Orosur Mining Share Discussion Threads

[grimreaper2019] 23/2/2021 22:23

When falls like this occur one can expect a material bounce, based on the technicals it is oversold, some recovery can be expected tomorrow IMO.

[hasago] 23/2/2021 18:23

Is this share gonna keep falling?

[geko5trade] 23/2/2021 13:40

I didn't mention the 200 day MA or 15p as I'm sure you know.

[freefall3] 23/2/2021 13:33

How is your rising trend Geko5trade looks very much like a downward fall to me. I think you are right about the bounce off the 200 day average at around 15p.

[drago] 23/2/2021 12:51

seen it all before , price goes up , price goes down.
not a problem if you believe in the story and management and your not forced to sell.

theyre bring in a 4th rig ffs...

[allstar4eva] 23/2/2021 12:49

There was too much hot money here. Just cooling off and taking short termers to the cleaners possibly...

[allstar4eva] 23/2/2021 12:45

What I have I'll hold.. will see how this plays out. Very early days here

[dealer55] 23/2/2021 12:28

Only if you sell.

[allstar4eva] 23/2/2021 12:22

The market giveth and the market taketh away!

[cashandcard] 23/2/2021 10:17

Highly Geared,


True to some extent - but the grades were not shabby. I was expecting lengthier intercepts given they are targetting the bend with the right orientation. But it will probably take more than 4 rigs eventually to properly understand the immediate geology of the structure. I think we'll get monthly newsflow which is good enough for me.




Cash

[grapevine32] 23/2/2021 09:42

Those who sold will soon be buying back at a bargain price, standard day trader rules going on with a less than 10 month old plc listing. The price is too cheap now they have to buy back based on the margin of fall

[tradeforce] 23/2/2021 09:33

I got another 100,000 this morning at just under 26p,thoughtit was a bargain, but it has gone lower. Gold is back above 1800 again and expected to rise, so hopefully will drag us up with it. I don't think we will be down here for long(hope!)

[highly geared] 23/2/2021 09:26

The fall is due to the lack of long high grade intersections announced yesterday, with the disappointing results dressed up around high grade zinc. To get this back on track , they need better gold grade results. Some holes will always disappoint and with 4 rigs, they should be able to accumulate some decent results. It’s a long game here but yesterday’s RNS was underwhelming based on what’s been previously announced..

[cashandcard] 23/2/2021 09:22

I am not sure I agree with that - I think the newsflow will be pretty regular here. Those rigs cost money and they will not just be sitting around. Definitely a buying opportunity.


Cash

[shirley83] 22/2/2021 18:38

There is no news to come for a while. Of course it drops. Its a buying opportunity for LTH.

[mark of the rushes] 22/2/2021 17:40

Price action possibly linked to IG spread bet margin changes.

[trad3m3] 22/2/2021 16:58

Ufff what's going down....?? Haven't read the news yet... something I need to know? Anyhow next month will bring joy as can't get options I like for March :)

[cashandcard] 22/2/2021 16:13

Very disappointing price action today given the continued progress they are making and clear indications of a significant deposit at Apta. Gold and VMS style mineralisation confirmed and we get this markdown - traders very short sighted. It will be back up in time.

4 Drillrigs on the go, there will be regular newsflow here.


Cash

[geko5trade] 22/2/2021 15:21

If you want to talk about the chart you couldn't be more wrong freefall3. Yes it was overbought but it's about as clear a rising trend as you could find. It's gone somewhere back towards the bottom of that rising trend but that is a completely different thing to a falling trend.

[freefall3] 22/2/2021 14:47

This chart is beautiful falling like a stone.