OGX 0.00% 0.3¢ orinoco gold limited

Ann: Cascavel Mine commissioning update-OGX.AX, page-10

  1. 4,115 Posts.
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    i take for granted this is going to be re rated about 3 more times in the next 18 months


    what im interested in is the next phase of this companies development
    at the moment were a one hit wonder as good as it might be
    nothing wrong with monogomy but i prefer for them to have a few extra beauties on the side just in case

    clearly cuca is the next cab off the rank

    how long? a year?


    they stated last year that they had a separate exploration team so as to accelerate those activities in parallel

    so where is the news on that?
    shallow drilling of espanola was mentioned in the last quaterly,but nothing on tintero
    last mention of drilling at sertao was jan report


    i reckon the customs stuff up has severely dented their predicted cash flow and plans

    we wont have a decent assessment of grade and cash generated until the last quater of this year at least

    its going to be next year before the other projects can be even start be funded for exploration (after options expiry in Nov)

    so i cant retire until it hits 2 bucks which at this rate is going to be 2018

    ok
    just dont sell guys
    accumulate with all spare cash and watch your wealth grow

    ramble ramblr
 
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Currently unlisted public company.

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