Oriole Resources Share Discussion Threads

[36jay] 18/7/2022 11:01

ORR Building up from crazy cheap.Huge JV update imminent.1p+ we can test again like last time.As tiny market cap and huge resets.

[broken_arrow1] 18/7/2022 09:21

Online limits are moving with premiums being asked for 1m+ shares currently (£2k)

The RSI is still significantly oversold, it was 26 and is still only 30.

If momentum continues to build it is not inconceivable to see the share price back to the historic well established range of .35p to .45p near term.

[geotrav] 18/7/2022 09:17

Observer007

Good point, well made.

[observer007] 18/7/2022 09:13

geotrav

AIM is a cruel place, when the pandemic was at it's height many inexperienced people took to the stock market thinking it was a easy place to make money, they were buying juniors whose shares were illiquid and they had no idea about valuations RSI's etc etc.

As a result if the above many have lost a small fortune and are now wary and scared however experienced investors are now returning to bombed out sectors and buying shares like ORR and others.

I think now is as good a time as any to get into anything that is well funded (like ORR) and has a stream of projects that could attract a suitor, Orioles Cameroon licence package could easily attract a mid cap or major, you cannot rule out a takeover for Oriole either IMO.

[geotrav] 18/7/2022 08:58

Observer007- you don’t think the BB hero’s have an agenda do you…???? Depress the share price, load up and then pump it?

Shock horror.

AIM is notorious for this, and though all the junior cap stocks are down at present, ORR appear to have suffered more than most from a small handful of individuals who like to play those games.

The question is (or should be): do you believe the team have the capacity to deliver and do you think the assets have the potential to deliver? If you do, buy and support, if you don’t - get out and invest elsewhere.

All these BB hero’s who post how bad they think the company is, yet still buy stock, are just manipulating the unwise / inexperienced investor.

[dogsoggy36] 18/7/2022 08:58

Totally agree Observer.Fingers crossed for a mega takeover.

[dogsoggy36] 18/7/2022 08:31

Indeed Broken Arrow.Expecting 22 RNS for the month of August (like we did last year) plus this was ramped up on the Sunday Roast pod.No reason why this can't go beyond the 1p mark soon.

[broken_arrow1] 18/7/2022 08:29

Early interest in ORR.

Only £5k of stock on offer then it moves, this was a popular/high volume stock with a high of around 2p in 2021.

[aussiebeach] 04/7/2022 12:09

Saw this on Twitter today, ORR down 91% from last years high, when this bounces it will be fast IMO.

The whole sector has been decimated.

[flughafen17] 01/7/2022 13:47

Now the placing is out of the way and they might sell that royalty I have taken a few, paid £2700 for shares that would have cost £28,000 back in March last year.

The floor has to be close, now down 90% from last years high.

[juju44] 01/7/2022 12:34

Can it go negative

[terminator101] 01/7/2022 12:21

Has it dropped below the placing price rampers? Who would have think it huh.

[observer007] 29/6/2022 17:03

CFO interview, sort of confirms possible sale of Muratdere royalty and suggests funds will last into next year.

[shujja1] 29/6/2022 13:54

.08 target its got to drop 50% + from this point cant see any cash coming in for a long time .

[highly geared] 29/6/2022 12:56

Chart is a train wreck. Best hope is a JORC at Senala and IAM buying Orioles stake. They need that to fund Bibemi in any meaningful way but to what end? The grades to date are pretty average to say the least with no long intervals at shallow depth.

[geotrav] 29/6/2022 10:55

That is a bit harsh, DYOR…

Fundamental asset base hasn’t changed (actually it’s improved as exploration has been successfully advancing and proving up their concepts).

If you’re a chart follower or a BB warrior and got stung into buying in on the hopes of a rapid ROI based on someone else’s ramping, then more fool you.

As with most investing, first trick is to understand the sector…

[observer007] 29/6/2022 09:27

You can bet your bottom dollar that this placing was forward sold, I noticed on the Twitter feed someone pointed out that the Relative Strength Index was at a 5 year low point, this means the shares are majorly oversold.

I reckon the price has floored and it will bounce, whilst the market is still poor some shares do buck the trend.

Maybe that royalty will be sold also, from now on I reckon the bears have had their day here, maybe the bulls will take over now ?

[bspgamer] 29/6/2022 09:02

Wow I remember selling at 1.96 and cashing in on warrants. How the hell has this dropped so bad?

[terminator101] 29/6/2022 08:18

They didn't mention who took the placing = the broker is going to dump them for the warrants.

[shortarm] 29/6/2022 08:05

With one for one warrants at a mighty .25