Register
Login:
Share:
Email Facebook Twitter

Great guests on our new Trading Show 'Share Views'. Click here to watch.



Orogen Gold Share Chat (ORE)



Share Price: 0.0225Bid: 0.02Ask: 0.025Change: 0.00 (0.00%)No Movement on Orogen Gold
Spread: 0.005Spread as %: 25.00%Open: 0.0215High: 0.0275Low: 0.0215Yesterday’s Close: 0.0225


Share Discussion for Orogen Gold


Thread View

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

Posts per page:


Discodave4561
Posts: 608
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 11:51
Guess your right, but if they want the goose that's laying the golden eggs then I personally would also take the opportunity of offloading our "dead" investments, namely Deli and possibly Silverton - it's all or nothing but at a significant premium.
It will unfold soon I guess.

DD
 
Whitematter
Posts: 3,755
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
RE: TipTV
Today 11:37
Bannor, problem is, as ever, due to poor communication and lack of updates we don't know enough as to why this volume is occurring.
If there is isn't a RNS of some description next week it would be very poor and a blatant disregard for investors and the rules . Nothing new I know.
Whitematter
Posts: 3,755
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 11:29
DD, I have no idea as to the asset value of the company or the range that a t/o might be.

It seems to me though looking at Lydian that if they were interested it would only be a interest in Mutsk. ?
Discodave4561
Posts: 608
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 11:21
Whitematter
Going back to Aug 2013 any RNS with reference to Mutsk has always included a bit on "About the Mutsk Project" which always mentions the Amulsar deposit (4.1 million ounces @ 1g/t Au) being 30Km to the northwest of Mutsk.
Perhaps he was tasked (by the BoD) with trying to make out that these sudden large purchases is potentially an innocent attempt by somebody (Lydian) to acquire ORE rather than that there is any insider trading going on, as his general view was that acquisitions of junior miners/explorers is buoyant at the moment - *******s.
What struck me was that he made a point of stating that the placing was not at a very high discount "15% to 20%" - which was complete *******s!, hence he was intimating that the purchaser must be happy to pay the extra on the open market to acquire the entire business (because the placing discount is minimal). Again unless I'm mistaken this is also complete *******s, the placing shares represent 29.8% of the enlarged issued capital, so if somebody wanted to acquire ORE surely they could have taken all the placing shares (at the discount) and then purchased the remaining 16 million on the open market to hold 30% of the issued capital, they then could submit a formal bid to acquire the Company.
Hence my comment that in my view the guy didn't know what he was talking about - paid by the BoD of ORE to try and deflect what is going on, perhaps on the back of Jibbers contact with the FCA, who knows. Either way it doesn't hide the fact that somebody started buying on mass on the day a large discounted placing was announced - no sane person would do that with a tin pot £1m market cap junior explorer unless they knew there was a profit to be made, even by paying 60% more than they need to!. It stinks.

DD
Bannor
Posts: 2,022
Off Topic
Opinion:No Opinion
Price:0.0225
RE: TipTV
Today 11:18
You sure they have the money ... they've restructured debt to progress amulsar & CAD$11M isn't a huge amount IMO.

How much do you think they would or could pay to buy us out?.....how much per share do you think us long term holders would accept as there would need to be a vote on it.

I would much prefer to see them in a JV… say throw us USD$5M for 25% then fund the costs through to BFS for an additional 26%.....many ways to create a partnership without selling the family silver. In the interim they can buy shares as well to increase their exposure to the resource & hopefully eventually push the price up some.

Personally I wouldn't be happy for a buyout at less than .5 share to at least get the bulk of my investment back, otherwise I'd rather wait & see how it all pans out without them.

Just my opinion though I'm sure others, much brighter than me will differ...
Whitematter
Posts: 3,755
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 10:25
Whitematter
Posts: 3,755
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
Lydian
Today 10:23
As mentioned in 4th July RNS being 30km away, as some thought was odd to mention in a RNS (which it is) was almost reread by Mr Middleton word for word.
Not sure where he gets 10m from?
Whitematter
Posts: 3,755
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
RE: TipTV
Today 10:19
He should have a clue (Gary Middleton) as he's our PR guy lol but agree he's a bit of a bumbler.

What I get from it is that our Canadian neighbor has the money and is looking to buy us. Not even subtle.

Do you think he gets paid well for that?
Discodave4561
Posts: 608
Off Topic
Opinion:No Opinion
Price:0.0225
TipTV
Fri 21:54
Ore mentioned on TipTV, PR guy from Walbrook (ain't got a clue IMV), listen from about 16 minutes:
https://www.youtube.com/watch?v=B1DR5ev8oQE

DD
EricDraven
Posts: 19,558
Off Topic
Opinion:No Opinion
Price:0.0225
4kandles
Fri 17:01
Can't use that on severely battered and broken skin. Lol.




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.