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Merchant2000

21,725 Posts.

887

14/11/18

13:01

Post #: 36500227
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Originally posted by Arnobay: ↑

The cruel thing about OGX is the massive potential that we have when and if we can sort out recovery. With a market cap of 16 million and the potential is still massive. Don't worry all LTH have taken it without Vaseline and it hurts. But you do some quick numbers and it is still fantastic potential. 112 tons a day average over a year gives us 40,000 tons a year. Throw in Meste at near an ounce per ton. $500 an ounce profit and bingo $20,000,000.00 profit. But we just need a plant that will recover the gold and not send it to current gold stockpile in tailings. This ain't over yet, but the next announcement will be critical for which way we go. I'm sure the rabbits will chew at my post, but I still don't see any other specs with our massive upside potential. Management have done well but expertise will fix it.

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Arnoboy
You say massive potential - seriously 99.9% that have failed at this end have claimed massive potential

We have been hearing about this since prior to 2012 and beyond - of which many have tried

Good luck - the share registry says it all imo and then no JORC

Last edited by Merchant2000: 14/11/18

OGX Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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