Orogen Gold Share Discussion Threads

[valentine] 23/12/2016 15:50

I could not talk my investment down any more if I tried. Is there any poss of a reverse in direction.. anytime. Anytime soon?

[hazl] 23/12/2016 12:35

What a strange person you are,talking down your own investment.
Never known anybody quite like it.

[discodave4] 22/12/2016 21:27

Haha the ramper has nothing to ramp anymore, sold up at 27p, initial stake was £1, never mind, can't win them all.Good luck with your next duff investment.DD

[hazl] 22/12/2016 20:26

You haven't got enough to do mate!

[discodave4] 22/12/2016 19:54

Looks like hazl the ramper has sold up today:2,000 @ 0.0135 = 27p.DD

[valentine] 22/12/2016 17:03

Cheap electric s. How far from Silverton?

[discodave4] 22/12/2016 09:29

Don't know why mm's have a 33% spread on this.........if it's to put buyers off they needn't bother!

[valentine] 19/12/2016 13:38

Top up time eh?? Har har.. £1 by Xmas.. for my holding

[hraj] 19/12/2016 11:38

another new low.. ffs.. its murder.

[discodave4] 16/12/2016 18:55

68 million sold.Unless news on Silverton this will not last much longer......the BoD will have already hibernated for the winter.The rampers have probably sold up too, hazl et al.DD

[hraj] 16/12/2016 15:40

14 million shares sold at 15:20.. hmmmm

[knowing] 15/12/2016 14:10

Is that the seller out then

[hraj] 15/12/2016 09:03

Orogen Gold (ORE.L, 0.02p) – Speculative Buy
Orogen Gold announced yesterday results from its 2016 drill programme at the Mutsk gold project in southern Armenia. All assays have now been received for the 2016 step-out drill programme with the final two holes drilled at 200m and 400m respectively to the north of the previously defined North Gold Zone. The purpose of these holes was to test for continuity of mineralisation towards the north. Drill hole OG16-59 intercepted several meters of hydrothermal alteration including a gold-bearing zone grading 0.35g/t over 4.5m. Hole 16-60, drilled further to the north, failed to return any significant gold values. Overall, based on the 2016 drill programme the strike length of Mutsk has been increased from 0.5km to 1.3km and remains open towards the south and the east.

Our view: Whilst the final drill results for the 2016 drill programme are far from spectacular in terms of gold intercepts, they have served their purpose by defining the northern extent of mineralisation of the North Gold Zone. We note that the deposit remains open towards and east and to the south. It is also worth noting that Mutsk is located only 30km from Lydian International's 5Moz Amuslar gold deposit which recently secured financing for the US$420m project. We look forward to updates on the Mutsk geological model as well as the 2017 programme to explore further extensions and a JORC-compliant resource estimate. In the meantime, we maintain a Speculative Buy on the stock.

Beaufort Securities acts as corporate broker to Orogen Gold plc


WHEN Beaufort start recommending then be wary.. they just did the same at fcr where there was news this week that they are raising cash at 0.2p.

[discodave4] 14/12/2016 19:32

A JORC doesn't automatically mean someone will JV.Lydians Amulsar has been going ten years, it's still open in all directions and they have only recently secured funding to go into production - ORE will not survive for 2 years let alone 10+.Silverton has to come good here IMO otherwise it's curtains.DD

[sleveen] 14/12/2016 13:12

raj

At least 2 years.

The spacings are very wide and will need a lot of infill drilling (funded by who?)for even an inferred JORC resources.

[rajaster] 14/12/2016 12:29

How quick can they jorc and jv mutsk.. Get some much needed cash.

[discodave4] 14/12/2016 12:27

Booooom...grades nothing spectacular, same old same old really.The sooner this folds and we stop funding these idiots the better.Guess no rampers today.DD

[sleveen] 14/12/2016 11:42

The recent drilling has given an indication of the potential scale of the project. Orogen will now use the winter season to update and refine the deposit model as well as planning the optimum route towards resource definition. Shareholders will be kept informed of advances over the coming period




So plenty of infill drilling to do.

Funded by more placings.

[discodave4] 13/12/2016 19:34

Dilution coming!........await the 0.0249'ers again.DD