Oriole Resources Share Discussion Threads

[avsome1968] 05/1/2021 09:22

Still more buys than sells coming through MMs must be short

[jaspoland] 05/1/2021 09:09

I think the 2 10million trades about a week ago was a big clue on where this is going

[tomboyb] 05/1/2021 09:07

Looking very good this morning -

Acquired some yesterday -

[avsome1968] 05/1/2021 08:58

Max you can buy online 40 k at the moment demand is there think MMs want more shares pre results all looks good.

[avsome1968] 05/1/2021 08:54

gold will be over $2000 before results way things are going any sniff of exceptional results this will be near 1p than 0.6p we shall see. AV

[the stigologist] 05/1/2021 08:43

Bit heroic to think 1p pre results

Big resistance at 0.6p

That is what gives me hope for bigger breakout when it does come possibly into 2-4p range depending on exact results

[drago] 04/1/2021 12:17

hope so, hate the way this retreats to its comfort zone at sub 0.4p

[the skipper] 04/1/2021 11:54

Well the sector is on fire and it looks like ORR's going off on another powerful run so I think we might certainly see the 0.65 resistance tested prior to drill results.

[avsome1968] 29/12/2020 18:44

Volume starting to tick up we have a good chance to see a penny before the results then if results on drill are exceptional ?

[nico115] 29/12/2020 18:01

With gold prices here what's your 3 month price target here ?

[the skipper] 29/12/2020 16:48

Indeed it was GP and we have ended up with a large bullish engulfing candle on the chart. I have no doubt that patience here is going to be very well rewarded.

[gamesplayer] 29/12/2020 13:33

Pre-Xmas pressure continuing - nice to see. Fingers crossed this is the beginning of a re-rating to catch up with the peer group (and then keep on going with results).

[gamesplayer] 24/12/2020 15:59

Two 10m buys yesterday posted

[the skipper] 23/12/2020 15:59

My level 2 is back up and running now and I can see that there was some skimming of profit since I last posted, but the last three trades have been buys so we are slightly up on the day currently, but not enough to excite the market makers yet as its 5 v 5 as it stands, so slow and steady it is!

[gamesplayer] 23/12/2020 10:00

Skipper, thanks for trying.
I also saw the small tick up.
I feel it is all beginning to align for an excellent Q1.
Can't help but think that this could move quickly again (like the spike), but I would prefer slower and steadier, myself.

[the skipper] 23/12/2020 09:50

Morning GP. I'm afraid my level 2 platform is not launching at the moment so there must be a glitch in the system somewhere, but I can see from the trades tab that we are rising on good volume, which is all to the good.

In fact the volume reminds me of that big move north we had in October, although this time with decent drilling news we should expect to see a higher peak.

[gamesplayer] 23/12/2020 08:07

Skipper, how is L2 looking? Would be good to have another tick up before Christmas...

[ssrmb] 22/12/2020 12:48

Aye aye Skipper, hugely undervalued, will come good at some point soon.

[the skipper] 22/12/2020 10:46

Yep, nice news from left field this morning and another tweet just now:

"At the adjacent Assaleyta project, Phase 2 drilling for a planned 1,000m diamond drilling and 1,600 RC drilling has begun, following the construction of a camp, access routes and drill pads. $ORR expects results from both projects in Q1-2021 #gold #ORR"

4 v 1 on level 2. I think this will take off like a rocket in the new year, if not before.

[ssrmb] 22/12/2020 07:47

Forgot about that one....

[gamesplayer] 21/12/2020 13:34

Sorry - we did know (just seen The Skipper's post back in November).

Anyway, at least they are reminding people.

[gamesplayer] 21/12/2020 13:31

Twitter re Iamgold at Senala:

Did we know about the additional 5,000 and 1,000 m of drilling?

[the skipper] 18/12/2020 13:20

Good stuff ssrmb. 4 v 1 on level 2 so it looks like another tick up will be coming our way shortly.

[ssrmb] 18/12/2020 09:18

Chesser has grown the scale of its Diamba Sud project in Senegal after extensional drilling intersected high-grade gold.

Top results include 6m at 5.6 grams per tonne (g/t) gold from 110m and 6m at 5.44g/t gold from 96m in the same hole at the Eastern structure and 15m at 3.39g/t gold from 117m and ending in mineralisation at the Western structure.

Hits above 5g/t gold are generally considered to be high-grade.

Chesser Resources (ASX:CHZ) says the results identify and confirm the two high-grade gold structures over a 250m strike length.

Diamba Sud is right next door to Barrick’s Bambadji joint venture with IAMGOLD and sits within prolific but underexplored Senegal-Mali Shear Zone, which hosts giant mines such as the 18 million ounce (Moz) Loulo-Gounkoto mine and the 7.6Moz Fekola mine.

In addition, drilling within the existing Area A footprint has also returned high-grade intercepts including 4m at 10.67g/t gold within a broader zone of 12m at 3.86g/t gold from 14m, 8m grading 6.81g/t gold from 95m and 4m at 7.35g/t gold from 80m.


Results from initial Area A drilling, showing selected significant results Pic: Supplied
A further two drill lines testing the southeast extension of Area A have also intersected alteration and sulphides in the host structure towards the Bambadji JV.

“These new results continue to grow the scale and improve our understanding of the structural controls of this significant gold discovery,” managing director Mike Brown said.

Further assay results are pending from the Western Splay target, Area D, the anomaly located between Area A and D, the additional holes planned at Area A and a line of holes on the southeast extension of Area A near the tenement boundary.

Read: Barry FitzGerald: Two minnows that could be ready to join the ‘gold party’ on the ASX

Chesser first discovered Area A in 2019 after carrying out auger drilling to define the anomaly.

Initial results had delivered shallow, thick and high-grade results such as 18m at 5.61g/t gold from 6m and 21m at 6.62g/t gold from 53m.