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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > resource update
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Post by topoftheridge on Sep 13, 2012 8:33pm

resource update

resource update should be out next week.

without sounding like an idiot (i know, too late) any chance they could "blow out" the numbers and come out with

6 or 7 million ounces?

i just remember being told, they hit gold all the way down to 1 km, but the first RD only counted the first 250 or 300 meters.

wishful thinking, but I like arlene's $3 per share....

Comment by Roro1 on Sep 13, 2012 8:53pm
Hey Top - I also dream that dream!!! But for me, it's always 10 milliion oz's (LOL). I also remmeber they found gold they couldn't  reach. Maybe now it's absorbed somewhere in the RU.    
Comment by roadking08 on Sep 13, 2012 9:04pm
to top and all others with know how and this has probably been asked and answered before but I can't remember everything. Does all the heap leach that they gave us a year or two back count in ressource estimate?  
Comment by hoosier1 on Sep 13, 2012 11:36pm
Road... the straight answer is Yes.  As you probably know, Heap leaching is a process that takes what would have been waste material, or very low grade tonnage, and further extracts more gold... so the total mineral resouce estimates should include the oz they determine can be extracted, per the preliminary economic assessment h1
Comment by roadking08 on Sep 13, 2012 11:49pm
thank you very much housier, extremely appreciated. off the top of your head do you remember # of ounces, no problem if not, I will dig it but in morning. Sorry, but would sleep much better. Just got an inbox saying it was more ike 100,000 ounces of heap leach but knowing him he probably had too much too drink and it is just a missing 0 in inbox. And since he got me in here 3 years back he ...more  
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