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HUM CEO updates on the Yanfolila Gold Project now fully funded. Watch here

HUM CEO updates on the Yanfolila Gold Project now fully funded.


Orogen Gold Share Chat (ORE)



Share Price: 0.0145Bid: 0.014Ask: 0.015Change: -0.001 (-6.45%)Faller - Orogen Gold
Spread: 0.001Spread as %: 7.14%Open: 0.0155High: 0.0155Low: 0.0145Yesterday’s Close: 0.0155


Share Discussion for Orogen Gold


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EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.0175
Damocles
11 Nov '16
Good post. Unfortunately. Lol.

I think we need to uncover nothing short of exceptional grades at Mutsk for the remainder of the project, as we prove it up. Can't say about Silverton as it still doesn't feel like our project to me, and I must admit that it has left me largely disinterested. Only because of the management of our Company and the behaviour of Bird insofar as him actually securing that 'handy' project. All too easy, requiring no real effort, particularly when considering the wages he is receiving,

As you say, looks like it's all a bit late in the day, certainly for existing shareholders. We are awash with too many shares, with what looks like more to come, barring a JV who would be willing to finance us in return for a percentage of future profits. Hence no further dilution.

Unlikely, in my view

Best wishes.
 
Damocles
Posts: 19
Off Topic
Opinion:No Opinion
Price:0.0165
View Thread (3)
Gold
11 Nov '16
It's difficult to be positive, isn't it?

Yet another dilution is on the cards.

The sad thing is, we could have a couple of decent mines here, but the billions of shares that are available just waters everything down to a 'doesn't make much difference' scenario.

I haven't done the maths, but what sort of news do we need to get the price up to, let's say, a very optimistic 0.5p?

Two tier 1 discoveries being proved up?

Whatever, it is all too little too late, and the BOD should be ashamed of themselves,

This company has been chronically mismanaged over the years, and I suspect nothing will change in the future.
EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.0165
Gold
10 Nov '16
Gold doing well yet we are really suffering. Doesn't seem either right or fair. Those 0.0249p buyers must feel as if they've been grossly mistreated, which they have. Duped.

Hoping the FCA is still monitoring the goings on here, particularly after those buys and the 0.015p placing price. Unfortunately it looks like we'll be needing more cash in the next few months, so good results from all step-out drilling or from Silverton are really needed now to get our sp up. A placing price lower than the last will be another nail in the coffin.

Best wishes all. Let's see what happens.
EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.017
COLI
9 Nov '16
Industrial flaming nipple clamps.

Howl.
EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.017
COLI
9 Nov '16
Aye, being in this share is like donning clingfilm body wrap and forgetting to leave room for your widgie.
COLIWOBBLES
Posts: 9,728
Off Topic
Opinion:No Opinion
Price:0.017
Hulky/Bannor
9 Nov '16
Oh goody........at least the sp's gonna jump up 100fold in the near future.......consolidationsrus......

Then sp promptly halved again by a mega dilution.......!!!!!

NURSE.......industrial flaming nipple clamps please........ :-))
EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.017
Bannor
9 Nov '16
Well, we thought it could happen. The only question now is how soon will Bird dilute us again?

Stayed up to watch the US elections. Only in America could something like that happen. I bet Putin is wetting himself in hysterics as he oils himself up with fresh nipple wax.

On we go. Gold doing well yet remarkably we aren't, in spite of all the buying today.

I'm doing cartwheels in my own 5h.ite.
Bannor
Posts: 2,502
Off Topic
Opinion:No Opinion
Price:0.017
Surprise surprise
9 Nov '16
Duly passed what a f...ed up share & what a f...ed up world IMO ....
EricDraven
Posts: 20,709
Off Topic
Opinion:No Opinion
Price:0.0175
jibberjabber
8 Nov '16
Could be Jib. I meant "Company" not "Conpany". Cough cough.

Desperate times for the BOD. I expect the gravy train to keep rolling though. We know the three drill efforts will be the last until next year, so if Birdy is at all bothered he'll be taking the time between to chase a JV.

Have to see.
jibberjabber
Posts: 1,351
Off Topic
Opinion:No Opinion
Price:0.0175
JV
8 Nov '16
Orogen has just completed earning an 80% interest in the property and can increase that holding if its' local partners elect not to contribute towards future work programmes.

Sounds like they are not interested and the current drilling is a quick effort to get them to make a decision.




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