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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 drakemalon Feb 01, 2022 7:29pm
167 Views
Post# 34387424

RE:Re:Looks like we losr sam

RE:Re:Looks like we losr samThis news is unfortunate. This is a big loss for shareholders as Sam appeared to be the only one at this company who cared about shareholders. I spoke to a few institutional investors who echo this sentiment and they too are disappoint yet not surprised with this news. One shareholder suggested that Sam was left hung out to dry the last few years and its no wonder he is leaving to take the top job at another mining company. 

To answer psychs question. I do not believe Sam would abandon ship considering he has not the last couple of years. I will point out the elephant in the room that while the board has mostly changed and Mr Holmes was relieved of his duties the other executives remain employed. Herein lies the issue with this stock and IMHO likely why Sam is on his way out. I will follow him to Matador.
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