OceanaGold Corp T.OGC

Missing DirkStHouse

[rod580sl]

Some new commentators being enjoyed but where is Dirk? Hope all is well.

[stockDirk]

Only reading. very slowly unloading. Dirk

[DirkStHouse]

Have been unloading the major part very slowly that I bought on the didipio permit opportunity. I have 2 accounts here by accident. Who could have known they would give away half the mine to get the permit ? Imagine what profits we would have now without this. What other company in the filipines or in the world pays more than 60% taxes ? I started unloading slowly a year ago. some at good prices

[psych01]

Thanks D. imho OGC is still a good bet. It's pay to play in the P's no doubt, but I think management can still make it work.  Gold should outperform in present chaos which will only get worse and the recession she looms.  Good luck on your strategy.  IMO

[Esther1]

The world iis upside down Dirk.  In all things now.  Believe nothing, only the raw data. Didipio was almost half the net income in 2022 yet........... Accounting taxes for company were only 34 million or 20% of net income and more importantly taxes paid were only 12.6 million or 7.5% of total net income.  I would take that gladly on my taxes. 

[stockDirk]

Thanks for the smart reply. they must be writing off plenty from building the new underground mine then.  looks like I will stop selling for now. Have been selling every month a bit for almost a year now. I still hold plenty. crazy times indeed, Dirk

[Esther1]

Your concern is also my concern, about taxes, but until now, nothing has come of it as prior post.  I will continue to monitor and as long as actual taxes paid stay low, I am cool with whatever about the issue.  I also,, have sold a bit for profit, but that is only prudent.  If gold stays near this price and copper near 4,  and produced ounces and AISC and non AISC capital