What it does is ensures the future of the company.
What we know now is that in Luzon and Surigao have excellent know mineralisation already. All locations have early sduies showing intercepts with ore grade reserves.
The Managing Direcor said that "production is straight forward with absolutely no problems". He said that there are other companies that have found exactly the same thing. No problems at all going into production. OGC are not the first in to this location.
As D&D said we can expect quick action from OGC and D&D are looking forward to finding out more.
OGC has short, medium and the long term fundamentals. As production commences the price of gold is liekly to continue to strengthen even above current highs. Some are saying that it will almost double.
Newminer.
OGC Price at posting:
$3.81 Sentiment: Buy Disclosure: Held