OGX 0.00% 0.3¢ orinoco gold limited

Fundamentals remain the same

  1. 396 Posts.
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    Hi all,

    Selling on NO NEWS?... wow... that is a strange investing strategy...

    You don't check the value of your house hourly and then decide whether or not to sell do you?

    Remember that buying shares means that you have purchased part of a company - YOU ARE NOW PART OWNER OF A BUSINESS that will be making money soon.

    This is not a day trade or get rich quick scheme - it is a start-up company. At least wait for some news before you sell the children for science experiments...

    Clearly there must have been delays in the production process - however the FUNDAMENTALS HAVE NOT CHANGED

    1) The gold is there... 9 grams in our tailings/development material!...
    2) the hammermill process is liberating the gold from the ore at 80% plus and 30 grams/tonne AT LEAST.
    3) the small hammermills CAN be upgraded to a larger mill as there is NO DIFFERENCE in the processing mechanism
    4) We have a DIFFERENT management team (and company) now than we did 4 months ago who get PAID IN SHARES

    Time is now ON OUR SIDE - we have $8 million dollars in the bank to get the process right. The only thing that is different is that it may take an extra few weeks/months... SO WHAT?! I can wait a bit longer.

    For the LTH and true believers - hang in there guys, have patience - NOTHING ELSE HAS CHANGED. GLTA.
 
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