OGX 0.00% 0.3¢ orinoco gold limited

scoping study

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    Was not sure exactly what a scoping study was use for and with a quick search I found this ..

    "The key differences between a scoping study and a feasibility study have to do with:

    stage of the project -- scoping study is limited to early stage projects

    usage of inferred resources -- a scoping study, with strict disclosure requirements, may use inferred resources. A feasibility study would be restricted to Proven and Probable reserves plus Measured and Indicated resources."

    As we will probably not be able to get a proven or probable reserve figure due to the nature of the gold then the scoping study should give us an idea of what we actually have. Got to wonder if the market will accept this? The decline was to start this quarter however they have decided to make a change to the decline after receiving the bulk sample results and need to have new engineering planes done. The decline will go ahead asap and an announcement will be made about when in the coming weeks... Looking good ,,, .
 
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