OGX is by far the best value gold stock on the ASX. We have higher grade ore than NST and have a more diverse range of mines. Considering the cost cutting and management change we will be on track to see the profit margin skyrocket within the next few months. Invest now, I am kicking myself that I didn't sell my car at 1.9c to buy more of this bargain of a gem.
Re-Organisation of Board and Senior Management.
HERE IS A QUOTE FORM THE RECENT ANNOUNCMENT TO SUBSTANTIATE MY IDEAS:
Cost cutting overhead and operational costs both in Australia and in Brazil
Focus on high grade gold production.
Completion of $1.8m Capital Raise to existing and new sophisticated investors.
Performance Rights to be issued to Directors and Senior Management in lieu of
directors fees and salaries
OGX Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held