GREY:OLEPF - Post by User
Post by
figtraderon Sep 06, 2012 1:21pm
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Post# 20326082
so what will the resource estimate be?
so what will the resource estimate be? having read the updated resource from Teranga, which is pretty astounding in it's prediction that they will have ample resources in the current open pit to take them to mill capacity FOR A NUMBER OF YEARS, leads me to believe Ormin and it's joint venture partners COULD have that 9+million oz deposit as they have claimed. After all, OJVG has the Masato deposit right next to the Teranga pit...like 3 km away. A bidding war in my mind is a definite possiblity with Randgold as a likely participant. Maybe OJVG could sell off a portion of land to help finance construction of it's own mine. I guess time will tell. Waited this long I can wait for something to play out.