OGX 0.00% 0.3¢ orinoco gold limited

Ann: Maiden High-Grade JORC 2012 Mineral Resource at Cascavel, page-24

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  1. 1,802 Posts.
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    I hate to be the voice of pessimism SJB, but I think production to date will be well below 1 million dollars, well under 500k IMHO. The reason I am thinking this is firstly, no updates, secondly, in the JORC announcement they made reference as to how difficult it is for there geo's to pin down the gold, and thirdly, in the same announcement they said “proposed drift and slash mining method “ so in my mind they have not done much mining of the high grade areas as of yet, so they have most likely been running the same material as last year, waste. So the update next week might have a positive out look, but not much else,, I hope that I am wrong for all our sake's....
 
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