OGX orinoco gold limited

announcment, page-46

  1. V8
    10,916 Posts.
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    This is such an odd ann

    Actually just noted that we dont know they have not found any silver in the apparent barren hole!!!

    First this

    Review and XRF analysis of drill core from the 22 holes

    Then the bad news

    The initial high-grade assay came from a hole drilled within one of these corridors. However, the second
    hole was drilled in the barren rock between two of these corridors and hence contained no significant mineralisation.

    But then this:

    Orinoco has been using a hand-held XRF1 to aid its understanding of the component metals of the
    existing drill core. While precious metals such as silver (and gold) are not reliably detected by the handheld
    XRF currently being used by Orinoco,


    Why did they ann anything, they dont actually know there is no silver there?

    So odd, like an anti ann or something, first a discovery price spike from rock that was initially identified as barren then a cheap cap raise, followed by an analysis report saying the rock is barrenfrom a tool that wont detect what your looking for saying the rock is barren!

    Is this odd to anyone else or am I going mad.

    Think I might just wait for the actual assay results myself. Perhaps a very good day to be buying.

    Rofl

    Just had a cartoon picture pop into my head of management standing in front of a giant silver elephant muttering go away nothing to see here, well maybe just a little something.





 
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