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Bullboard - Stock Discussion Forum Carolina Rush Corp PUCCF


Primary Symbol: V.RUSH

Carolina Rush Corporation is a Canada-based junior exploration company focused on exploring the Carolina Terrane in the southeast United States. The Company’s flagship Brewer Gold-Copper Project is located at the Brewer Gold Mine property, which covers approximately 397 hectares (ha) in Chesterfield County, South Carolina, 17 kilometers (km) along the trend from the producing Haile Gold Mine... see more

TSXV:RUSH - Post Discussion

Carolina Rush Corp > Keep an eye on oceana
View:
Post by GoldBrooke on Jan 07, 2021 1:49pm

Keep an eye on oceana

Id be happy with a 50cents/share or more buyout. 
https://money.tmx.com/en/quote/OGC/news/4644877457091424/OceanaGold_Announces_New_250_Million_Revolving_Credit_Facility_With_December_2024_Maturity

""With the previous equity raise, the refinancing of our Facility, and anticipated operating cash flows we are well positioned to continue managing near-term risks while making prudent investments to advance our significant and exciting organic growth pipeline. We remain acutely focused on delivering on our operational and financial plans while continuing to successfully develop our growth projects through to production."

"Looking ahead to 2021 and notwithstanding the ongoing challenges related to COVID-19 in the Carolinas, we are expecting continued operational improvements at Haile with mining of higher-grade zones expected to continue through the first half of the year. We are also planning to commence development of the Haile underground mine in the second half of the year, which we see as a positive catalyst that when in production, provides for an additional source of high-grade ore feed into the processing plant.""

Comment by USCDaniel on Jan 08, 2021 9:57am
Couple of thoughts: Oceanagold has been terribly managed and is one of the worst performing gold mining stocks of the past couple of years.   Last yearm they fired the CEO. They lost a major mine in Phillipines that was about 1/3 of their production and about 1/2 of their profit.  Oceana is hanging on by a thread and continues to reorganize and expand credit facilities to stay ...more  
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