OGX 0.00% 0.3¢ orinoco gold limited

No question that this is not going to affect the project much. A...

  1. 178 Posts.
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    No question that this is not going to affect the project much.

    A big factor in our favour that everyone is missing is that our funds are in Dollars and as the Brazilian currency devalues we can buy more with it.

    Also the value of the gold in the Brazilian currency keeps going up so that will help with any possible wages increases required.

    Whilst it's not a great thing for Brazil and I am not happy for them if they are in a recession does anyone think that the authorities will not be trying to help foreign companies investing in their country creating employment and issue licenses any quicker ?
 
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