OGX
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0.00% 0.3¢ orinoco gold limited

Ann: CIL Tests confirm outstanding results for tailings & Mestre, page-11

  1. WhatsUpGold
    1,242 Posts.
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    31/10/18
    10:22
    Post #: 36327972

    Done some maths...even with the "hope" that the changes to the STILL failing Gekko plant will produce a higher (but not as high as CIL obviously) recovery of the 6.x gpt tailings... it still doesn't work out enough to be cash flow positive. How are they going to afford a CIL  at rivers of [no]gold?


    Sold 1/2 my holdings today for a 67% loss. Not confident this has a future but will keep the rest  for now in the hope they can figure it out.

    OGX Price at posting: 2.2¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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