Oriole Resources Share Discussion Threads

[observer007] 04/4/2024 08:12

They are trying their hardest to deter buyers with a wide spread, online buy limits reduced or cut off entirely.

This is a good sign, means their supply of stock is thin, we all know what that means.

Intraday high in late January was .57p

[one2go] 04/4/2024 07:48

Coiled spring here, a run into the mid .40p's looks imminent.

[aussiebeach] 03/4/2024 15:38

Took some more this morning, what's not to like, gold through $2300oz makes all of ORR's licences more valuable.

I reckon their stake in Senala is worth twice the current market cap alone.

Goodness me why are folks not piling in here ??

[observer007] 03/4/2024 12:19

It's poised for a decent move up IMO, ORR has been mentioned across X for a number of weeks as a potential multi-bag opportunity, only a matter of time before the herd arrives, might also see some new Tax Year buyers from Monday next week.

I have no idea what is going on with the market makers, it does seem nigh impossible to buy in any real size.

Anyone wanting in would be best advised to place limit orders or go for smaller size which they are obliged to trade at, normal market size is supposed to be 1.5m shares but that is tosh currently.

I can see this back in the .40p/.50p region soon enough.

[juju44] 03/4/2024 09:49

The share price activity is weird . What are these MMs at

[luckyabbeygale] 03/4/2024 09:30

Can sell up to £40,400 at 0.277p.
For £1,000 the sell price is hardly over 0.27p.
Why offer way more for a huge amount of shares?
We must be expecting to race past 0.3p in this case.

[thecoyone] 03/4/2024 08:19

As expected my limit order at .28p was rejected yesterday, let us see what today brings!

It seems as soon as you place a limit order on the book they raise the price not to fill it.

Very frustrating.

[broken_arrow1] 03/4/2024 07:51

Been reading the commentary on the share price action, it appears there is a background buyer possibly of scale, IG were all over the place yesterday on the offer, three times during the day for periods of time it was not possible to trade ORR, other times they were quoting a large premium for just 1m shares.

It does look very positive moving forward therefore.

Will keep checking and reporting accordingly.

[observer007] 03/4/2024 06:11

Gold now $2280oz.

This has to be one of the best juniors on AIM in the gold space, massive ground in Cameroon and look how much the value of Senala in Senegal has risen.

ORR could quite easily become a £100m+ company.

With no fears of dilution and more JV deals likely the share price can only go one way.

Yes thy will make it hard to buy but surely that is a good sign.

[thecoyone] 02/4/2024 16:10

I rarely declare my trading positions but I placed a limit order this morning for 1.5m shares at .28p (at the time a premium to the offer) as soon as I pressed 'place order' the market makers took the price to .30p offer, there was no buy to justify this.

The limit order will sit there now until market close, order not filled, it shows how bent the situation has become.

I have been exceptionally critical of this outfit under Livesey however Eileen Carr is a breath of fresh air, a person who gets things done as opposed to Livesey's waffle.

The recent JV deals were of her making, there will be others, do not miss out, this company is going places.

[aussiebeach] 02/4/2024 15:54

The liquidity drought on AIM is obvious, investors in this sector are so battered and bruised they cannot tell the wood from the trees, had gold been at this level back in the good old days of 2019 ORR would probably have been valued north of £50m instead of the current £10m.

This company has transformed possibly into the next GGP, from 1p to 35p, however due to the 'current climate' investors stay away not helped by chronic manipulation of the markets by brokers, market makers etc.

A tip, if it is hard to buy a stock it means it is a good one, it has been hard to buy ORR in any material size for some months !

[luckyabbeygale] 02/4/2024 14:23

They not allowing an at trade by cfd to fix the price. Is very frustrating.

[juju44] 02/4/2024 13:06

I added 900k this morning no prob. This chart is not right

[aussiebeach] 02/4/2024 12:39

Coiled spring comes to mind here, nigh impossible to buy in any size, market makers trying to protect a position me thinks.

Can see this really moving very very shortly, their gold licence package in Cameroon, is the largest in country, now what major would not want a piece of that given the current gold price.

Cheap as chips £10m m/cap.

[observer007] 02/4/2024 10:45

It has been suggested on the other BB that Lanstead are struggling to contain the share price, as a result have sold far more shares than they would normally have done at this stage of the financing agreement.

If that is the case it would be very bullish as they have fewer shares left to sell over the remaining 16 months of the funding deal.

No wonder Lanstead are refusing to TR1 their position to the annoyance of posters on LSE.

I think the share price is poised to move ahead strongly as a result of renewed investor interest, no wonder they are making it harder to buy.

The shares hit .57p in January remember.

[mrmcnee] 02/4/2024 10:07

Can confirm stock is very hard to come by currently, that is usually a good sign.

IF they have discovered a new gold frontier in Cameroon as they suggest then this could be the next big AIM winner.

They are fully funded as well, rare for a AIM explorer.

[luckyabbeygale] 02/4/2024 09:39

Can't get a buy quote for £2,000 and over. Looks like Oriole is the next OMI.

[juju44] 28/3/2024 12:10

I lost money here years ago but have been buying in recently as I think corners may have been turned . With a running gold bull small miners will have a field day . My buy this morning showing as a sell

[luckyabbeygale] 28/3/2024 10:47

Someone needs to AT this with buying a CFD. As then the price goes up to the asking price.
2 nice buys and then a 7.5m buy at 0.27p, and then a spreadbet or CFD closed at 0.25p to make it look like it dropped.

[adi27] 28/3/2024 10:41

Definitely, she hasn't invested her money on a whim.

[tightfist] 28/3/2024 10:28

Chairman Eileen's closing words of optimism, never was a truer word spoken : "......Which brings me finally to our shareholders who, I suspect, are battered and bruised but hopefully now a little more optimistic of a brighter future. Please be assured that the Board and management are working extremely hard to make your Company a success and I rather believe that this year will be the turning point"

[adi27] 28/3/2024 07:48

Eileen believes this year will be the turning point!!

[adi27] 27/3/2024 07:39

Anyone know when Final Year Results due?

[griffin63] 25/3/2024 16:31

Still waiting on news about other licence,must be about due.