OGX 0.00% 0.3¢ orinoco gold limited

Ann: Extension of Voluntary Suspension, page-35

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  1. 761 Posts.
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    The majority of peoples optimism is a concern, its no better than downramping.
    They did announce that the announcement would come out today. Then today they announced it would come out on Monday- they are changing the dates and the goalposts.

    News has somehow leaked to AFR- noone knows how- but that is a concern for me- people keep saying hey no worries relax, its all good.... are naive. I am not trying to sway hot copper opinions, just giving my two cents worth. there is a leak on the ship, someone is leaking to AFR, and the net affect is us shareholders are not getting transparent information- this makes it harder for me to make an investement decision because I am not getting all the facts. Some of here may say relax, dont worry about it, but others would be concerned as to how and why info was leaked to AFR first while shareholders were kept in the dark.
    I am conscious that previous management also kept shareholders in the dark about the performance of the mine and a lot of people (not me on this one) lost a lot of money.

    New management said Cuca results of second samples would be out Mid March, well that time has come and gone. Objectively yes under new management the share price has risena lot. But ther3e is more to being a successful management team then increasing the share price. I am not changing my opinion, I am noticing they are missing their dates, there are delays with announcements and sample results, and I notice a bit of a creep in trending to longer and longer slippages. More and more ASX announcement clairifications. I just hope management are not loosing sight by all this hype in the share price, the rise in their own potential wealth. Its when good things happen, when people get overly excited, where everything seems rosey, where sports teams and companies loose focus, drop the ball, and have a fumble- loose the game, or from a company perspective don't hit the goals they originally aimed for. So I think they need to tighten things up a bit, they are still going well but starting to get a bit sloppy.
 
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