OGX 0.00% 0.3¢ orinoco gold limited

Substantial Shareholders, page-30

  1. 2,599 Posts.
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    The only conclusion I draw is that most of the mineralised gold zone has turned out to be mainly quartz and put through as low grade development ore -otherwise it would have been put through the mill as high-grade ore.


    This flies in the face of both the June 2016 Quarterly and the May presentation.

    The June Quarterly said that we have three months of production ore ready for stoping.

    Development -June Quarterly.JPG
    So the three months ore for stoping ...did that turn out to be three months worth of quartz?

    Gold samples -June Quarterly.JPG
    Development High Grade -June Quarterly.JPG
    We also see the mention of significant visible gold and panning samples and panel samples.

    Then we have the research note of May 2016:

    Research Note May 2016.JPG

    I confess to being confused.

    What happened to the top 10 underground mines in the world?  Do we have to replace that with being with-in the top 10 100 tonne bulk samples in the world?

    I only see two options at the moment, and neither of them are very palatable.

    SJB
 
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