Oriole Resources Share Discussion Threads

[the skipper] 03/9/2021 08:26

Post edited with ‘seek’ corrected to ‘sell’. Bloody auto correct had me last night.

[the skipper] 02/9/2021 21:51

In today’s webcast TL was questioned about funding for the upcoming drilling campaign at Bibemi and responded by stating that they still had over £800k in the bank and were mobilising the drilling team now with the rig already on site. He added that that they might have to do a raise at some point in the future, but had other routes to cash in the short to medium term thanks to the legacy assets and the opportunity to sell royalties.

TRR recently announced the purchase of their latest royalty interests here:
from which you will see that they paid $2.5m even though the asset is not yet in production. This is the sort of thing I had in mind when I recently posted that Tim might have something up his sleeve to confound those who have been shorting ORR in anticipation of a near term raise.

[terminator101] 02/9/2021 16:15

Only if you live in Australia

[luckyabbeygale] 02/9/2021 15:28

Looks upward the trend here to me.

[terminator101] 02/9/2021 10:53

Seems that someone is still dumping in size here huh rampers. Charts can go both ways, not just up, and the trend here is down.

[observer007] 02/9/2021 07:26

Chartist targets near term move .65p then .77p and then 1p.

Sector volume remains pitiful.

[aussiebeach] 02/9/2021 07:02

This looks a great entry point and a recovery play for Q4 where many expect the sector to recover, you need to get into these juniors before the herd arrives.

From 1.95p to .50p, what a opportunity.

[scottwhetton] 01/9/2021 13:19

Looks like a seller to me

[m1sterx] 01/9/2021 13:07

Background buyers active, watch this space, online buying cut off currently.

[observer007] 01/9/2021 12:16

It looks like most of yesterdays 7m dump has been taken, only 1m left, a great opportunity, the seller must have been distressed, dumping at 0.40p, has clearly lost money on the trade.

That 1m will soon clear IMO.

[the skipper] 01/9/2021 11:16

Sea of blue here today and I think it means that TL has one more trick up his sleeve to dispel the placing myth, so watch this space……

[aussiebeach] 01/9/2021 10:36

The market is a strange device, in February 1m shares would have cost £19,000 and folks were falling over themselves to buy.

The same number of shares now would cost only £5000 and there is very little interest, question is when will that £5000 turn into £10,000 or even £20,000 once again ??

[m1sterx] 01/9/2021 08:31

If anyone follows the Vox Markets RNS feed Oriole Resources market updates regularly receive high volume interest, it suggests the company is widely supported, as such it is very likely when sector sentiment returns the shares will be one of the earlier recovery propositions.

[observer007] 01/9/2021 07:25

Can't see the share price staying at this level for long with news imminent, hit a 2021 low yesterday.

[geotrav] 01/9/2021 07:04

Yep, someone got caught out!

[m1sterx] 01/9/2021 06:54

The 7m sell order was worked over a few sessions, it was classed as a protected portfolio trade, most likely a one off, possibly a distressed seller, usually the stock price will recover to baseline soon after, often presents a sound buying opportunity as witnessed by the volume spike once it was declared.

[luckyabbeygale] 01/9/2021 06:46

Yes totally final stage in it being the end to a falling share price Even after the fall, yesterday's trading was well supported by buys close to 0.5p. It is a huge opportunity being able to buy in cheaper than what the director paid last week.

[grimreaper2019] 31/8/2021 22:02

The final stage of the capitulation arrived today it seems.

[observer007] 31/8/2021 15:24

Taken some around current levels, fallen from 1.8p, it's seriously oversold.

[the skipper] 31/8/2021 12:47

FWIW TL is speaking at this event on Thursday alongside two Canadian explorers:


If you register for the event you have the opportunity to submit questions beforehand.

Let's see if this encourages any buying from our friends across the pond, who are traditionally much more bullish about exploration stocks than the poxy UK market

[geotrav] 26/8/2021 11:19

Directors dealing - hxxps://polaris.brighterir.com/public/oriole_resources/news/regulatory_news/story/xj3ep1w

buying up some more equity

[tightfist] 26/8/2021 11:16

0.599p paid, that's more like it......