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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 Brutus2on Dec 13, 2023 9:46pm
85 Views
Post# 35783597

RE:RE:RE:Even More of a Bargain Today

RE:RE:RE:Even More of a Bargain TodayPsych - the reference to it was easy to get a rough value of what the Q4 results should be based on management info and the fact we are almost there, was not directed at you. 

It was just stating that most shareholders could figure it out, as you had, so that the expected better results are already baked into the current price.  Hence unless they were much better than expected would not impact the poor price much.  

Of course a much higher gold price would, or a much lower AISC would, or a much higherr production would. ( than management forecasts) 

Some tax loss selling is obviously impacting as well ( as should be expected) 

Only way to make a reasonable return on a perrinial dog like this, IMO is to buy near lows 2.00 to 2.25 and sell near highs 2.75 to 3.00 range. ( 33% stakes)   Until it proves otherwise. Worked so far. 
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