OGX 0.00% 0.3¢ orinoco gold limited

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  1. 21,019 Posts.
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    Agree, it's time for cool heads, not revolts. We've had a change of management, and these guys have cut costs to the ''bone. Production obviously isn't great but I'm confident they are working hard on a solution. CIL should attract a bit of attention IMO. ''

    IMO,

    Management are trying their best in these difficult circumstances:

    But the past cannot be ignored as imo it has ramifications going forward

    Massive share dilution from around 100m less then one year ago to over 1 billion before CN etc.... Not fully diluted

    The Gold Royalty Debt going forward - secured by assets of Cascavel

    The Anglo proposed JV and $3m prepayment for exploration - still under negotiations



    DYOR
    Last edited by Merchant2000: 10/09/18
 
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