OGX 0.00% 0.3¢ orinoco gold limited

Ann: Update on Hammer Mill 3 Commissioning, page-69

  1. 6,308 Posts.
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    I'm flabbergasted that there would have been expectations of bonanza type grades in this HM3 commissioning phase when the company clearly stated they would commission using the low grade stockpiles and tailings. Quite right too, why would you commission using high grade ore when there is always going to be teething issues and uncertainties regarding recoveries. Just a waste of good ore. So I see absolutely nothing of concern in todays announcements and in fact, quite the opposite, in that they are achieving very good recoveries from the low grade stuff. Now focussing on ironing out any remaining bugs. Certainly has been (is) top up time today.
 
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