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0.3¢ orinoco gold limited

A few facts, page-2

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jahn1975

705 Posts.

102

02/03/18

09:25

Post #: 31470817
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Originally posted by 247247 ↑

There is a few facts that seem to be ignored. OGX is on a tight rope re cost and recovery to balance out.
They can not push 25 tonnes a hour through the tables they have at present. If they try then they will loose a lot of gold back into the tailings. The volume of the feed and the water will carry the gold across the table same as a flood carries gold down a river. They will have to spend some time and cash in making some big improvements to the current table as seen in the video. I have sent a email to the management that has not been replied to to date. I think the new management and the staff are doing a good job but they are I hope addressing the table verse volume. Time will tell and it will be sorted. Just no indication that they are at present. I am a ex gold miner from NZ.

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master thank you for explanation ,where do you think the stock will be settling .i missed out ones with oceanagold in south island 10 years ago and i do not wish to missed out again when its rising ,

OGX Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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