OGX 0.00% 0.3¢ orinoco gold limited

Batboy imo you simply can't see reality at this end of the ASX...

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  1. 21,661 Posts.
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    Batboy imo you simply can't see reality at this end of the ASX

    Many or a select few will always make money with cash burning specs - but will retail investors rarely do imo

    IMO

    Please do your calculations on this elusive 1000 ounces per month figure after AISC and running costs ???

    Remember 1000 ounces per month is a 900% increase from current figures

    What valuation or market cap would you expect if this elusive figure eventuated - remember share registry could soon have over 4 billion shares if a CR takes place at .2c or thereabouts IMO

    Cautious approach imo is wise like SJB has now taken

    DYOR

 
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