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sirjohnnyboy

2,599 Posts.

1713

07/08/18

01:48

Post #: 34761195
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Originally posted by elsolivars ↑

At first thanks for all the posts you have written here, they a very helpful reg. education in mining.

in your recent post you be pointed to the cost-reduction of the company. sure it´s one point, but ....
the first thing - in my point of view - is, get the gold out of the tenements. If there is such a lot
of gold as the management advised, why they are not full working , to get this money out there ?
in the same time they will be able to get a buffer on money for unexpected costs , which in this times
comes more than often. today, a low brise of wind, will knock them from the legs. that´s not
the thing i want to see. you have to set prioryties, and to have a bit of money is the first in a real
business. I´m sure it can work in case of OGX. at the moment i see to many places/prioryties
which be at the first helm.

elsolivars

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Do you actually mean mine the gold as in take if from the ground and process it through a plant then smelt the gold and sell it on the gold market? Because if that is what you mean then it could have massive implications for how we operate the company. Could you please contact the company with this far-reaching and insightful suggestion -definitely would not want to steal your thunder.

Re gold production. I have been told informally by someone who should know that 1000 Oz/month is possible.

Cheers,

SJB

OGX Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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