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0.3¢ orinoco gold limited

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blackscarib

702 Posts.

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07/03/18

18:56

Post #: 31599919
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Originally posted by Brummie52 ↑

Orinoco Gold Limited (ASX:”OGX”) (“Orinoco” or the “Company”) has recently emerged as one of the most
exciting junior gold producers and explorers on the ASX, in Empire Capital Partners (“Empire” or “ECP”)
view. OGX is an ASX-listed, Brazilian gold company that is focused on mining the Cascavel gold mine
(Cascavel) as well as unlocking the potential of its Faina Goldfields Project (Faina Project) located in the
central Brazilian State of Goiás. The Company presents a unique and rare proposition due to the size and
number of its tenements as well as the high grade of its resource. Orinoco is ramping up production at
Cascavel on what we believe could be one of the highest-grade gold deposits in the world with what has
been described as possessing a ‘truly unique geology’. The management realizes they have something very
special and strongly thinks the Faina Project possesses the potential to have multiple world glass deposits,
one of which being the highly prospective Antena target. This belief appears to be also held by Brazil’s
largest gold producer, AngloGold Ashanti (ASX:AGG, “Anglogold”), who purchased an effective 19.6%
(including options) holding in the company’s share register last year. The project has been referred to as a
‘journey of discovery’ by the new board and management as they move to turn 2 years of
underperformance into the very real success story that Empire believes OGX is.

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Empire Capital Partners

Empire Capital Partners

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #
ASIC advises this company could be involved in a scam. Do not deal with this business as it is unlicensed in Australia.
The business listed below has made unsolicited calls or sent emails about investing, financial advice, credit or loans and does not hold a current Australian Financial Services (AFS) licence or an Australian Credit licence from ASIC.

More information on dealing with investment scams and banking and credit card scams.

Be careful what we read
Just found on ASIC website when i googled the company
OGX Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

2 Great analysis

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