OGX 0.00% 0.3¢ orinoco gold limited

Doubt it's priced in, think about the market cap. The current...

  1. 531 Posts.
    lightbulb Created with Sketch. 146
    Doubt it's priced in, think about the market cap. The current market cap including options is way below the value of the gold we have (minus processing costs). In addition, we already know mineralisation extends well beyond what we have measured at other lodes. Check out the post on the indication of mineralisation. Once we are producing gold steadily, the company can fund further exploration at these sites and extend the life of mine. I know this phrase gets thrown around a lot on HotCopper, but this is seriously a billion dollar company in the making (just don't expect that to happen based on one announcement).
 
watchlist Created with Sketch. Add OGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.