OGD ASX Ann today-- there have been a few professional tipsters...

OGD ASX Ann today
-- there have been a few professional tipsters selecting OGD for 2007
-- not much response to the SP today following this news!
-- I hold

OGD 10:39 AM Announces Dry Commissioning of its Reefton Gold Project
http://www.asx.com.au/asx/statistic...?idsID=00682595

2 January 2007
OCEANAGOLD ANNOUNCES DRY COMMISSIONING
OF ITS REEFTON GOLD PROJECT
OceanaGold today announced that dry-commissioning of the Globe Progress process plant at the Reefton Gold Project on the South Island of New Zealand started during the last week of December 2006. Dry-commissioning of the 1 million tonne per annum (Mtpa) process plant commenced with the mills and is proceeding into wet-commissioning through mid-February 2007.

Mining has been active since July of 2006 and 21,300 tonnes of ore are currently stockpiled for processing through the crushing, grinding and flotation plant. First concentrate is expected to be shipped in mid-February 2007 and the processing plant is scheduled to be in full production by the end of First Quarter 2007. OceanaGold is forecasting 60,000 to 65,000 ounces of gold production from Reefton during 2007.

“This is the first new mine that OceanaGold has built and the commissioning of Reefton is proceeding to our expectation and representation. Mining is on target and recruitment of professional staff is complete. As such, we believe that we can achieve a full year of production from this operation.” CEO, Stephen Orr commented.