Starting High Grade Ore Processing, page-49

Hey KirbieCat ...I thought OGX was that very good opportunity!

I will hold at least until we get news -and I expect the news will be good as opposed to bad ...because if it was going to be bad it would go against all of the indications expressed by the company previously and this would be too bizzare IMHO.

It's pretty clear to me that the company already knows how much gold has been produced. I hope that information has been controlled in a professional manner. My experience with the ASX indicates to me that corruption and manipulation is rife -so I have my doubts.

However, OGX has all the qualities of a very low cost producer, so even a dissappointing headgrade indication is still likely to be very profitable.

I can accept that gold dore (typically 80% gold) assays and calculations with implications for estimated gold resource may take some time.

While there are obvious restrictions on a JORC reserve with our coarse grade mineralisation, I believe the company can make a statement such as:

The head grade for the production ore processed so far is between % & % (insert pretty numbers), and if that grade is representative of the future production grades, this would suggest a resource of between ??? mT and ???? mT implying a possible gold resource of ???,??? Oz (insert additional weasel words as required).

Into the mix we have the POG holding up reasonably well after all the Yellen.

...continues to hold.

Cheers,

SJB