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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 Ctol80on Sep 15, 2021 8:53am
166 Views
Post# 33860628

RE:Sam's show at Denver

RE:Sam's show at DenverIt's nice to see the OGC share price edge higher but we have more ways to go. I like the momentum behind the name now and it's clear shareholders were looking for a change of the guard. 

@Temple: I respectfully disagree with your views on the Denver presentation. From my perspective it contain a considerable amount of substance. Sam clearly laid out as Tigirs pointed out, the top five priorities of the business. I follow this company closely and have since I became a shareholder in 2015. I don't remember a time when an Oceana executive stopped bs'ing shareholders and laid out a clear and succinct plan forward. I enjoyed watching it. 

I am also surprised you are calling out the time spent on Didipio. This is their best asset and will be pouring out cash flow. It's not currently operating and has already generated more cash flow in the last few weeks that Haile in the last five years. We need to focus on Didipio restart as this is the main driver of the share price over the near term. 

Haile will take some time to fix and unlike a few months ago they now have capable mining people like McMullen and Bensen. They have a new GM and Sullivan appears to be a sound operator. 
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