OGX orinoco gold limited

Target SP, page-53

  1. 2,475 Posts.
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    G'day SJB-Buyer depth ratio at 2 1/2-01 in favour of buyers -12.5 mil traded in 35
    minutes.
    I don't think the term delayed can be utilised as their was never an absolute fixed
    date used as datum point-so nothing can be referred to as delayed.
    There will have been a tonnage objective -through-put targeted objective set
    & any number of variables can come into play pursuing the objective set
    hence what else can the company say to market.
    They can say nothing at all -then the market gets anxious waiting.
    They can have a fixed date & if issues delay tonnage objectives the market gets anxious.
    The fact they have used the word shortly strong implies confidence imo.

    Many other juniors will leave investors hanging on awaited Ann for months !
    Allowing for only having single shift operations & a small MGT team I am actually
    quiet astounded by progress & Ann frequency thus far.
    Current share price is saying all that needs to be said.
    imo-gltah
    salt
 
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Currently unlisted public company.

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