OGX 0.00% 0.3¢ orinoco gold limited

Ann: High Grade Panel Samples at Cascavel's Mestre Level 6, page-65

  1. 565 Posts.
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    9Q, your downramping is more subtle that T man's, but it is downramping nonetheless. Please provide some data / reasoning for your statement that support is likely sub 4c.

    Mestre grades are significant, they are soon to be mined and generate cash flows, too early to tell how much. In my view on this basis share price is more likely to rise than fall in the short term on that basis.

    Of course, no production news will lead to a slowly depreciating share price.

    Agree that Exploration news is likely not to have too much impact. We need production news, samples run through CIL results and mestre L6 results - all are related to near term production.

    GLTAL Cheers, Unc
 
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