Where is my next Disallowed?, page-16

  1. 2,741 Posts.
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    everyone should look at OGX, a turnaround story just began in late December last year when the new management team took over. Since then price claimed from 2c to above 8c as at last Friday. Why OGX? 1. Tailings (free dig gold) is about 40kt as @ 9g/t. This is due to the last mgt team have no idea of processing which turn the mine have 20 plus g/t into 2-3g/t. As a result, we have a lot of tailing sitting at the back yard for re-processing for "free gold" 2. MC is only around 60s m with the gold mine which potentially produce 30-40k oz with cost only around 500-600AUD/oz. There is almost none of Aus gold producer give us this low cost. 3. latest assay result return bonanza gold average rate @ ~40g/t. 4. 50 other tenements that untouched which Anglo gold has MOU in exploration. they also held 18% OGX. 5. the management team is accept share-based payment, which make us confident that they are in our team. So, if turnaround story is successful, the MC should be 500m plus which give us potential 10bags from here
 
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