Bullboard - Stock Discussion Forum OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

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... see more

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OceanaGold Corp > OGC Price...on sale , or priced correctly?

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Post by yogi33 on Jan 27, 2022 10:09am

OGC Price...on sale , or priced correctly?

Gold price this week was close to 6 month high. Didipio ahead of schedule, and yet this stock sits at a near 12 month low. Why? is it because OGC is 90% drawn down on an increased revolving credit facility? management changes in last 6 months, something rotten in Denmark? So priced right or mis-priced? you tell me?

yogi...

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Comment by DirkStHouse on Jan 27, 2022 10:22am

The good news from didpio and haile was kinda offset with lower production at NZ. with oceana it's always something like that it seems. Yeah I know we can blame it on covid this time. still the higher copper price can't be in this stock price, but then again the new didpio deal is more taxes...... Point me another filip. miner that pays this much taxes.....

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Comment by SIGG1 on Jan 27, 2022 4:05pm

why you ask? Because this is one of the most manipulated stock out there. Huge volume every single trading day. These transactions are not from retail investors but funds playing games with it. These has been going on for several years.

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