OGX 0.00% 0.3¢ orinoco gold limited

G'Day all -Bit of a punt here though imo a J.V.-From Anglo will...

  1. 2,475 Posts.
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    G'Day all -Bit of a punt here though imo a J.V.-From Anglo will occur prior to completion of HM installation into Gekko circuit & that will result in capital inflows that will result in a ball mill installation ( What should have occurred 2 yrs ago) -annulling the need for HM'S & this then would logically then allow for tonnage through-put increase with a blend of the intermediate zone & level 7 zone mentioned to be within 10 mts,

    (why do we think it was important to mention this in the ANN yesterday !).


    If it transpires .

    There is reputably 28 Million reported .

    Anglo will negotiate a pay out to CRH.

    So should be enough to

    1) Upgrade Cascavel Plant

    2) Pay out CRH

    3) Kick off exploration activities .


    Still awaiting- SertaoExploration Results & Tinterio Sampling Results both are long Overdue & what of the reported

    Anomaly at Sertao ?


    Yes there are risks though at this price given ANGLO have recently had their guy's on site conducting their own independent assessment ,

    Du Diligence & taking into account Directors loaned $ that are going to be converted at all time lows in the share price to shares then this is enough smoke on the water for me to buy-hence im changing my sentiment to Buy, each to there own though as  could be wrong.

    Lots to play out.

    glth-salt

 
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