OGX 0.00% 0.3¢ orinoco gold limited

ATM, page-69

  1. 12,263 Posts.
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    "IMO, 500t/mth at 16g/t are conservative and realistically achievable in the short-medium term."

    I wonder then why he would have cast the first three numbers in his set of potential deliverable targets? Why bother putting those three numbers up at all? He could have just given a conservative range which he consider realistic and deliverable. (ie 2,500 -5,000 for example). Why throw 1,000, 1,500 and 2,000 into the mix?

    "Yes – for the new team it’s all about production and delivering on our targets. If we don't produce our respective targets whether they be 1,000, 1,500, 2,000 and 5,000 ounces per month"

    It's almost as though he put the 5,000 number in as the aspirational target given the three other numbers range from 1,000 to 2,000oz??

    If 5,000oz was conservative and realistic would you really have couched it in the way he did? After all he would have had time to think about how he answered those questions. I doubt the questions just came out of the blue. Esh
 
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