OGX 0.00% 0.3¢ orinoco gold limited

0.3- 0.8 g/t au avg is my estimate for X resources

  1. 1,339 Posts.
    lightbulb Created with Sketch. 273
    I am estimating 0.3-0.8 g/t average gold recovery for Cascavel & it's tenements.

    Not sure who will be mining it by then (Xxxxxx Resources?).

    I think there are many shareholders who believe there will be 9 g/t + avg recovered.
    imo, you can expect panel samples etc to be in that range, but not large scale mining by any means.

    I base my estimate on numerous variables including- Dilution.

    Its not what the fantasisers want to hear because it's a realistic figure for large scale mining & it means that Cascavel & it's tenements were never actually special.

    If anyone has proof to back up average grades anything higher than my estimate (for large scale processing of ore) then I would like to see that.

    P.S. I'm not down-ramping & I don't want the company to fail,

    This is just my opinion.

    Is Cascavel economical?

    I think in time, you will find my estimate to be quite accurate.



 
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