Oriole Resources Share Discussion Threads

[the skipper] 26/7/2021 11:30

When or whether they need to raise will depend on a number of things including monies expected to be received from the legacy assets, and imo the strong possibility of attacting a farm in partner for the assets in Cameroon where ORR have massive first mover advantage in tying up licenses covering a very large land area. Now that they have proved up the presence of gold that has to be of interest to majors imo, and Tim Livesey has all the right contacts and track record to pull that off imho.

They are also clearly awaiting an update from IAMG in respect of drilling in Senegal, and might be tempted to raise after that if there is a decent response from the market to the news, but now is not the time to sell imo as the Directors will not want to dilute their considerable sharholdings at these depressed prices.

[scottwhetton] 22/7/2021 10:03

Some mentioning a placing on the cards hence the big 1M sells ? I thought we were funded for now ? I can see a placing in the future to fund drilling in Cameroon question is when will the BOD hit us with it

[oakville] 22/7/2021 09:47

Been buying every time it goes below .05p One of these days I won't ever be able to buy at those levels....Lets get up a head of steam !

[ssrmb] 22/7/2021 08:40

DS36, agree 1p is fair value for current known assets, without factoring in the potential of the projects we are working on.

[dogsoggy36] 22/7/2021 08:33

We should do as the cycle will point towards the 1p mark.If we get a good drill from Senegal and IAM come in with a nice one then this can hit the 1.5 mark.

[scottwhetton] 22/7/2021 08:30

Good start lets hope we can hold the rise

[dogsoggy36] 22/7/2021 08:27

He's just doing his job of getting paid to bring stock down.It's nothing personal.

[luckyabbeygale] 22/7/2021 08:20

Pretty worrying times for those who think like the grim reaper.

[ssrmb] 22/7/2021 08:19

Some decent buys going through early doors, seriously oversold so plenty of headroom.

[scottwhetton] 21/7/2021 14:21

How do you know?

[m1sterx] 21/7/2021 14:18

They are working background orders !

[luckyabbeygale] 21/7/2021 14:18

I thought this was supposed to be in the 0.35p trading level according to grim reaper. Grim reaper must be becoming one of advfn's biggest losers.

[m1sterx] 21/7/2021 14:15

A clue, is it is hard to buy for a reason, with volume returning the bulls have it.

Could see a 20m volume day, volume equals liquidity, equals upside from oversold levels.

Can see a move back to 0.80p short term, possibly higher.

[scottwhetton] 21/7/2021 12:36

Buyers Coming Ask creeping up , way undervalued lets get this back up near to the 1p mark

[the skipper] 21/7/2021 09:41

Nice to see some positive sentiment returning. The stock remains in grossly oversold territory with plenty of upside potential and near term catalysts, with further news due from legacy assets as well as the biggie in Senegal. Just wish I had refrained from averaging down until now.

[silverspoon2009] 21/7/2021 09:36

The lows have clearly been hit, this looks like bouncing, took some late yesterday and this morning and will continue to build my position ahead of news.

[aussiebeach] 21/7/2021 09:17

It's turning for certain, nigh impossible to buy now.

I suspect many who bought over 1p will want to average which makes perfect sense.

This could be back to 1p in a flash.

[scottwhetton] 21/7/2021 09:10

Just taken a few to average down from 1p , got caught up in the spike, still fancy this to do well med/long term Alb

[m1sterx] 21/7/2021 08:56

A 40% gain here for buyers who can get in at current prices.

Warrant holders need at least .75p on the bid for them to start forward selling again, a free ride for the bulls.

Easiest trade around.

[broken_arrow1] 21/7/2021 08:18

Buy limits have reduced significantly with IG this morning & a number of other platforms have 'at best' only on small lines of stock.

If there was a overhang then this has cleared, or nearly cleared.

[dogsoggy36] 21/7/2021 08:02

Some buyers are returning because the price is ridiculous and they are probably averaging down.We need a fantastic RNS to kick start this plus IAM need to progress well too.

[observer007] 21/7/2021 07:57

More high grade intersections from Chesser Resources announced this month, they are within spitting distance of Oriole at Fare in Senegal.



ORR have suggested news (drilling results) from Fare will come this month, this could be significant and value enhancing.

No wonder buyers are starting to return.

[m1sterx] 20/7/2021 15:33

10m volume attained, only 750,000 left below .50p, any takers ?

[scottwhetton] 20/7/2021 15:24

I was going to wait for 0.40 should it get there , already in at 1.05p Arrrrrr!!