Register
Login:
Share:
Email Facebook Twitter




Orogen Gold Share Chat (ORE)



Share Price: 0.0215Bid: 0.021Ask: 0.022Change: 0.00 (0.00%)No Movement on Orogen Gold
Spread: 0.001Spread as %: 4.76%Open: 0.0215High: 0.00Low: 0.00Yesterday’s Close: 0.0215


Share Discussion for Orogen Gold


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


jibberjabber
Posts: 1,093
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Bannor
Sun 23:10
In the absence of news:

We can only hope, wish and discuss theoretically what may or may not happen. However with ORE "the absence of news" can be assured. I don't think that we will hear anything of substance until late August early September now.
 
Bannor
Posts: 1,792
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Bannor
Sun 23:06
Indeed Eric...... if there isn't any good news in the next week I can see this drifting down further.... I'll keep a close eye on it.

GL matey
EricDraven
Posts: 18,979
Off Topic
Opinion:No Opinion
Price:0.0215
Bannor
Sun 18:00
Hi mate. Yes, good point. The volume of that big trade ensured a duff selling price was offered and unfortunately taken. The sp probably didn't actually budge all day. Lol.

You could buy back, having made a few bob, but realistically, can you envisage anything at all happening with Mutsk? Particularly when considering the BOD spent about four years drilling and sampling on Deli before eventually shelving it. It has been nothing but disappointing for going on six years.

Of course, ORE could be bought out by Birdy's tie-in company, but that is just a guess. I suppose if you still fancy ORE, you will have to weigh up if you feel the sp will recover from here or if it will go even lower, before you fully plunge back in with concrete shoes. Lol.

In the absence of news, and with the final earn-in on Mutsk due in three months, will we have enough cash, or is another fundraise on the cards, perhaps with consolidation? Is the ORE team doing any work on the ground now, based on the 3D model? They haven't told us anything much, hence I'm not certain, with all the wages to pay, just how much we have left in the coffers. A fundraise would knacker us further.

I'm holding on, but I feel the BOD has, and continues to treat shareholders in a contemptible manner.

With regard to your existing shares, I suppose you could always just leave in what's already in, don't add further at the moment, then see what the next news brings. Take it from there. Difficult to know if the next news will be good of course.

Holy crap. Lol.
Bannor
Posts: 1,792
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Bannor
Sun 12:41
Hi Eric, I suspect it was just the volume they offloaded that meant they got such a bad price..... as you know the price to sell / buy can be impacted by the volume you want to get rid of or purchase....

Anyway having sold 9M a couple of weeks ago (which was the high trade that day) at .000251 I could potentially get them back now & have change.....question is do I have the trust to do that or should I sell the remainder of my holding here & disappear elsewhere.... hmmmm
EricDraven
Posts: 18,979
Off Topic
Opinion:No Opinion
Price:0.0215
pepemartinez
Sat 19:13
Good point Pepe.
pepemartinez
Posts: 1,824
Observation
Opinion:No Opinion
Price:0.0215
Mn has a large holding here not?
Sat 17:07
And above 0.10p not? My avg is terrible too 0.085p now we sre at 0.022p imaginee... well The bod will need to unload their shares someday and i suspect it will not be at 0.02 Or 0.03p for sure... hold and wait Game...
EricDraven
Posts: 18,979
Off Topic
Opinion:No Opinion
Price:0.0215
cookiecrew
Fri 16:50
Yes, when we acquired Mutsk it looked promising, but for some reason, even though Mutsk is apparently not a complex gold play, ORE has done very little with it for going on a year and a half. I know they need funds to drill and sample, but I don't mind that if value is being added on the ground. We really could do with that JORC, but it has yet to happen. The Company spent four years or so drilling and sampling at Deli Jovan, a more complex play, yet hardly any time to date on Mutsk, the easier, open pit play. Really bizarre. I know the market hasn't helped, but over the last couple of years it looks like any money raised via shareholders has simply been to fund the vast wage bill and not much else.

Strange goings on, but not in our favour unfortunately Cookie. Looks to me as if it's running as a shell, with the BOD not intending to ever do anything. That's how I feel about it now, having been invested for nearly six years.
EricDraven
Posts: 18,979
Off Topic
Opinion:No Opinion
Price:0.0215
Bannor
Fri 15:35
Poor old sod, whoever that was. Sp gone up a bit again, but we are in dire need of positive news before long. I tend to agree with Jib, think ORE may be acquired, hence the seeming lack of action here, from anyone. We don't know what's occurring really though I suppose, in the absence of an update.

Holding out of curiosity, nothing more. Average is 0.89p. Not even 0.089p. Investment is virtually worthless.

Happy days. Lol.
Bannor
Posts: 1,792
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Oh dear .0200 just hit
Fri 12:59
Crikey - yep someone else had enough that's a bit lump to let go of at .02 & must've hurt some .... hope they didn't have to pay much more than that for them like I did....

Sad sad OREful days :-(
Bannor
Posts: 1,792
Off Topic
Opinion:No Opinion
Price:0.0215
Oh dear .0200 just hit
Fri 12:53
it just gets worse :-(




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.