OGX 0.00% 0.3¢ orinoco gold limited

will we break 40c - 50c this week ... ???, page-3

  1. 12,893 Posts.
    Here are some numbers:

    1600m x 600m x 15m x 2.7 SG = 38.9mt of ore.

    If the average grade was consistent at around 1,000 g/t ag

    38.8 * 1000g/t Ag / 31.1 g/oz = 1.25B oz Ag

    These calculations show that if the next 21 holes come back with high grade then this will be a huge deposit. It is a big "if" though however shows the potential scale of what we are dealing with here.

    For this reason alone I am happy to have a position in OGX.
 
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