OGX
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0.00% 0.3¢ orinoco gold limited

Will Anglo Gold Sign a J.V., page-98

  1. Merchant2000
    20,672 Posts.
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    11/03/19
    08:56
    Post #: 37715705
    ''Don't expect their should be any justifiable reasoning for delay's to implementation of a drilling program as its entering the dry season & an ideal time to start drilling.''

    IMO

    They have had Super Bonanza drilling results for countless years -what has this achieved in share price appreciation     or earnings

    How many times have we heard - Bonanza grades and world class ????

    Exploration is a cash burner with no immediate short or medium term cashflows etc - hence need for capital raise after capital raise after ??????


    Last edited by Merchant2000: 11/03/19
    OGX Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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