OGX 0.00% 0.3¢ orinoco gold limited

id guess that the reason why they haven't gone for the HM4...

  1. 4,479 Posts.
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    id guess that the reason why they haven't gone for the HM4 option on the tails right now is because it won't/doesnt work
    the obvious answer is usually the right one
    i reason that this means they will need another approach a la CIL at some point

    is 8 mill from magna enough to set this up
    i have no idea but imagine it might go close?
    any takers
    ?jim
    ?salt

    anyway the delay here won't be the money but the approval time so i don't think we shouldn't hold our breath and see that as the solution to short term survival

    it took forever to get the gravity plant approved and running

    so how to survive between now and then?

    i like to assume the best outcome otherwise i would have buggered off years ago

    so current gravity plant getting 70% on HM3 at 25 ton /hr for 6 hrs a day with 15g/t fully diluted ore is about 53 oz a day

    plus some good news on the exploration front that could come from many options at anytime

    hoping for a green week
    good luck to all
 
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