OAU 0.00% 0.7¢ ora gold limited

High nugget orebody risks, page-9

  1. 10,075 Posts.
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    The Great Fingal Mine is a historical mine circa turn of century only mining in the last 50 years has been tailings.
    All reports by OAU to date have positive indications that gold from this ore is extractable? What reports? The metallurgy hasn't even been done on the gold yet. But the important thing is not whether the gold is extractable but whether it is profitable to extract the gold? I doubt it based on the high cost of nuggety deposits.
    imo this is a pump and dump and high risk takers may make money but only if they sell before the dump.

    My opinion
 
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