Oriole Resources Share Discussion Threads

[sclper] 10/11/2022 15:10

Shareholders have driven the share price down to very low levels. It should recover quickly now the fundraise is out the way and the rainy season over. The move up in the gold price should also help increase interest. Good time to load up at the moment at around the placing price as the risk/reward is very favourable now

[nico115] 10/11/2022 15:00

I mean they participated in this placing to a bigger extent than past ones and screwed over existing shareholders like me who had continually provided them with cash to survive No loyalty ,disgrace

[geotrav] 10/11/2022 14:50

“take out stock for themselves”?

You mean they’re working for zero salary and taking shares instead, so the company cash is retained for exploration…

I think you’re a bit confused nico115.

[nico115] 10/11/2022 14:22

Management here is a disgrace Stuff shareholders at higher levels then at multi year lows leave loyal supporters out and take stock for themselves They're a bloody disgrace.

[observer007] 10/11/2022 12:33

Here is the link to the new interview, as I post I noticed the market size (to buy) is reducing, one suspects a few investors see value at current levels and are buying in.

[geotrav] 10/11/2022 10:51

New interview on proactive.

[observer007] 10/11/2022 09:29

The multi bag rise to around 2p in February 2021 was generated on takeover activity in Senegal with a number of licences being acquired by majors for $100's of millions.

Barrack have been building ground close to ORR and speculation on Hotcopper suggests that nearby Chesser Resources could be bought out.

One wonders how committed Iamgold (ORR's JV partner) are in country, Barrack have recently acquired a JV from them in location, if Barrack are building their licence ground they would not want a minnow like ORR involved, so ORR's stake is worth MUCH more than the entire market valuation of £3.5m IMO.

Now funded for some time I expect ORR's share price to recover, worth noting that minnow Chesser are still valued at £20m, their ground in Senegal is 5 times smaller than Orioles !

[1_dma] 09/11/2022 16:34

corby i can see 0.095p but not 0.009p that is too low for what is on offer - overhang should be cleared by mid december and may get get some interest then around those prices.

[corby 04] 08/11/2022 16:38

Im calling 0.09p as the new bottom here, watch the buys come in when offered, another 1-2 weeks of offloading then its game on.....there will be quite a few folks on the sidelines waiting for a dip below 0.10p to enter imvho

[bo doodak] 07/11/2022 12:12

Observer, apologies, having checked it would indeed appear my recollection was incorrect. Strange how the passage of time can influence ones memories.

[m1sterx] 07/11/2022 07:50

Those that swim against the tide could do very well here.

Looks like the city spivs are about to turn turtle.

[observer007] 07/11/2022 07:03

There has never ever been a consolidation by Stratex or Oriole end of, check the ORR website if you do not believe, it has every RNS issued by both STI and ORR om it.

[bo doodak] 06/11/2022 23:14

Geotrav, I recall the previous incarnation Stratex using this tried and trusted method of reducing the shares in issue when they get out of hand. Although mgt have changed, its quite likely to happen imo, so a risk to bear in mind.

[wealth_creator] 06/11/2022 12:55

The time is approaching to buy these minnows - many are valued as option money - most have been shorted down by supposed 'friends of the company' - the city works in mysterious ways - placings close naked shorts - upside will come when least expected !

[geotrav] 06/11/2022 09:24

Bo Doodak, have they done a consolidation before? I don’t remember seeing that.

Do you have a date / RNS link to it, would be interested to see what they’ve done previously.

[bo doodak] 05/11/2022 23:07

Must be looking at a share consolidation again at some point soon

[broken_arrow1] 04/11/2022 08:32

Looks like the worm is turning, IG want a premium for just £4500 of shares currently, earlier this week you could buy £50,000 worth below offer.

[terminator101] 03/11/2022 10:33

Dump dump dumppity dump.

[terminator101] 02/11/2022 13:07

Hardly petulant mate. It's not like I've just appeared on this thread today is it? I've been calling out this lifestyle pish for over 2 years

[bspgamer] 02/11/2022 12:50

2.7 billion shares in existence is disgraceful

[geotrav] 02/11/2022 12:28

Oh dear, that old trope again…. You’re sounding like a petulant child.

Have you chatted with the directors abut this? There is an email address on their website i believe.

[geotrav] 02/11/2022 11:51

Why would anyone sell at these lows?