OGX 0.00% 0.3¢ orinoco gold limited

Will Anglo Gold Sign a J.V., page-147

  1. 2,475 Posts.
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    G'Day G.S-Some fair comments given historical events, though i would think key emphasis regarding the prioritising of advanced exploration targets drilling programs & implementation timing would have been a be priority during negotiating discussions-hence 7 Mil USD is a good budget given its not or is very unlikely to be used on wildcard drilling, should last a couple of years with good targeted exploration that could generate & see some good results flow through early in the J.V. period plenty of risk to take on though could also surprise to the upside as well.
    This company is price as an explorer with a mine that until confirmed otherwise is a liability thrown in, feel their is plenty of potential capital sitting on the sidelines watching & awaiting should milestone achievements be made .
    Lots of future directional defining Ann are likely to flow through in the near term.
    time will tell .
    All the best G.S.-glth

    salt

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