Positives;
1. Huge vote in confidence in management by investors; sp turn around and importantly they have found gold and worked out a way to get it.
2. Very high gold grades for the underground.
3. Management smarts of back to basics which is low cost mining techniques vs throw more money at a problem
4. Alignment of mine success fmto management's salary... trying to get a sales guy to sell something he is not comped on... good luck to that, so everyone working with singular focus
5. Good weather this time of year less chance of bad weather
6. Large tenements with proven large deposits all around.
7. Visibility to big players like Anglo support a push to take over and higher sp.
With Anglo nearly 20 percent ownership.
8. Rising gold price and depreciating Brazil currency for great mkt conditions
9. Rising middle class in China and India pushing future demand for gold, in addition to generate instability in mkts globally
10. Mine has sorted out some production teething and March to be first month of decent production, expecting good things
That'll do
OGX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
