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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

Post by psych01on Feb 09, 2021 12:13pm
173 Views
Post# 32513574

Re:Lack of Insider Buying

Re:Lack of Insider BuyingI'll throw in my two cents worth, probably overpriced in some people's minds, but nevertheless; 
        To date, we have a very good indication to the postive for a new FTAA, going by the wording which could be determined as material. But as material as it may be it lacks one vitally important signature, that of Presdient Duterte who under present circumstances has sole authority to give the green light to any mining project that meets environmental regulation standards--which Oceana does. And the land issue has been decided in Oeana's favour.  
         Add up all the positive factors and it would seem to regulators, if insiders began adding significantly or at all, that they were in violation of something, which something I would not know, but others might.     Therefore to me it's a good sign that no insider buying is occurring---because insiders know (pure speculation on my part) that indeed the deal is done for all intents and purposes and that Duterte will grant the FTAA once officials inform him that it is safe to do so given Covid implications.  The fact that B2gold stayed up and running through the pandemic is not so important---they're a money machine up and running with no big issues to resolve.
        
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