Oriole Resources Share Discussion Threads

[luckyabbeygale] 09/10/2024 10:56

I just gone in for more since can sell 42 grand at a premium.

[broken_arrow1] 09/10/2024 10:46

Chart looks good for a run into the mid .40p's

Very little stock on offer, most online platforms are 'at best'

This years high was .57p.

[thecoyone] 09/10/2024 08:55

I have been very critical of this company over the last decade but this new team are like a breath of fresh air, no more bull, bluster and broker promises but clear concise direction backed by their own hard cash and a determination not to dilute moving forward.

The tenements in Cameroon look outstanding, potentially world class, it also looks like they are building strong relationships with the Government which could lead to financial support.

I have been building a position here, my belief is ORR could be the next GGP, the current market valuation is farcical.

Even at 1p a share the company would only be valued at £40m.

No wonder it is becoming increasingly hard to buy around current levels !

[luckyabbeygale] 09/10/2024 08:19

Time for another top up. Watch out for my AT trade.

[aussiebeach] 09/10/2024 07:28

Remember what the CEO said recently...........


'The Board is convinced that the assets of the Company are significantly undervalued by the market'




Can see this moving through .40p and most likely will end above .50p by end December, of course if they announce any deal by way of a JV etc the shares will fly past those levels.

[luckyabbeygale] 09/10/2024 07:13

There we go done. Another 8,500 only shows as a 250k AT buy.

[luckyabbeygale] 09/10/2024 07:11

Just watch out for my AT trade since a spread bet is almost the same price to a fully bought trade right now.

[luckyabbeygale] 09/10/2024 07:09

I can currently sell up to 41 grand at 0.3322p. That means I should be buying another million once the spread is tight enough.

[luckyabbeygale] 09/10/2024 07:04

While such a placing was only one months cash burn to Hemo.

[luckyabbeygale] 09/10/2024 07:03

If Oriole did what Hemo did last week then we be up 200 percent. As Oriole needs a placing at a 200 percent premium to show confidence.

[luckyabbeygale] 09/10/2024 07:01

Good job I got out of HEMO back in March or I now have nothing left.

[observer007] 09/10/2024 06:57

Oriole have held further meetings with the Cameroon Government over recent days, one does wonder if the Gov may offer financial support to Oriole either to assist them in mining affairs or even by taking a project stake via various means.

ORR has 1st mover advantage in Cameroon, it would make perfect sense for the Government to get involved, if this was the case it would be a game changer for the company.

The share price has been building strength but the company remains materially undervalued given it is a main player in the Cameroon gold space, It has a material licence position, one of the largest in country.

The shares look cheap.

[abudhabi123] 08/10/2024 22:30

I don't think anyone here is interested in your personal finances!Very best of luck!

[abudhabi123] 08/10/2024 22:14

I don't think anyone here is interested in your financial status!Best of luck!

[arlington chetwynd talbott] 08/10/2024 21:15

Please stop.

[luckyabbeygale] 08/10/2024 15:44

My money is certainly gone compared to what I had and I do not know for sure how much I spent on myself this year.

When Oriole rise to over 0.6p I should just forget about the past and how much I could of had.
I did spend about 30 grand this year on just socializing and I did get up to 180 grand in February and back down to 4 grand at its lowest point.
You can see how it will be one heck of a ride for me once we are past 0.6p.

I have a friend who is waiting for 20 grand inheritance from his dad and he will put in 20 grand and hopes to get them around 0.35p. By the time it comes no doubt he be paying a lot more for Oriole.

[juju44] 08/10/2024 15:35

You wouldnt by chance tell the occasional porky

[luckyabbeygale] 08/10/2024 15:32

Lets hope they are right on what they are saying over on the LSE or all my income for my rest of my life will be spent on Oriole.

[luckyabbeygale] 08/10/2024 15:29

Yes that is right and 3 times they hit me hard falling to 0.27p or less.

[juju44] 08/10/2024 15:28

You mean you took the advice of a poster !!!!!!

[luckyabbeygale] 08/10/2024 15:26

because we was promised over 0.4p to sell by a few different posters here, and each time Oriole failed to get to that.
I now have 24 grand left after having been on my last 4 grand and having to borrow 4 grand.

Luckily this time round we will see a price of over 0.5p before the year end.

[juju44] 08/10/2024 15:25

Why do you keep doing it

[luckyabbeygale] 08/10/2024 15:21

Oriole need to make a decent move up since I have lost 12 grand in a year just on interest alone and every time it has been volatile I loose a good chunk of my position.

I am 40 grand worst off compared to when Oriole was this price back in June.

[juju44] 08/10/2024 15:18

These fraction of a fraction of a penny are so boring . When is this dog going to give us a worthwhile move