Oh, I dunno. There is over a million ozs in the reef pipe GDR found, but it is at very steep angles in a pipe a km dep so far and about 100m across. They couldnt work out how to get it out without bulk mining. Its an interesting puzzle but you can solve alot of moning problems if there is a billion dollars worth sitting in a pipe like that So far on Cohens they have not got the assays back yet but the geological structure that hsts Cohens is located. In areas like this in bonanza country its a bit hit and miss, as they know and tell us. There are a lot of shafts from the old days alredy into the previously mined areas, and horizontal ones to surface, too, as this is very steep country. For a small exporer this is a good plus. Another big plus is the terrific and chaep ger that Gekko has developed. MCO is getting a 80,000 tpa gravity plant made delivered and installed in short oreder for about $2.5 mill. brand new and running. Most Oz miners are cringers and wont buy our own technology, but its woldbeating. They have sold over 400 so far but the locals kep going broke on the old imported clunkers. Look at HEG and the investment they have in plant for the production level they are getting. Sure gold explorers are very risky but these guys are playing with loaded dice. At this price Im tempted to pick up afew more. An announcement of a hit should see then up neat 8 cents in a few hours. If the mangement are up to the game, once the gold is there and mineable this thing could get up and run even faster than MCO, and that is OK,
ORN Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
