OGX orinoco gold limited

This week actually ...(from last weeks announcement) [ATTACH] DJ...

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    This week actually ...(from last weeks announcement)

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    DJ I agree with your assertion for my own reason, but it makes me uncomfortable when we post grandiose claims but don't provide supporting evidence. It makes us look like shallow rampers.

    As far as Antenna goes ...it would be great to do some back of the envelope calculations: -and the historical grades and thicknesses of mineralisation combined with the size of the IP anomaly proven by one historical drill result so far give me great optimism. But I won't do any ball-park calculations until we at least have these new drill results ...which should be this week (we hope).

    Yes, I want management to start taking their promises more seriously so trust is not eroded and gives the false impression that fundamentals might not stack up.

    Just to clarify Sertao ...it will be an underground mine. The mineralisation dips under cover at the edge of the existing pit in the same direction as ground elevations increases over a hill (unless extensions are discovered in another direction).

    One advantage of Sertao over Cascavel is that the style of mineralisation lends itself to being suitable for JORC calculations (as we have already seen). The veins extend for hundreds of meters and have intercepts of high grade gold and further drilling is expected to increase the confidence level and thus provide the JORC with a higher grade gold figure in addition to a greater resource size.

    Cheers

    SJB
 
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