Switching topics...any thoughts on what the takeover of Beadell Resources by Great Panther Silver means for OGX?
It won't take much to buy out OGX. A potential buyers needs to put in only a few million dollars in the plant and underground equipment to get the metallurgy right and scale up the underground mining. The gold in the tailings makes it even cheaper. It is an easy corporate decision for a company with a few tens of millions of dollars to buy OGX out. They get an option value in Sertao and the rest for free.
OGX Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
