Orogen Gold Share Discussion Threads

[discodave4] 01/10/2015 00:10

What profits!

[valentine] 30/9/2015 23:02

Beware false profits!

[discodave4] 30/9/2015 19:46

Correction - when I posted previously that investors would sell up if there was a placing, I meant PI's, not those privileged to have them at a discount.DD

[discodave4] 30/9/2015 19:35

And the dilution begins, didn't take chuffing long. But they do have extra wages to pay for - lose a NED and pay for another CEO.DD

[neilyb675] 30/9/2015 16:59

The Placing Shares, which represent approximately 32.7% percent of the Company's enlarged share capital, will rank pari passu in all respects with the existing ordinary shares.

[valentine] 30/9/2015 13:58

we are up 21%..cor blimey I am in profit. Cor!

[discodave4] 30/9/2015 12:48

Val,Would appear Mr Bird is highly regarded. Will see where we are in 6 months. DD

[valentine] 30/9/2015 09:39

Over 0.42p to buy now. Someone paying attention.

[discodave4] 30/9/2015 09:23

Val,No offence but explain what the options are for Colin.They can't define a resource JORC because that needs a lot of drilling which costs money they haven't got, can't do a placing as that would kill the share price and investors would walk. Could do another drill for equity, but DEM had shares at 0.2p was it, so doubt they would touch ORE with a barge pole, the may be some drilling outfit I suppose.IMV they need to offload /JV both Mutsk and Deli and move on, but as today's news states nobody wants to invest.What are the other options?DD

[valentine] 30/9/2015 09:05

My buy in as a sell. All sells today are buys..up 7%.

Come on colin

[discodave4] 30/9/2015 08:55

"Ok it was a high share price before". Says it all really.DD

[bsg] 30/9/2015 08:46

THR is a good example of drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...
drilling and placings ...

[valentine] 30/9/2015 08:44

What coils colin bird do with a world in recession? Ok it was a high spbefore. So were 100s of shates and crashed. Now the world wants platinum again. He is well connectedin the mining/extraction world, s'all. Get some.

[oilbuy] 30/9/2015 08:34

Looks like there could be a run today.

[rethemagic] 30/9/2015 08:32

Reminds me very much of African Eagle.Drilling but no light at the
end of the tunnel.I hold both by the way.

[discodave4] 30/9/2015 08:32

Val,You said he had brought JLP back from the brink, he was the one that put it there ffs!.DD

[valentine] 30/9/2015 08:26

Jlp were suppling the car industry with platinum. They are focussing on that now. Since 2009 there has been a fall odf in car sales. Colin's pruning saved jlp.
He would not join a co that is failing. Explins the 200m trades a couple of months ago

[sleveen] 30/9/2015 08:24

Says it all really:

Mutsk in Armenia has proved to be a potentially large, low grade gold discovery that requires a substantial exploration and drilling campaign to demonstrate the scale of the discovery and define a mineral resource to JORC or equivalent standard. The investment involved is substantial and in the current climate it may not be possible to raise the necessary funding to develop the project as our geological team would wish.


It will cost at least $6m and 5 yrs to define the resources.

How many placings will that take?

[bsg] 30/9/2015 08:21

Maybe if I offer to clean their offices I'll get some Warrants? Maybe 100M!

[oilbuy] 30/9/2015 08:17

He doesn't need to buy. He has 180 M warrants.

[turbotrader2] 30/9/2015 08:13

Colin will buy big here he always invests in his companies

[discodave4] 30/9/2015 07:50

Well they have been working hard since we last heard anything 7 months ago....... NOT.Yes JLP has turned lately but he's been there for a while and seen the share price go from 120p to 3.3p.A few more quid here for his retirement.DD