OGX 0.00% 0.3¢ orinoco gold limited

Ann: Quarterly Activities Report , page-2

  1. 1,802 Posts.
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    Does not look like they are planing to do any thing with the IOCG at the moment, keeping the cash for the gold that is ALMOST a sure thing. With at least another two years before they can do any serious mining at Cascavel, and only being able to extract 50k a years until then, the acquisition of Sertao from Troy might be a very good thing. Lets hope they can get some gold production going before they need more coin...

    We really need to sell the rest of the short fall shears but unless they can come up with something to push up the sp, then I don't see them selling.
 
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