Oriole Resources Share Discussion Threads

[the skipper] 20/12/2021 09:12

What’s not to like about those results? Cameroon is now well and truly on the map as a new gold province and ORR have clear first mover advantage, with more drilling results to come early in the new year. Bargain of the century at the current market cap imho.

[geotrav] 17/12/2021 20:11

So many trying to push the price down and fleece the unwary investors…

Sad, sad people.

They said results in Q4 and it’s not over till December 31st…

[2603] 17/12/2021 09:30

Is this going bust. It’s the worst performing stock ever. It’s down everyday.

[geotrav] 16/12/2021 13:27

And in todays news, the map that tells a great story…

[the skipper] 15/12/2021 23:22

Bibemi drilling news coming ‘shortly’; according to TL in today’s webinar. He seemed much more upbeat than the other guys he was sharing the platform with too.

[thecoyone] 15/12/2021 10:17

I see the tag 'lifestyle business' has once again been mentioned in relation to this company, how true, others have pointed out that management are on full time & generous salaries but are working part time and based at home.

Fact is the market has seen through the investment case and voted it down, the market realises there is no blue sky event and cash raised will continue to pay salaries, expenses & corporate costs.

Projects are exceptionally long term and onerous, probably deliberately, asset sales that were touted 2 years ago have come to nothing as have the legal pursuits of £1m odd in Turkey, one claim has been ongoing for FIVE years !

Livesey & Co has diluted former Stratex shareholders from 470m shares when he took over to nearly 2 billion currently, there is more of that coming.

This is a total avoid, at best might be a trade but the trend is DOWN.

[the skipper] 13/12/2021 19:48

Pre and post Xmas news will do nicely termite, with the fifth item to follow in the new year. Could be painful for you if they have a decent discovery at Bibemi.

[terminator101] 13/12/2021 19:26

Cutting it a bit fine for the Santa rally huh.

[the skipper] 13/12/2021 13:52

juju now on filter as the clock ticks down for the four to five news items that are identified for Q4 2021 in the recent presentation. Probably the best Santa rally stock you could hope to find imho.

[juju44] 13/12/2021 13:48

I will buy below zero

[geotrav] 13/12/2021 13:18

So if you’re out why are you commenting and de-ramping? Seems like you want back in…

[juju44] 13/12/2021 12:32

Yep , fortunately not as low as this

[geotrav] 13/12/2021 12:12

Do try to be constructive, you can’t even justify your deramping comments juju44

What actual information can you charge on this, or is this just your usual negativity on a company you know nothing about?

I guess you got burned somewhere along the line, bought high, sold low…

[juju44] 13/12/2021 11:49

Sub zero approaching

[the skipper] 10/12/2021 12:12

For balance here is the timeline for news from the recent presentation:

UPCOMING NEWS FLOW
CAMEROON
Bibemi
Phase 2 diamond drilling results from Bakassi Zone 1 – Q4-21 Results from soil sampling at the Lawa prospects – Q4-21 Commencement of IP survey – Q4-21
Wapouzé
Results from follow-up programmes – Q4-21/Q1-22
CLP
Completion of semi-regional sampling over priority 1 zones in eastern licences – Q1-22
Results from Pilot Area within that programme - early Q1-22
Commencement of mapping and stream sediment sampling at the western CLP licences – Q4
SENEGAL
Results from the 401m diamond drilling at Madina Bafé and 2,160m RC drilling at Faré – Q1-22
Continued infrastructure development at IAMGOLD’s neighbouring 2.5Moz Boto gold project
Diamond core logging at Bibemi, Cameroon

It’s all about the future, not the past, and Shard Capital have a very positive view about the future here:

[luckyabbeygale] 10/12/2021 11:47

39m options at 0.10p with no performance conditions. That's got to hurt, and maybe why we had the 6m sell showing up after close yesterday. Since I cut my losses on Vast at 4p. It is now 2p to sell. I would expect a similar performance here.

[broken_arrow1] 10/12/2021 11:07

Premiums being asked for reasonable size right now, it does seem the overhang has cleared, the seller was obviously distressed based on prices received well below market rates at the time.

Such events usually offer nimble investors the chance to get in on the cheap, often price reversals after such events can be dynamic.

[silverspoon2009] 10/12/2021 07:55

Took 2m yesterday, the 2nd tranche was hard to get, I see this turning up based on upcoming news-flow, it's hideously oversold + I think 2022 will be a far better year for the mining juniors.

They have enough cash to last into Q3 2022, & one would hope they will have success in either selling assets or recovering the £1.25m they are owed in Turkey next year.

[scalpface] 09/12/2021 14:35

Lovely rounded bottom too... should continue upwards from now

[broken_arrow1] 09/12/2021 08:38

The book turned positive late PM yesterday, the seller seems to have cleared.

Technically the shares are oversold on the RSI as well.

[the skipper] 07/12/2021 19:54

I see Tim Livesey is participating in this event next week:

Might be timed to co-incide or follow the release of some drilling news.

[dogsoggy36] 07/12/2021 18:45

Totally crazy to sell at a loss especially at 31p.Loads of news coming in Q4 and Q1.Where are you going to make up your losses on other stock when most of the markets are struggling.

[the skipper] 07/12/2021 16:38

Indeed it was. Looks like the bottom is in to me and you have to pity whoever sold at 0.31 today with the news which is to come.

[luckyabbeygale] 07/12/2021 12:17

This is why I am out at 0.35p. Would of had no margin left at this price.