Oriole Resources Share Discussion Threads

[observer007] 08/4/2024 05:52

Talk is ORR could attract new tax year buying this week, no reason why not with the shares in uptrend and the company well positioned to deliver significant value from their gold licences.

[highly geared] 05/4/2024 18:02

Need a mania in small cap goldies , as per 2008-10 to get ORR to say £100m market cap, whilst quietly exiting stage left ..

[aussiebeach] 05/4/2024 11:08

The wide spread and inability to buy size online suggests they are struggling to hold this back, the share price hit .57p in January remember.

ORR's gold assets/licences have become a whole lot more valuable with the gold price surging, it will also make it far easier to secure more JV deals.

On the other hand ORR could easily be taken over by a major or mid cap.

The share price will continue to uptrend therefore.

[broken_arrow1] 05/4/2024 10:43

Book is still very strong, looks like a return to the mid .40p's looks on as a 1st target.

A number of platforms it is NT or 'at best' to buy ORR currently.

[juju44] 04/4/2024 18:51

Thing about explorers , you never know what nice surprise they might come up with

[highly geared] 04/4/2024 17:55

Well, 7p gets me back to my purchase price c14 years ago 🤦‍a94;️😂🤦‍a94;️. If it’s gets to 1.5p I’ll crystallise the loss.

[logica2me] 04/4/2024 15:29

Me too. Always room for a few more until we get to 1p

[juju44] 04/4/2024 15:25

Bought some more . Shed is now full

[logica2me] 04/4/2024 15:15

Breakout already in progress.

[luckyabbeygale] 04/4/2024 14:10

I want increase my cfds with every bit of profit I am making. However it is now refusing me to AT the price to 0.32p. If I achieve this then we have a breakout.

[broken_arrow1] 04/4/2024 13:23

The book is exceptionally strong currently, only 500,000 left at offer price then it moves up.

Earlier IG were not offering quotes on ORR.

A breakout looks imminent.

[luckyabbeygale] 04/4/2024 12:37

Better to sell shares to buy on cfds that get the price to match the asking price. I have managed to increase by over 20 grand over the week and last week by doing this.

[luckyabbeygale] 04/4/2024 12:30

Loving being incharge of the actual price and watch me AT this later after the bid rises x

[broken_arrow1] 04/4/2024 08:33

IG are all over the place with their prices in this stock currently, at times they block buying, there must be a background buyer or they are trying to fill limit orders.

The book remains strong, good luck if you are trying to get any.

[aussiebeach] 04/4/2024 08:03

Weight of money will arrive here next week, new tax year buyers.

No wonder the market makers are wary.

[broken_arrow1] 04/4/2024 07:27

Book is strengthening strongly behind the scenes, they now want full offer for just £10k of shares.

Very positive.

[observer007] 04/4/2024 07:12

They are trying their hardest to deter buyers with a wide spread, online buy limits reduced or cut off entirely.

This is a good sign, means their supply of stock is thin, we all know what that means.

Intraday high in late January was .57p

[one2go] 04/4/2024 06:48

Coiled spring here, a run into the mid .40p's looks imminent.

[aussiebeach] 03/4/2024 14:38

Took some more this morning, what's not to like, gold through $2300oz makes all of ORR's licences more valuable.

I reckon their stake in Senala is worth twice the current market cap alone.

Goodness me why are folks not piling in here ??

[observer007] 03/4/2024 11:19

It's poised for a decent move up IMO, ORR has been mentioned across X for a number of weeks as a potential multi-bag opportunity, only a matter of time before the herd arrives, might also see some new Tax Year buyers from Monday next week.

I have no idea what is going on with the market makers, it does seem nigh impossible to buy in any real size.

Anyone wanting in would be best advised to place limit orders or go for smaller size which they are obliged to trade at, normal market size is supposed to be 1.5m shares but that is tosh currently.

I can see this back in the .40p/.50p region soon enough.

[juju44] 03/4/2024 08:49

The share price activity is weird . What are these MMs at

[luckyabbeygale] 03/4/2024 08:30

Can sell up to £40,400 at 0.277p.
For £1,000 the sell price is hardly over 0.27p.
Why offer way more for a huge amount of shares?
We must be expecting to race past 0.3p in this case.

[thecoyone] 03/4/2024 07:19

As expected my limit order at .28p was rejected yesterday, let us see what today brings!

It seems as soon as you place a limit order on the book they raise the price not to fill it.

Very frustrating.

[broken_arrow1] 03/4/2024 06:51

Been reading the commentary on the share price action, it appears there is a background buyer possibly of scale, IG were all over the place yesterday on the offer, three times during the day for periods of time it was not possible to trade ORR, other times they were quoting a large premium for just 1m shares.

It does look very positive moving forward therefore.

Will keep checking and reporting accordingly.

[observer007] 03/4/2024 05:11

Gold now $2280oz.

This has to be one of the best juniors on AIM in the gold space, massive ground in Cameroon and look how much the value of Senala in Senegal has risen.

ORR could quite easily become a £100m+ company.

With no fears of dilution and more JV deals likely the share price can only go one way.

Yes thy will make it hard to buy but surely that is a good sign.