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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 Elvis436on Jul 31, 2024 9:56am
162 Views
Post# 36156038

RE:RE:RE:AISC Yikes

RE:RE:RE:AISC Yikes20 % loss in the premarket for the stock tells you a lot. So Mr. Bond can now start to repurchase OGC-stocks for a discount. To dump the stock in order to make bargain buybacks the strategy may be genious: On purpose reduce the gold production to skyrocket AISC, "invest in waste reduction", get an image as a liar promoting "the first quarter is the weakest, during 2024 the AISC will come down quarter on quarter", and stand there as an idiot not able to profit from so much higher gold prices. If the Gold Price may go to 3000 US-$, be shure OGC screws it up. A similar situation was in 2011 with record gold price and the Company made a loss. The hope dies the last.
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