Oriole Resources Share Discussion Threads

[bmwman3] 21/3/2021 19:09

Sorry discussed lol

[bmwman3] 21/3/2021 19:05

Syme, futura, rambler, nsci and Orr plus others all disgust by three good pundits, excellent listening....https://twitter.com/albert__arthur/status/1373633414478372866?s=21 https://twitter.com/Albert__Arthur/status/1373633414478372866

[tightfist] 18/3/2021 08:55

I see the ongoing warrant exercises as a positive way of keeping the Cameroon campaign going for a while yet; the warrants are still well in the money. Dilution is a given..From a distance it looked for a while that the Senala year 3 drilling expenditure obligation was in jeopardy. Possibly some brinksmanship negotiations in the background? - but no one blinked.....yet.....IMHO news from Cameroon or Senala could easily upset the chart. As ever DYOR!

[broken_arrow1] 18/3/2021 06:45

Problem is the market up cycle for juniors like ORR is over, for the time being at least, the demand & hype is no longer there.

ORR will soon need more cash, ongoing warrant selling is also a burden + very disappointing news from Senegal where the JV partner has defaulted on terms, did ORR management really not know of the breach sooner?

All combined no wonder the share price has fallen, chart suggests 0.65p is coming, perfect head and shoulders formation.

[the stigologist] 16/3/2021 10:42

Inconsequential news but just adds to sentiment of a company progressing on multiple fronts

[willo] 16/3/2021 09:31

Massive news!! Do me a favour....

[the skipper] 16/3/2021 08:49

Yes that’s the bottom of the retrace imo as I implied yesterday, but I had to pay a bit more than I expected for this morning’s top up as a consequence of the RNS

[abeygale] 16/3/2021 07:30

Massive news out this morning, that will follow with a long re-rate.

[the skipper] 15/3/2021 17:16

This is looking very oversold now on the TA indicators with the RSI down to 34.99, which is the lowest it's been since October 2019. Still sitting on my warrant shares after selling most of my position around the highs but I am minded to start adding in the market in a day or two.

[the stigologist] 14/3/2021 20:14

He'll do the former and path of least resistance i assume but maybe if more shareholders make representations to him we could strengthen his resolve. Or at least he could make IMG aware of his shareholders disquiet as though price crash didn't send that message.

[bo doodak] 14/3/2021 17:58

TL has a strong negotiating hand with which to improve the terms of the JV. Will he exercise this option on behalf of shareholders and play hardball, or take the easier option and just allow IAMGOLD to rollover the underspend to year 4.

[the stigologist] 14/3/2021 14:36

Someone on twitter posted email reply purporting to be from Tim Livesey

Seems everything very much in hand

All the options open to IAMGOLD are in favour of ORR including potentially taking back the full licence

Would be incredible outcome for ORR

The licence is worth substantially more than when it was first licenced out to IAMGOLD given gold price move, Chesser discovery and IAMGOLD having spent several million dollars on exploration

Win Win for ORR

[kcaco] 12/3/2021 16:23

Good post the stig .
Looks like they are having a celebratory meal ?
Celebrating what ?...... massive gold finds I bet !!

[wassapper] 12/3/2021 14:33

Jane - listen to the interview on Proactive. I thik that explains things. They were out to confirm the intial soil sampling - which they have. Diamond and depth to follow.

[tightfist] 12/3/2021 11:50

Many thanks for building on the reported drilling depth aspect. IMO let's be thoughtful, this could become the foundations of a conspiracy theory......

[janestone] 12/3/2021 11:25

Here's an example at Madina Bafe.

At hole 117 in the aircore drill round, they drilled 4m but no result has been published (indicating a blank). In the rc phase they drilled to 40m and hit 15m at 6.1g/t.

At hole 120 in the aircore drill round, they drilled 5m but no result has been published (indicating a blank). In the rc phase they drilled to 40m and hit 3m at 1.38g/t.

And when you look at Chesser's results, they have good results at shallow and at depth.

You've got to question Iamgold and them drilling 1 or 2m and then stopping and moving the drill. Why?

[janestone] 12/3/2021 10:42

Lots of headless chickens around. The reaction is overdone, along with warrant holder pressure. People should take the time to check out senala over the weekend, especially the jorc table from the Fare results. The low market cap here is a golden goose.

Iamgold initially drilled shallow holes over Fare North and South, and Madina Bafe, and then they struck gold at deeper levels. This could happen here.

When you get to page 18 of the jorc you can see that they only drilled 2m at certain points. I can't tell you why, but they did (same as Madina).

However, in appendix 2, at page 38, the results are clear. The gold is there. And when you compare the results to the depth of drilling then it's all to play for.

Take hole FARB-00058, they had 6 m @ 0.17 g/t and 4 m @ 1.48 g/t but they only drilled to 36m.

At FARB-00079 they have 10 m @ 2.29 g/t Au and drilled 35m.

At FARC-00001, where they rc drilled to 80m, they had better results, of 1.00 m @ 0.30 g/t Au, 10.00 m @ 2.34 g/t Au, including 6.00 m @ 3.50 g/t Au and 1.00 m @ 1.20 g/t Au.

Just because the recent survey was shallow aircore it doesn't mean that the gold isn't deeper, just that its not all sat at surface.

The past results alone support a greater market cap in my opinion.

[the stigologist] 12/3/2021 09:06

'wide mineralised veins'

[tightfist] 12/3/2021 08:18

Are those 2 x 0.915 trades artfully delayed from yesterday?

[robertjbeck] 12/3/2021 08:08

Agreed. A very positive interview. Its clear that IAMGOLD are keen to continue with the prospect and requesting to push the underspend from last year into the current one. This should give us an enhanced programme of work and exciting related news flow. I was also pleased with the progress they are making in Cameroon and the report of a very positive relationship with the Minister which probably played some part in the granting of the five additional licences recently received in Central Cameroon.

[the skipper] 12/3/2021 00:28

Oh yes I’m sure such a well argued post like that will have shareholders leaving in droves. PMSL 😂😂😂

[chimpeska] 11/3/2021 21:41

TIIIIIIIIIIIIIIIIIIIIIIMMMMMMMMMMMMMMMMMMMMMMMMMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRR
What a pile of cac this is, worth no more than a quarter of a pence at best, MUG PUNTERRRRZ will suffer further tomorrow as it collapses big style.

[yorkie52] 11/3/2021 20:13

Having listened to the proactive interview it's obvious there is no real problem with the understend in year 3 caused by covid and Iamgold intend to catch up this year. The results of drilling were in line, if not exceeded expectations. So as usual a total overreaction by the market. I took advantage of the drop and bought at 0.885p this morning. Hopefully Cameroon will be the game changer anyway. With a bit of luck we should multibag in no time. I certainly see us back up to at least 1.5p in coming weeks. Aimo.

[the stigologist] 11/3/2021 17:32

Very limited 'technical' damage from today

Actually the long tail reversal candle is positive as was the close above 1p at the highs of the day

[the skipper] 11/3/2021 15:12

That is a very reassuring interview and also provides a decent update on what's happening in Cameroon:


Onwards and upwards after today's blip imho