OGX 0.00% 0.3¢ orinoco gold limited

Ann: Trading Halt, page-20

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  1. 2,247 Posts.
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    Jimone , Lets hope there is a ramp up of other potential mine tenements with the CR.
    Gold production is the name of the game for us now and with the good chance of cash flow starting ist quarter next year, which in some way derisks this coy, I am hoping that our directors have their eyes on another start up mine in the region which will need capital at least in the short term.
    Small cap mining coys traditionally have always needed capital and it is up to directors to determine how much money is needed and to follow on their plan for the coy wisely.
    Mining is a high cost activity so let's hope we have rightly assessed our directors in the main to be competent to follow a good business model.
 
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