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sirjohnnyboy

2,599 Posts.

1713

21/12/17

21:29

Post #: 29815694
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Originally posted by sirjohnnyboy ↑

Cheers alemond ...if you had lost as much money as many of us have on OGX -you would know all about the free gold.

I see you have done some further research on our gold type ...if you go back in more depth, you will find that even the geo’s have told us that a small percentage of our gold can only be liberated using cyanide treatment.

The issue at had is that no one has been able to explain where the gold is, whether it has been tied up in tailings, and how it might be liberated and concentrated.

We now have the theory (and initial results) indicating that a hammer mill might provide part of the answer, but to some of us this looks a bit like smoke and mirrors and an illusion of some sort.

It’s a bit hard to understand how a different crushing method could result in beneficiation that suddenly makes available an extra 10 g/t of gold (for example).

I understand that it’s a perplexing issue and there is no rule-book, but perhaps cyanide treatment is needed.

As you may see from today’s announcements, we continue to raise funds at a level that is far below the rate that should represent fair valuation for a underground gold producer that is supposedly in the top 10 by grade in the world (it certainly hasn’t been yet).

Now that the sophisticated investors have had another opportunity to load up (with an attaching free (2 for 1) 3 cent option), the good results will start to finally come to fruition.

If you sense my growing frustration and anger with corporate manipulation of OGX, you would be accurate.

I wasn’t being critical of you my friend -quite the opposite. I support your call for caution and look forward to any observations you have.

Cheers,

SJB

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I meant to qualify this statement with “perhaps”:

“Now that the sophisticated investors have had another opportunity to load up (with an attaching free (2 for 1) 3 cent option), the good results will start to finally come to fruition.”

Definitely a two-speed level of disclosure going on. Maybe that’s also part of the ASX listing waiver

SJB

OGX Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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