ORS 0.00% 1.3¢ octagonal resources limited

this is getting better and better and better , page-16

  1. 7,303 Posts.
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    Sorry Plough, my bad on that, it was 'yeeew87' who posted that they contacted the company and was told Pearl would start late April/early May.

    http://hotcopper.com.au/post_single.asp?fid=1&tid=2229536&msgid=13235767#.U18zSfmSyCk

    As you say, now that they have rich pay, focus may turn back to Alliance South. However, as I mentioned, if they have the ability to bring in a second team, surely it would be better to have Pearl on the go whilst Alliance South is being re-planned etc? 2.9g/t is not too bad from an open pit.

    I am assuming that they could easily process 100,000 tones from Pearl per year and still have 50,000 tones for Alliance South, which at 10g/t would bring in close to 25,000 ounces a year. Just some very basic numbers from the light reading I did last night to refresh my memory.

    Totally agree that ORS is off the radar, however, I did not buy a larger parcel because ORS has a bit to do before they are really hitting their goal of 20-30k ounces per year. However I do think they will get close this year.
 
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