OGX 0.00% 0.3¢ orinoco gold limited

ann: response to asx aware letter, page-83

  1. 8,751 Posts.
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    Hi BelieveandAcheive

    The 'Paris discovery' has some higher grades and thicker intercepts than OGX's discovery but not much interest anymore. That companies Market Cap is less than $40m at the moment. Fully diluted OGX would have 104.7m shares (possibly another 14m after the CR) so at 40c they had a higher Market Cap. Maybe OGX has found something bigger but one assay does not tell us much. I am not sure how you calculated your $2 but the next few days, maybe even weeks should give some good trading opportunities especially if the next 21 assays are similar to the first one. After that who knows ?
 
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Currently unlisted public company.

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