WTF?, page-26

Fangk

No. But I think there should be some details put out by OGC on Haile.

Waihi will be a work in progress, and probably would not be funded before they have bedded down Haile at its higher output level - need to prove up a suitable gold reserve first at Waihi, some of which involves an underground mine that is expensive and takes time to develop. There is also the issue of environmental approvals in NZ under a Labor govt (but I expect that once a National Party gets back into office it would give approval to the project, if the ALP did not). If they have hopes to produce 200k + pa then the plant may also need to be upgraded.

You can listen to the CEO's presentation at the Denver Gold Forum - lots of hopium there (a bit like RSG)

http://www.denvergold.org/company-webcast/dgf19/93/

Interestingly after the release of the quarterly report the analyst valuations of OGC were still quite high (I only have some of the highlights on my Etrade website)
OceanaGold Corporation Price Target Is Maintained at C$5.00/Share by Raymond James

OceanaGold Target Cut to A$4.15/Share Vs A$4.30 by UBS

OceanaGold Target Price Cut 5% to A$4.75/Share by Credit Suisse

On 18 Nov there was a revised figure from NAB
Oceanagold Corp Price Target Cut to C$4.50/Share From C$5.00 by National Bank

I have no idea where the share is heading in the ST, but there is definite weakness across the goldies, which in part could be due to tax loss selling, and/or fear of a lower USD POG.

loki