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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 Sweetwater1on Apr 24, 2022 1:39pm
359 Views
Post# 34627385

Re: buying opportunity

Re: buying opportunity When the fed raises rates in may and gold drops $100 it will be our last significant buying opportunity before the gold bull becomes authenticated.  Central banks are posturing right now but they know darn well that their own balance sheets cannot withstand rate increases that they are proposing to curb raising prices in the everyday real world. Let's not forget inflation is an increase in the money supply. Raising prices of goods and services are a consequence of that inflation. cPI has gone to 40 year highs of 7-8-9 %. But inflation (increase in the world wide fiat currency) has gone up 100's of % in the last 20 yeara. 
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