well above 200MA. If you wait for didipio to be a done deal, and report of significant FCF in 2021...etc then you are too late. Heck you might as well just buy the funds.

For those who kept attacking me back in October 2020 when I bought OGC and came on this board...all I'm saying is I've been nailing the charts and calling it since. I saw the writings on the wall then. I can understand if you doubted me then. But the case for OGC is much stronger now. You'd be a fool to not see where this is going.
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