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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 May 08, 2021 9:32am
154 Views
Post# 33159452

Re:Price target 8,50 CAD with Didipio and higher POG until 2

Re:Price target 8,50 CAD with Didipio and higher POG until 2Elvis--we have to keep in mind that the man in Europe is pumping Oceana---he does infomercials and he's pretty good at it; all that's missing is 'wait, there's more!, you can double your order yada yada'.  And he would be correct, we will double our order without so much as sending another penny.  I too recall predicting $5 or more not so long ago, for which I was berated, picking it out of thin air I think the phrase used.  Not out of thin air at all--Oceana has depth, is a producer priced like an explorer even with this nice increase, and as time passes and things inevitably improve for junior and intermediate golds in general, we will be just fine.  Depending on POG Monday, we'll see if things go forward or retreat from the exhuberance.  Didipio is all but a sure thing, 100% can't be used until Duterte signs---99% will have to suffice for now.  IMO
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