Oriole Resources Share Discussion Threads

[nelson01] 17/9/2021 07:04

I don't know why Iam don't just make a bid of 1p for the whole company.

[grimreaper2019] 17/9/2021 06:52

The grades declared today across both locations are weak to poor to put it mildly, this news will hardly assist the upcoming placing price.

Steer well clear until the capital raise is completed, almost certainly to be Q4.

[geotrav] 17/9/2021 06:23

RNS out on Senala

[luckyabbeygale] 14/9/2021 08:07

Even though it is well known about a potential placing these large buyers just carry on buying, and I look forward to seeing why. Cash is also getting less and they do not seem to care about that either.

[tightfist] 13/9/2021 09:45

Are there any close followers of Capital (CAPD) on this BB, they provided the drilling rig to ORR/Cameroon/Bakassi - see 19.11.20 RNS. IIRC CAPD sometimes take a stake in small explorers in return for subsidised drilling costs? May this could be helpful in bridging the ORR short-term situation?.Incidentally, in October last year NRPrivateMarket facilitated on-line investment in the Offer - for the fleet of foot! NRPM is owned by Minexia where Bob Smeeton is an officer..Cheers, tightfist

[grimreaper2019] 13/9/2021 08:25

Another update today, the cost of diamond drilling 1650m will be around £165k / £200k, cash on 30th June was £870k, now probably down to £700k.

The CFO seemed frustrated when market entities talk about the negatives of dilution but dilution IS every retail investors worst enemy.

The BOD seem to have no idea of market matters or trends, typical geologists, does not help sentiment.

A placing is coming folks, it's probably coming in around .40p

[terminator101] 13/9/2021 08:19

The cash balance of the Group as at 30 June 2021 was GBP0.87 million. That won't last them long.

[geotrav] 13/9/2021 08:02

Does anyone’s strategy include researching the management and board of the company, their actual projects and potential for success - risk / reward ratio?
Or mainly chart / bb tip followers?

[luckyabbeygale] 13/9/2021 07:42

Waiting for the right announcement strategy is my main future focus on how to pick new stocks. I seen so make examples on which ones succeed and ones that loose the rise. That it has made me ultra fussy which is something I never had about me before that seems to be good for this game. I may do a watch page just for oil shares. As often they do 100 percent gains or more after the right news.

[bspgamer] 13/9/2021 07:35

Good luck with your eBay business, that's something we have in common. I hope you make stacks of money, always do your own research and don't follow the crowd. You will get caught out on that spike. GL

[luckyabbeygale] 13/9/2021 07:32

I have an income coming in from eBay and other things. I can save about £200 a week for ig index. While in the past that be more like £50 a week. I think that is where the problem was that having to little going in made me pull out of things to quick. Now leverage seems to force me to be long term about everything which is good. I looked at that Empire before, but it was not available to buy on ig so I gave it a miss.

[bspgamer] 13/9/2021 07:26

You sound like you have a plan, always follow your instincts and not the sheep. Good luck!!

[bspgamer] 13/9/2021 07:25

I don't short, never have never will. I'm a short to medium term investor. If I see a profit I take it.

[luckyabbeygale] 13/9/2021 07:24

Also with that I was going to short the DOW, and buy all the gold shares cheap from my coronavirus profits. I had all on same stock watch page and William Hill too that went up from 25p to be taken over at £2.85. Then to rub it all in ARGO went up from 3p to £3 and Clear Leisure from 0.3p to 6p. All on same watch page. It could of been from £2 on a machine winning £250 for ig index to 10m last year.

[luckyabbeygale] 13/9/2021 07:20

I made money on KOD that has covered all my losses so far on ig index. I hold 12 different shares on there. I'm not new just very unlucky on my timing over the years. Often I sold the day before a 200 percent rise or more. Last years mistake selllung PET too soon cost me 10 million. Which is hard to believe, but I wanted in on NCYT and SNG from the money I should of made had I not sold too soon on PET.

[bspgamer] 13/9/2021 07:16

Just don't get trapped into the game of averaging down. When you get a minute have a look at EEE, as I said they are drilling a very highly prospective area of WA. The neighbours kings west resources have found shed loads of gold bang next door to us. Gold is only going one way and you can't find a safer place than Western Australia. Good luck and any questions, feel free to pick my brains.

[bspgamer] 13/9/2021 07:13

You sound like your very early into investing, so you want me to take you under my wing. It's a dangerous game investing on the AIM

[luckyabbeygale] 13/9/2021 07:12

Okay thank for that. I can get accounts with brokers one day when I have a lot more money. I hold my stocks on ig index. For today my best one is EOG by far. As far as ORR is concerned I have great faith in them, and I bought to many at 0.9p, and now I just wait how ever long it takes.

[bspgamer] 13/9/2021 07:06

Brokers who do the fund raising for ORR, look for their nominated brokers. When they are looking for a future raise and it can't be long now. The broker will give you the opportunity to buy stock at a reduced price, warrants are a added extra. Not all companies offer warrants but these will likely have to, otherwise most won't invest. Good luck, but don't over expose yourself here. EEE looks a far better investment and they have the funds to drill in a highly prospective area of WA. They are drilling as I write this message. DYOR

[luckyabbeygale] 13/9/2021 07:02

All aim juniors are in the same boat. Just look at ALBA. There will never be any gold ever there. At least with ORR it looks more likely.

[bspgamer] 13/9/2021 07:00

This company needs cash, how do they expect to pay for any future drilling?

[luckyabbeygale] 13/9/2021 07:00

How do you get to own such warrants and how do I apply for some?.

[bspgamer] 13/9/2021 06:59

Why would I lie I don't hold here no more just the warrants love, and I know plenty more who hold warrants