Mining, page-13

i actually thought the inability to do a jorc resource was screwy til i asked a mate who is a geo and he confirmed that really coarse, high grade narrow vein material gets so underreported using a JORC approach that it made sense not to do a resource.

generally companies have to do a resource to get finance for mine equipment - but because OGX is bootstrapping its way into cashflow it doesnt have that issue.

its a very old school approach - but generally I find those are the companies run by people who know the value of a dollar