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Also Jim I dont understand why they would be focussing on...

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18/07/18

12:47

Post #: 34419471
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Originally posted by jimone ↑

No one will want to know my thoughts on production as I think people are setting themselves up for disappointment. As I posted before, I think the company has been going after this transition zone as a priority for obvious reasons, however due to circumstances beyond there control, it has taken much longer than planed. In order to do this other areas would have had to suffer, we are not BHP, so I expect a dismal past quarter to be announced. I am not going to put a number on it but it will be low.

However going forward it will be a very different story, this transition zone material will be putting money in the bank very quickly when they get into it IMO. This is an underground mine in the middle of nowhere, nothing will be easy, so just because they have hit the transition zone, it could still take a week or two before it can be extracted as more development will undoubtedly be needed to gain access to the material..

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Also Jim I dont understand why they would be focussing on anything other than the high grade tailings that they reported that are sitting at surface, pre-crushed? Surely that must be the production priority while they develop in the high grade portions or the 'transition zone' of the mine. Surely they have processed this 30,000t of high grade tailings by now? If not, why not?

OGX Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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Also Jim I dont understand why they would be focussing on...

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