G'Day Tdman1 Just curious-why now ? I mean we are a maximum of 9...

G'Day Tdman1
Just curious-why now ?
I mean we are a maximum of 9 trading day's away from the latest the quarterly
can be released & you decide to open a H.C. -Account?.
Just saying only 3 posts ever on H.C.-being today .
So why have you not said anything prior today ?

I could not care less about OGX's twitter account, I very much doubt
the twitter account B.S. -triggered you to open a H.C. account & post
just before the quarterly is due.

Its not that we are not aware or happy about the delay in production numbers.

It could be considered strategic to promote anxiety within holders who may or
may not sell as a consequence of you posting at the eleventh hour !
Just seems strange that you have every ones interests at heart -yet you wait
until now-why did you not mention your concerns before now, as the timing
just seems a bit odd ?

My personal opinion as I said to bid rod to pass on two things.
1) Don't use the term shortly in future ann.
2)Don't mention time lines that you may or may not be able to meet,
you are better so say nothing -under promise & over deliver.

Further I have like many holders considered the delay's .

I lean strongly to the bias that much has fallen into line this month,
many indications of this -wont bother to list .

Due to issue's hampering production in the two previous months
( that we are all aware of) I believe MGT very likely concluded
to table any results would we wasted as any released results would very
likely result in holders/traders in OGX selling off- as we experienced
when the rock chips & multi-element potential was released .

imo traders whom where expecting bad production results to be tabled
where chaffing at the bit to sell into any news flow as they believed
production results if they had of been released prior this month would have
sent the share price into a tail spin .

Hence it could well be that MGT became aware & decided due to what we have
experienced-to hold off on exploration results by slowing the drilling campaigns &
release production results for the three months together -which I might add
is perfectly normal to do ( just should have never made monthly promises in the
1st place) due to the possibility of being cash flow positive .
Followed by exploration results.

I am not making excuses here as I have previously stated to bid rod please
recommend above mentioned to MGT.

So I am not condoning what has occurred & have no insider knowledge,
though what I have mentioned is imo very likely the mind set .

Disclosure -have not sold -am holding a significant parcel, will not sell
at the eleventh hour .

Many moving parts I have / am considering the following.

This quarters production .
Next quarters production-taking into account higher thicker grades very likely
being accessed in conjunction with new processing operational personal contracted ,
a second extra shift implemented this quarter -doubling the processing time.

A third shift recently commenced underground -implying imo the two processing shifts
are getting through stockpiled tonnage hence the need to supply more mined feed
( 3d shift ) underground.
And & dare I say this coming quarter should have significant additional potential
of tailings being processed further complementing gold processing output.

Then I have also considered exploration potential-Stella is the word I would use,
yes it has to be funded -yet there are known unknowns in this regard.
Self fund, the potential of the J.V. in limbo reaching agreement with Anglo or another entity .
Due to all the above mentioned just off the top of my head, I will ride this one through
as imo the optimum time seemingly to sell has gone -many have probably done this already
& imo some are also feeling glad they did but may also be considering the possibility
of a surprise Quarterly-even cash flow neutral will create a s/p bounce imo,
due to the production upside next quarter .

So any way that's my 10 cents -no absolutes here i'm afraid .
Also J.G is a finance fella -Very much doubt he understood production processing & underground mining of narrow high grade veins -bet he understands a lot more than
he did-has he made mistakes here=absolutely imo.
Is it to early to build the gallows taking into account OGX's position late last year
I think so -OGX was ATT a shot duck-worth considering .
Time will tell-, each to their own.
imo-gltah-
salt



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