Definitely confirmation of a lot of activity.
From a conservative point of view, if we take the low end in this release with 100t processed per day and at half the 30gr/t grade indicated = roughly 0.5oz/t we would get 50oz/ day x 25 days = 1250 Oz for the month.
At the other end of the guidance if we take the 30gr/t x 200 ton daily mentioned = 200oz daily x 25 = 5000 oz/month.
There is no mention of issues with commissioning therefore May will very likely constitute the turning point.
Much less activity on the stock; great, less speculators and more serious holders. Let the management work in peace. There is no need to harass them: they are self motivated: low salaries and high incentives. Our interests are aligned to theirs.
OGX Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
