I'm just a sad old long term holder of OGX
I've enjoyed the conversation thats occurred but the recent snitchiness is disappointing
we have been to hell and back and of late I've noticed things getting a bit petty
I'm sure some are here to play a few ego driven games but most of us just want to make some money with our hard earned cash on an informed basis.
just about everything that can be said about this stock has now been said on the information available
we are just waiting for things to unfold as expected....but they may not
I'm increasingly concerned about the repeated reissue of statements by the company
perhaps its the uncertain nature of the nuggety gold and lack of JORC that has raised eyebrows about the validity of predicting monthly gold output possibilities....fair call. time to sober up
5000 oz pm by christmas worried me as i thought that if HM3 and HM4 were running at capacity this would be achieved much sooner . we have 30 to 60 000 ton of tailing at 9gm t so what? even with that we can't get to 5000 ton month sooner than christmas?
suggests that there will be some mine development work needed to deliver enough feed to the mill
perhaps thats why we have stalled at current market cap.
i can't really understand why the company hyped the progress and expectations for HM3
not telling us results after the first 1000 tons is inconsistent with there general recent behaviour
implying its all ok by stating a second shift commenced yesterday isn't good enough for me
under promise and over deliver has been the mantra
the drilling program will take months to deliver results
so the next announcement had better be about HM3 and be bloody good or i think we will be punished
they must know by now
OGX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
