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Orogen Gold Share Chat (ORE)



Share Price: 0.021Bid: 0.02Ask: 0.022Change: 0.00 (0.00%)No Movement on Orogen Gold
Spread: 0.002Spread as %: 10.00%Open: 0.0215High: 0.0215Low: 0.021Yesterday’s Close: 0.021


Share Discussion for Orogen Gold


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jibberjabber
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.021
RE: jibberjabber
Today 02:38
At 10 million sell per day we will have push into sub 0.02 by the end of the week. I think I am best to just walk away and take a look at this in August there agm is next week I think. If they return with the usual blank statement then I don't think it would be received very well
 
jibberjabber
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.021
RE: jibberjabber
Today 01:51
Yep, that is a concern as is key man risk.
EricDraven
Posts: 18,987
Off Topic
Opinion:No Opinion
Price:0.021
jibberjabber
Tue 22:58
The question is, considering their ages, are they bothered if bugger all happens?
jibberjabber
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.021
RE: jibberjabber
Tue 18:10
It's a top heavy organisation and each and every one should be promoting the business or they won't have one.
EricDraven
Posts: 18,987
Off Topic
Opinion:No Opinion
Price:0.0215
jibberjabber
Tue 15:28
Time will tell if they actually do the drilling and splash out for the earn-in on Mutsk.

Be nice to have more news on the latest project though. Almost forgotten about it already.

We need Birdy to pull his finger out in every area and make ORE an attractive proposition for potential shareholders.
jibberjabber
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Bannor/jibberjabber
Tue 10:06
November 27th 2015 Mutsk they needed to spend another £187,000 by August, which is 11% of the $2.5m at current market rates. £273,000 at Silverton. Total minimum spend £460,000 By end of August. So two drill programmes
jibberjabber
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:0.0215
RE: Bannor/jibberjabber
Tue 02:08
How they spent 890,000 in 2015 is beyond me given the lack of activity. However that works out to be about £75,000 per month or 600,000 buy August 2016. We know they have to spend money at Mutsk by August to get the buy in. Though it's not clear how much. I think this will be done via a drilling programme. And £273,000 at Silverton. So I think by August early September we should expect to two drilling projects completed. And with only about £300,000 in the bank or 5 months at their current burn rate. They will need to have proved Mutsk and found something of significant value to keep this business going.
EricDraven
Posts: 18,987
Off Topic
Opinion:No Opinion
Price:0.0215
Bannor/jibberjabber
Tue 00:22
The thing is, without regular news, why would anyone invest? Surely the BOD must realise that.

Anyway, let's see what happens, and at least at the end of August they'll have to tell us whether we've shelled out for the extra percentage on Mutsk or not.

I hope.

Cheers lads.
jibberjabber
Posts: 1,098
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: 1,798
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




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