yes, I agree ...a bit of waiting over there -but it will have its day in the sun.
OGX is at an exciting stage because the grade will help determine costs, income and resource size (stating the obvious I guess) ...and I have a good feeling about the result -Mark P's presentation at RRS was impressive.
It would seem that a head grade of 15 grams/tonne seems a possibility and means a huge amount of gold although its hard to calculate exactly how much profit/EV this translates to with so many unknowns (already had to throw out my cheap calculator -thought it was broken).
First gold pour at least confirms that all of the processing plant is operating and although the low grade material used doesn't provide grade, it at least appears to have given the market some confidence this afternoon.
Anyway ...I guess we shall see over the next few weeks as the market tells us how much the first stage of OGX development is worth.
Good luck to us all.
Cheers,
SJB
OGX Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
