Ormonde Mining Share Discussion Threads

[12vic] 11/8/2017 09:50

I'll bags 70 Dolores .

[dolores123] 10/8/2017 22:23

Well perhaps we should agree to stagger cashing in at 40 50 60 70 etc. Lol ha ha ha.

[micnoc2015] 10/8/2017 16:50

I have just over 1 mil of these shares. Great to see some movement in the right direction, but I am not getting excited until it gets over my average. I am a little concerned about the volume of orm shares that change hands, I am hoping that they won't be illiquid when the time comes for me to cash in. I expect that quite a few of us will try cash in at the same level which won't help. That said if ormonde start production next year as planned and the price of tungsten continues to rise the <10 million market cap will be distant memory and probably a lost opportunity to increase my holding. Onwards and upwards towards a 30 to 50 million market cap for ormonde....

[12vic] 10/8/2017 15:12

Good day so far.
Volume seems to be building. Never understand the small trades though for instance the 600 odd shares just traded.

Tungsten quote holding today
Tungsten APT European US$240-248/mtu vs US$230-235/mtu

All in all very pleased.

[steelwatch] 10/8/2017 12:49

Nice to see us on the leader board:

[terropol] 10/8/2017 11:34

Kerr ones told me that the mine would make money at $250 tungsten. well price about there now...sentiment should change here.

[dolores123] 10/8/2017 11:09

It's on the move!!

[dolores123] 10/8/2017 09:15

Share price rising on low volume now!!!

[12vic] 09/8/2017 19:41

The last trade today for a million at 2p suggest the above might start to change soon though.

[12vic] 09/8/2017 19:38

Can't agree more Steelwatch.

Dolores I have just over 1.1 million , so we're at 3.5 million , roughly 0.75 % of stock.

I'm sure there are holders on the board that could make the difference up to 1% if not more.

The insti's have been away for some time so much of this stock has been snuffled up slowly at low prices by private investors.

[steelwatch] 09/8/2017 19:16

buywell - don't think you've done any research.

[buywell3] 09/8/2017 17:48

FWIW

I have been there with developing mining stocks

Only a very few investors make money

I did ... but that was because GOLD was on the up and it was early doors so you could just about throw a dart at a list of junior mining gold stocks and not miss

These things gobble up cash like no tomorrow ... I recommend looking at stocks that are just about to go into profits .... and not miners

Commodity prices are now controlled by the big banks , little guys that think different become cannon fodder in the market manipulation of prices that bare no relevance to what the news or papers or TV stories say. So you get caught out long when they go short.

[dolores123] 09/8/2017 17:37

Well I now have a smidge under 2.4 million shares. When the share price was dropping from 5 or so I sold about 900k but have rebought that amount at less than 2p.

[terropol] 09/8/2017 15:38

12vic, with 472,507.483 shares outstanding...we need to have several millions to make it worth talking about it....

[12vic] 09/8/2017 13:55

Another small move in the right direction.

[12vic] 09/8/2017 13:52

Dolores got to ask how many have you got now . Just wondering if we can make a few % of the company on the board?

[dolores123] 09/8/2017 13:03

Just bought another 100000 at 1.8

[terropol] 09/8/2017 12:54

Steelwatch, left the price to you.... ;-)

$300 next.....

[dolores123] 09/8/2017 12:43

Excellent news. Should help the share price. Onwards and upwards.

[steelwatch] 09/8/2017 12:23

Beat me to it Terrapol.

Tungsten APT European US$240-248/mtu vs US$230-235/mtu

[terropol] 09/8/2017 12:10

Tungsten knocking on the $250 door.....

[12vic] 08/8/2017 13:34

Bit of movement today. Good to see 500,000 just went through at 1.7 . Chinese have published expectations of a further tightening of domestic supply through August.
Even a few dollars movement makes a big difference when your looking at 260,000 MTU a year with potential of 360,000 on a 7 day week .

[dolores123] 08/8/2017 13:33

Hey hey Ormonde is on the rise!!

[12vic] 07/8/2017 20:03

Many thanks Steelwatch

[steelwatch] 07/8/2017 13:54

...squeezed in above. No left scale unfortunately, but it works! Also, click it for further information.