(2nd)Â Answer to Shareholder Question:Â Q:Â Â
Post# of 1036
Posted On: 09/03/2013 12:49:42 AM
(2nd)Â Answer to Shareholder Question:Â
Q:  Hi OODH  you said the gold property is 24 Square Miles or something like that.  that sounds huge to me but I don't know about mining gold very much. How big can a project like that become?  tahnk you for your hard work.    Â
A: Dear Valued Shareholder, I think the best way to express the size and scope of the gold mining operation potentials granted to Greg Lowe to manage for OODH,  is by comparing the project with another company with similar reserves . Therefore, because not many major mining companies can compete with our reserves, we must compare the OODH Gold reserves of our project with the gold reserves of the World's Largest Gold Mining company , Barrick Gold (NYSE: ABX) - You must understand, these Large types of Mega Gold Reserves are not in just any ol' Joe Smith's  mining company portfolio.   Â
Read link below please: Â
http://en.wikipedia.org/wiki/Barrick_Gold
As mentioned in the Wkipedia link:
" Barrick Gold Corporation is the largest gold mining company in the world."
"For 2008, it (Barrick) produced 7.7 million ounces of gold."
(Now for the most important information at end of article)
"Â As of December 31, 2008 its proven and probable gold mineral reserves stand at 138.5 million ounces. "
---------------------------------------------------------------------------------------------------------------------
With the above taken into consideration, I am going to tell you  exactly just how big our Mining Operations can become if we so choose. Here's just one fact on our Venture:
ORION DHC, Inc. JV Gold Reserves: 240 Million Ounces , proven and Probable (See bottom of page through the link below)
That's what that spread sheet on the ORION DHC, inc website means, its the last page from the Geologists, Metallurgists and Assayers full REPORT on the 6000 Acres:   http://oriondhc.com/wp-content/uploads/OODH-B...V-640B.pdf
So what does all that mean for OODH shareholders? Well, If Barrick Gold (NYSE: ABX) is the LARGEST gold mining company in the World, and Barrick only has 138.5 M ounces in Reserves;  and our JV has   240.0 Million ounces in proven reserves...Â
In compendium, we have 101.5 Ounces MORE in Gold reserves than the "World"s LARGEST Gold Mining Company" -----Â
Hope that helps you better understand the scope of the ORION DHC, Inc , Bayou, Inc, and AuVek Mining Co. (Inc)  Joint Venture.    Â
Randy Hoff
Chairman & CEO
ORIONÂ DHC, Inc
www.oriondhc.com
STOCK TICKER: OODH
Note: Look at that copper (green) in the side of the Mountain in Arizona on our JV claims, just above Mr. Greg Lowe. That vein, I have been told, is the actual Tom Reed Gold Trend cut-away of heavy metals, gold Copper, Silver, doing $1.50 per ton when gold was only selling for $20.67 per ounce - In today's values that would be around $99.01 per ton of material processed... how many tons of rock do you think are in that mountain side? *Aerial View LINK: http://goo.gl/maps/ukzfo
Q:  Hi OODH  you said the gold property is 24 Square Miles or something like that.  that sounds huge to me but I don't know about mining gold very much. How big can a project like that become?  tahnk you for your hard work.    Â
A: Dear Valued Shareholder, I think the best way to express the size and scope of the gold mining operation potentials granted to Greg Lowe to manage for OODH,  is by comparing the project with another company with similar reserves . Therefore, because not many major mining companies can compete with our reserves, we must compare the OODH Gold reserves of our project with the gold reserves of the World's Largest Gold Mining company , Barrick Gold (NYSE: ABX) - You must understand, these Large types of Mega Gold Reserves are not in just any ol' Joe Smith's  mining company portfolio.   Â
Read link below please: Â
http://en.wikipedia.org/wiki/Barrick_Gold
As mentioned in the Wkipedia link:
" Barrick Gold Corporation is the largest gold mining company in the world."
"For 2008, it (Barrick) produced 7.7 million ounces of gold."
(Now for the most important information at end of article)
"Â As of December 31, 2008 its proven and probable gold mineral reserves stand at 138.5 million ounces. "
---------------------------------------------------------------------------------------------------------------------
With the above taken into consideration, I am going to tell you  exactly just how big our Mining Operations can become if we so choose. Here's just one fact on our Venture:
ORION DHC, Inc. JV Gold Reserves: 240 Million Ounces , proven and Probable (See bottom of page through the link below)
That's what that spread sheet on the ORION DHC, inc website means, its the last page from the Geologists, Metallurgists and Assayers full REPORT on the 6000 Acres:   http://oriondhc.com/wp-content/uploads/OODH-B...V-640B.pdf
So what does all that mean for OODH shareholders? Well, If Barrick Gold (NYSE: ABX) is the LARGEST gold mining company in the World, and Barrick only has 138.5 M ounces in Reserves;  and our JV has   240.0 Million ounces in proven reserves...Â
In compendium, we have 101.5 Ounces MORE in Gold reserves than the "World"s LARGEST Gold Mining Company" -----Â
Hope that helps you better understand the scope of the ORION DHC, Inc , Bayou, Inc, and AuVek Mining Co. (Inc)  Joint Venture.    Â
Randy Hoff
Chairman & CEO
ORIONÂ DHC, Inc
www.oriondhc.com
STOCK TICKER: OODH
Note: Look at that copper (green) in the side of the Mountain in Arizona on our JV claims, just above Mr. Greg Lowe. That vein, I have been told, is the actual Tom Reed Gold Trend cut-away of heavy metals, gold Copper, Silver, doing $1.50 per ton when gold was only selling for $20.67 per ounce - In today's values that would be around $99.01 per ton of material processed... how many tons of rock do you think are in that mountain side? *Aerial View LINK: http://goo.gl/maps/ukzfo
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