OTCPK:OGFGF - Post by User
Post by
austrochrison Mar 02, 2018 1:18pm
319 Views
Post# 27652590
amazing advanced gold explorer in africa !!
amazing advanced gold explorer in africa !!Orca Gold has already almost 4 Million ounces of Gold in North East Sudan ! THis year will be gamechanging for orca ! The FS should be pretty nice ! The CEO mentioned in Switzerland that the mine should be have economic numbers as hounde mine !!!! My Research : 240 000 Ounces of Gold / 12 years ! All in all costs under 700 Dollar The NPV should be Close to 500 Million US Dollar ( 1300 Dollar / after tax ) the water discovery was gamechanging to create a 6 Million tone mine ! Capex should be about 290 Million US Dollar! Mine life coul be expanded easily as the ground there is very Gold rich !! The second discoery at cote Ivoire also is very good ( 96 % recovery - oxide and fresh ) The Team of redback mining is worldclass and should bring the mine into production in 2020 ! Rednack mining was taken over for 7,1 Billion US Dollar !!! The goverment of Sudan is showing strong Support as they will earn much Money and many Jobs would be created !! This stock should outperform the goldmarket !!!