Oriole Resources Share Discussion Threads

[itsmyshares] 12/12/2022 11:15

I just bought 900,000 shares on IG spread bet.

[sclper] 12/12/2022 10:57

bspgamer would do better to devote his energy into trying to revive EEE ;-)

[geotrav] 12/12/2022 10:25

Bspgamer, clearly a very sore loser and a massive deramper.

It’s laughable really, he/she has absolutely no clue what they’re talking about.

[bspgamer] 12/12/2022 10:15

Fully funded for 2023 with 600k are you having a laugh, they are exploration company that's burn rate is more than 600k a year. You need to wake the fuxk up pmsl

[sclper] 12/12/2022 10:10

They already did a placing about a month ago and they stated they are fully funded for the fieldwork in 2023

[dogsoggy36] 12/12/2022 10:09

They are FULLY funded for 2023.Stop clutching at straws and do your research.

[bspgamer] 12/12/2022 09:55

So you don't think they are trying to get a placing done here ?

[dogsoggy36] 12/12/2022 09:38

We are just flushing out those 6 to 10% profit makers.Yes that is correct the potential now on is certainly exciting going into 2023.You are either in for the long term or out after making a few pounds already.

[sclper] 12/12/2022 09:37

bspgamer - It's a shame you are trying to deramp ORR and didn't buy back your shares in the company.

The maiden JORC is an excellent result for ORR and illustrates how undervalued it is currently.

For comparison, Empire Metals announced a maiden resource at its Eclipse project of 92,913 tonnes at 2.25g/t for a total of just 6,706 ounces of gold and that wasn't even JORC compliant. The maiden resource announced today by ORR is 45 times larger than at Eclipse plus it is JORC compliant!

People in glass houses shouldn't throw stones ;-))

[the skipper] 12/12/2022 09:31

Make no mistake, this puts ORR firmly on the map as a come and get me for the majors and you’d have to be barking mad to sell ahead of tomorrow’s corporate update and Investor Meet event.

[bspgamer] 12/12/2022 09:22

Make no mistake there will be a placing lined up for mug punters. 600k don't last long

[broken_arrow1] 12/12/2022 09:07

A number of online brokers are 'at best' on just £1500 of shares currently.

Possibly large buy orders being filled, the chart looks good for a run back to .17p/.18p range.

[flughafen17] 12/12/2022 08:32

With all the other assets and monetary claims + JV with Iamgold & 1st mover in Cameroon this is a £30m company selling at £3m

[aussiebeach] 12/12/2022 08:24

Taking the gold resource announced today combined with the resources reported in Senegal I estimate they are worth close to $20m or £16.2m

ORR is currently valued circa £3.25m

[terminator101] 12/12/2022 08:22

Hopefully this mini spike lets a few out from this lifestyle pish.

[observer007] 12/12/2022 08:13

It is worth noting that the resource notified today is only a small fraction of the respective licence.

Taking a very conservative valuation $25oz (in the ground) the maiden JORC gold resource would be worth $7.75m - twice ORR's current m/cap !!

[sclper] 12/12/2022 07:12

4.3 million tonnes grading 2.19 g/t Au for approximately 305,000 oz Au is an excellent result for a maiden JORC resource. Shareholders will be very happy with that. There is huge scope to build on that with so much of the licence unexplored

[bspgamer] 12/12/2022 07:04

They have obviously spent that 600k already and the begging bowl is out again. Mug punters

[aussiebeach] 09/12/2022 12:25

The valuation anomaly to peer Chesser Resources in Senegal continues to be striking, they are valued at £25m despite having a licence area of 1/5th of ORR - ORR is currently valued at £3m

Chesser Resources have made excellent gold discoveries only a stones throw away from ORR's Fare licence.

It can only be a matter of time before ORR gets taken out or some other corporate action drives significant value creation from current levels.

[geotrav] 09/12/2022 10:53

Farrero it seems you’re confusing the old bod with the new bod.
Check out the press, they’re not at all like the old bod…

[bspgamer] 09/12/2022 10:18

Somebody taking sense for once

[tightfist] 09/12/2022 10:10

Farrero; if you are referring to the old Stratex BoD (Addison, Englebrecht) I agree wholeheartedly. IMO this new ORR crew are very different and doing a lot of good things to progressively turn the ship around.... Let's face it they inherited a pretty dodgy hand....and beaten-up sentiment and share price