OGX 0.00% 0.3¢ orinoco gold limited

Lessons from Troy, page-6

  1. 2,599 Posts.
    lightbulb Created with Sketch. 1713
    I appreciate your comments everyone.

    I've snapped out of it myself now and feeling better. I confess to becoming a little obsessed with a line of thought until I get it fully researched.

    In this case, ...what started me off was that I had seen references to near pit mining extensions a few times, and I was hoping to find actual drill data, but ended up being taken in the direction of the exploration targets.

    I decided to read the Troy media releases in order to find Sertao info (from Jan 2002 to the 2007 Annual report). What happens is that a dialogue unfolds, and you start to see the story being told.

    In the last 15 months (Nov 2005 to Feb 2007) 40,000m of anomaly drilling was completed. The last quarterly reported the 2m @ 211.92 g/t (Digo Digo) before they moved the plant.

    I don't want to give anyone false hope, but it looks to me like there are worse places in the world to be looking for gold ore feed.

    Its a stressful time for all holders and won't be doing our health any favours and I hope we can all find some peace and tranquillity amongst the stress. It's all in our minds I guess.

    I also support the options extension in some form -as I don't hold options I considered that I should stay out of it a bit, ...but I think it's the right thing to do. After suggesting same on HC re: GBZ, the company adopted almost exactly the same plan as I had suggested. GBZOA became GBZO (2 for 1) with the payment of .5c / share, extended with a lower strike price. Some one might like to look it up.

    On a personal, note I also want to give MP some encouragement. I'm sure he feels like he has the world against him at the moment ...and he hasn't thrown in the towel which would be the easy option for us all I suppose.

    I have another project to work on ...which is completely left field, yet it may have some implications for OGX. Will report back after I have made some progress.

    Cheers,

    SJB

    @HappyCats Can see you are correct in principle about reducing unnecessary risk. In the case of Sertao, it seems to be a special case and actually won government recognition for their innovative approach in solving the issue of environmental protection and also for continuous monitoring. Moving on
 
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.