OGX 0.00% 0.3¢ orinoco gold limited

4.3 cents and dropping, page-33

  1. 2,475 Posts.
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    I may be selling earlier than I had planned based on gut-feeling.

    G'Day Bond-That a decision is entirely yours -i won't personally inform the market
    that i may sell when i eventually decide for whatever the reason ,
    i would just do it.
    Each to there own though

    Regarding a potential C.R.-as i said imo a C.R with out increased gold sales
    would have very likely already have been announced, just my opinion based on
    cash burn rate, exploration expenditure & funds available at the end of last Quarter
    -taking into account 4-6 weeks between announcement & funds raised to flow
    through.
    Never said a C.R would not be announced, it still could be though imo due to
    the above it becomes less likely from this point in time due to the increased
    likely hood of gold sales revenue has/ is reducing the need unless the reasoning is compelling -in that scenario i would hope the share price is well north of its current
    s/p.
    its ok to have a different opinion Bond-if you feel the need to sell-then sell,
    good luck to ya regardless.
    salt
 
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