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SOU CEO responds to investor questions on its projects in Morocco and Italy. Watch here

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SOU CEO responds to investor questions on its projects in Morocco and Italy


Orogen Gold Share Chat (ORE)



Share Price: 0.0145Bid: 0.014Ask: 0.015Change: 0.00 (0.00%)No Movement on Orogen Gold
Spread: 0.001Spread as %: 7.14%Open: 0.0145High: 0.0145Low: 0.0145Yesterday’s Close: 0.0145


Share Discussion for Orogen Gold


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EricDraven
Posts: 20,713
Off Topic
Opinion:No Opinion
Price:0.0155
CJ39
19 Nov '16
Thank your lucky stars that you aren't still involved here then and staring at this current sp.

Best wishes with your investments elsewhere.
 
CJ39
Posts: 79
Off Topic
Opinion:No Opinion
Price:0.0155
I read that this was a sham company
16 Nov '16
many, many years ago. When I wrote about this I was hounded off the forum so fast. But I think it has been proven correct. It must be about 5 years ago now since this reached 1p when they were waiting on gold samples at the Deli Jovan mines (sorry if I have spelt that wrong). 5 years on and what is happening? They haven't drilled anything, they haven't mined anything, they are still years away from doing it. It seems to me all that is happening here is issuing shares in order to keep paying themselves a wage for doing nothing.
I wonder if I will get hounded off the forum again for these comments now?
Sadly a lot of people lost a lot of money here simply because of these messageboards. None of us would have have stumbled across this awful share had it not been for the hype and ramping of this share some years back.
We learn from mistakes!
EricDraven
Posts: 20,713
Off Topic
Opinion:No Opinion
Price:0.016
Castaway
14 Nov '16
Sorry you lost out with this, but sometimes it's better to cut and run. I'll be doing so after Christmas, because we simply have too many shares in issue to have any meaningful upward effect on my investment average.

Bunch of muppets.

In my opinion.
Castaway
Posts: 5,813
Off Topic
Opinion:No Opinion
Price:0.016
RE: Damocles
14 Nov '16
Hi Eric - I sadly concur - it makes me so angry the way the shareholders have been treated by the BoD, and especially C Bird on £120k per annum (now reduced) though the rest have been totally useless.
I can't see a way forward right now.
You cannot dilute forever without adding value.
Fuming ex holder.
GLA
EricDraven
Posts: 20,713
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: 20
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: 20,713
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: 20,713
Off Topic
Opinion:No Opinion
Price:0.017
COLI
9 Nov '16
Industrial flaming nipple clamps.

Howl.
EricDraven
Posts: 20,713
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: 9,766
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........ :-))




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