As I predicted, good news travels fast and no news = FAILURE.
If a great result for production had happened they would have announced about now and then done the CR - that's the only logical way to do it.
They have not made such an announcement which means they still can't produce gold and need whatever investment is required to start PHASE 3 of this company trying to produce gold from the "rivers of gold", "bonanza grades", "intermediate zone"......the reality may just be that Cascavel is only suitable for artisinal mining where methods can change as the mine is mined.
OGX Price at posting:
1.5¢ Sentiment: Sell Disclosure: Held
