Replies to post #19956 on Value Microcaps Junior Miners

[Gene_Simmons]

I don't think you are wrong at all:) I can only pity the gods that I don't have any money to buy OGC. I am rather certain you will enjoy a load of wealth in the coming months and years with OGC.

[cl001]

Monty, Re: OGC.to drilling results:
This is similar to its recent panel 2 deep discovery, I would guess it will add 1-2 years in reserves.
OGC mine life was never an issue for me. It is an Australian company, they can only use reserve to calculate mine life. If you include resource, each mine can last about 10 years.
As for growth program, you should hear from the company soon. The first priority is to survive. Now they are on sound financial footing, the expansion plan will come out. You should hear from the company in the next a few months. Drilling at Reefton is the first step. I won't be surprised to see OGC grow its production in NZ to 400-500K in the next a few years, plus Didipio.