Not much stock on offer early doors, no doubt the market makers will play their usual games in the process. |
Confirmation of my post yesterday that there is a large background buyer out there, AIM is a leaky as a sieve so who knows what they might know.
My bet is a material event is going to occur concerning Cameroon, some agreement with the Government for example, maybe financial maybe preferred treatment or granting of mining rights.
The current circa £13m m/cap is a farce given previous comments from the company suggesting Cameroon could hold equally large gold deposits as Tanzania, Oriole has cherry picked the best licences remember.
No wonder the recent broker note is comparing ORR with £100m m/cap peers. |
MM and honest, not normally in the same sentence. Definitely, more interest seems to be growing in the last week. The meetings in London this week, if gone well, can only be a positive. I feel, big things are brewing here, well hoping, with fingers crossed!! |
According to that 3,034,696 buy at 0.395p. Oriole should be closing at over 0.4p to sell tomorrow if the MM is honest. |
A buy of over 3m paying the highest ever after close. No wonder the offer was so expensive to buy just before the close. |
I am in no doubt there is a chunky background buyer out there.
The two recent and separate meetings with the Cameroon Gov are material IMO. |
The last time I held a share longer than I have held Oriole for is back in 1999. Which was Rage Sofrware from 1995 to 1999.
I have been in Oriole for about 13 months. Maybe this is why I am starting to become a bit nutty on times.
Getting back to Oriole that 1m was a buy at 0.3625p. As it matches the current buy price.
Plus why can you still sell 43K at a premium when the sell limits usually suck when the spread tightens?. |
Luckyabbygale I love reading your posts but I sometimes think you have voices in your head.Please see a doctor before it is too late.Peace out :D |
Pleasure buddy |
In years past they always said buy a stock that is rising in weak markets, well ORR has been rising and we are in weak markets. |
Thank you for the update.
Going back to Oriole it looks like there must be a huge buy order, because you can still sell 43 grand at a premium after all these sells. |
Management have already talked about near term alluvial gold production, the high level meetings with the Government are for a reason.
I think the possibility of ORR become a producer has been overlooked, their JV partner has ability to deliver plant and expertise.
This is an exciting time for shareholders. |
All those meetings with the Cameroon Government must be for a very significant reason, are they about to grant ORR a Mining Licence, the company has mentioned there is near surface alluvial gold.
If they get a Mining Licence their JV partner in Cameroon are very able to extract gold, it would transform ORR into a producer and re-rate the value of this company by multiples.
No wonder it is getting very hard to buy in size. |
I am thinking us holders here should be piling into Nicholas Slators APTA and VAL when Oriole get to over 0.5p before he gets the chance to buy them back.
Always try to be one step ahead of the rich. |
44 grand needs to be sold before the price drops from 0.345p. All week the selling limits have been better than they ever have been. Plus Oriole is currently selling for well over 0.35p.
At this stage I do not think anyone is going to change their mind about Oriole because of Lanstead. |
Good to hear Slater likes although not his top pick since the death spiral.If they had a normal placing we would be 1p today. I argued with livesy but he wouldn't agree yet has left swiftly !!Denying it was a death spiral was a disgrace . Shambles . Not selling though |
Thanks to Lanstead there is no placing until this time next year. Plus by then Oriole may not need to do one.
Lanstead need to sell 2m a day on average which is nothing.
Plus we are over the benchmark price of 0.25p which means Oriole are getting loads more monthly income from Lanstead than they ever thought they get.
Also what a stupid time to bring up this Lanstead arguement when we have just broken out for the first time this year. This brake out has taken 4 failed attempts that has cost me a fortune.
A price of over 0.5p is expected by the end of next week.
Remember that Oriole is Nick Slator's tip of the year. |
Is Lanstead still selling ?What a disastrous death spiral |
News tomorrow ?? |
I am happy the price went back down on the offer since I borrowed some cash to increase my position to 2,600 per every 0.001p movement.
At 0.63p I will have achieved all my inheritance back which could be by the end of next week at this rate.
44 grand is now available to sell at the full bid, and a huge premium for a smaller amount.
Study the buys and sells today and it is about 19m buys and 4m sells. |
The market would have you believe you can buy at .36p, you cannot !
My bet is they are struggling to fill orders at higher levels so have dropped the offer and shut off online buying completely.
If you can get any at .36p good luck. |
Well the sell limits are not effected after Lanstead selling their daily 2m. Bodes well for tomorrow and we close breaking the charts for a continued rise. |
Broken through the ascending wedge chart pattern, looks good if it holds. |
One AT buy and Oriole will have more attention on the biggest winners list.
I can get this AT trade sorted if the bid rises to 0.365p or more.
2m delayed buy at 12.07 went through at just before the 2.5m buy.
Very good sign that Lanstead has not sold into this rise. I think the record is 2 days I seen so far for Lanstead keeping away for. |
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