OGX 0.00% 0.3¢ orinoco gold limited

 Quarterly due out next week - which imo will not be a pleasant...

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     Quarterly due out next week - which imo will not be a pleasant sight


    Projected cash outflows for March qtr will be interesting


    The latest potential JV - has not renewed any market interest as imo one would be vary of Anglo investing more funds when all assets are under mortgage and with an abundance of .001c options and cheap CR shares etc..


    IMO, Anglo may see potential going forward but why on earth would they invest capital with ogx's current balance sheet


    Lets hope that .005c holds today as this is a key threshold price ( and possibly stop losses ) for placement funds and Cartesian debt payment due

    DYOR


    Last edited by Merchant2000: 25/01/19
 
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