Australia's largest stock trading and investment forum Australia's #1 stock forum

OGX

Click for more information

0.00%

0.3¢ orinoco gold limited

Very good post. The question I would have is can they push the...

First 82 Last

Share
Profile

Follow
247247

559 Posts.

8

22/02/18

12:54

Post #: 31256131
Share

Originally posted by Onspeed ↑

Hi All,

Thought I would try to consolidate some of the more pertinent information on OGX, lists of positives and risks as well as my personal opinion on why I think Orinoco is an attractive stock to hold. I have a day job so am just doing chapters each night

EXECUTIVE DIRECTORS AND MANAGEMENT

Jeremy Gray (Managing Director): 23 years in mining. Ex Credit Suisse Melbourne, Morgan Stanley London and Credit Suisse London positioned in mining research and equity teams. Various board appointments as well as positions in merchant banking. Of note he was positioned as Global Head of Basic Materials Equity Research for Standard Chartered PLC. Contributed a number of articles for outlets such as Financial Times.

http://orinocogold.com/company-profile/directors-management/140-jeremy-gray

Joseph Pinto (Chairman): Major OGX Shareholder (Approximately 10%). Practicing Solicitor and Barrister of Supreme Court of NSW. Admitted as a Solicitor of the High Court of Australia. Non-Exec at Tyranna Resources.

http://orinocogold.com/company-profile/directors-management/139-mr-joseph-pinto

Richard Crew (Chief Operating Officer. Site based): Experienced in Open pit and Underground mining in Brazil with knowledge built over 30 years. Ex Consultant General Manager for Sao Bento Group who operate 100,000oz/pa Gold mines. BFS management and Process Plant Construction Management Experience. Various Leading Management and Executive positions in multiple Gold Mining Groups.

http://orinocogold.com/company-profile/management/132-richard-crew

PROJECTS

Faina Goldfields Project Overview: The Faina Project lies in the Central Brazilian state of Goias. A number of Major Mining Groups operate mines in the northern Greenstone Belt with total production to date of +5.7 million oz of gold. AngloGold operate the Crixas Mine while Yamana Gold operate the Pilar mine. Orinoco controls the majority of the large southern sector named the Southern Greenstone Belt. Orinocos Project consists of 200km2 of tenements including the Cascavel Gold Mine and highly speculative gold exploration areas Sertao, Antena/Xupe, Eliseo, Espanola and Tinteiro

View attachment 958135

View attachment 958129

To be continued..

GL
OS

Expand

Very good post. The question I would have is can they push the 25 tonnes a hour over the small tables with out loosing gold. I think not. There are some good people on the ground now though and I guess we will see results very soon. I think from my experience they will have to put in a large catching table or tables which will take a bit of time. If they do not then we will see lower grades initially until that problem is rectified. That's my take on the current events as at the 22nd Feb.

OGX Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 236 more messages in this thread...

First 82 Last

Add OGX (ASX) to my watchlist

SPONSORED BY