OceanaGold’s Epic Fundamentals
A buy for Oceana Gold by Adam Hamilton.
” The bottom line is OceanaGold is a gem among gold miners with truly epic fundamentals. Thanks to its amazing young mine in the Philippines, OceanaGold’s all-in sustaining costs are among the lowest in the industry. They enable it to generate large operating cash flows which have been prudently used to expand operations. Thus OceanaGold has been able to grow recently while few other gold miners could.
Its major new mine purchased last year is coming online next year and should really boost production. Combine all this with a reasonable valuation, incredible stock performance in recent years totally defying sector weakness, and truly extreme upside leverage to gold, and it’s hard to beat OceanaGold. This amazing mid-tier gold miner is destined to eventually become a market darling among American investors. ”
http://www.321gold.com/editorials/hamilton/hamilton022616.html
Amazing that Oceana is down only 3.32% over the last 5 years when most of the juniors are down over 90%…the company is up 41% in the last 3 months
yes. This one I will be adding more. They bot my old company Romarco (R.V) not longer listed.
This is the king of company evaluation report I like in this PM bull market.
Fundamental matters and time your entry with chart TA.
looking for pull back to add.
I agree Bikoo, Oceana does a lot very right
http://goldtadise.com/?p=359000