OGX
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0.00% 0.3¢ orinoco gold limited

ImoThey would have to hit many production milestones very...

  1. Merchant2000
    20,736 Posts.
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    10/11/18
    07:40
    Post #: 36455929

    Imo

    They would have to hit many production milestones very quickly to cover just  the gold debt of $3.5m plus between now and Feb 2019 plus other costs etc

    The CN alone can add hundreds of millions of shares to the registry at these prices 

    At 1.5c  $2m draw down  can add 133m shares alone 

    imo

    Reserach the latest quarterly and annual report 

    Last edited by Merchant2000: 10/11/18
    OGX Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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