OGX 0.00% 0.3¢ orinoco gold limited

CIL anyone ?, page-4

  1. 2,526 Posts.
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    Well thought out Jimone.
    Just 3 more points:
    1.whatever happens with the results,the SP is partly captive to poor market sentiment for gold microcaps. There would have to be spectacular results to break free from this awful drag.
    2.May not be correct here but "back to basics" on the nature of the mineralization- if free milling quartz reef from the mine, then wouldn't expect much more recovery from CIL UNLESS there are oxides/sulphides in the diluting ore that can be extracted by CIL but go thru undected in the gravity circuit despite the extra milling.In other words ,we may be assuming all the gold is in the quartz- there may be gold only recoverable by CIL in the other what was thought to be "rubbish".This may explain some of the disreprency between recovery and lab assays.
    3.It sounds as if the gold bearing ores are different for Serato, sorry Rivers of gold, and again different from the conglomerate areas.The other ares may require different processing yet again.

    All in all, the results are vital for future planning,but in the mean time need to be extracting what we can with whatever we can to cover the debt situation.
    Summary:Great potential, great team,RS market- don't think anyone could do any better given the circumstances that have to be dealt with.
 
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