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Orogen Gold Share Chat (ORE)



Share Price: 0.0235Bid: 0.022Ask: 0.025Change: 0.001 (+4.44%)Riser - Orogen Gold
Spread: 0.003Spread as %: 13.64%Open: 0.0225High: 0.0235Low: 0.0225Yesterday’s Close: 0.0225


Share Discussion for Orogen Gold


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jibberjabber
Posts: 1,088
Off Topic
Opinion:No Opinion
Price:0.0235
buy - out
Today 10:18
If the Silverton asset delivers the goods I think, and we don't have the funds to further earn in, I wouldn't be surprised for Galileo to aquire Orogen and Mutsk for a nice price
 
Mustang12
Posts: 8
Off Topic
Opinion:Strong Buy
Price:0.0225
News
Mon 22:45
Hopefully the good news is coming tomorrow.
We all need it.
EricDraven
Posts: 18,907
Off Topic
Opinion:No Opinion
Price:0.0225
BadgerValance
Mon 12:32
Sounds like more dilution to ensure we can get maximum earn-in. Three months left to do more work on Mutsk first though, to see if it's worth it. If they are actually planning to do any work that is.

Difficult to know.

Thanks for the reminder anyhow.

Cheers Badger.
EricDraven
Posts: 18,907
Off Topic
Opinion:No Opinion
Price:0.0225
Troaj
Mon 12:29
Thanks matey. I'll have a look then.

Oh Coli, aye, he was trained by seals. Or is it dolphins?

Anyway, I trust he's ok. Miss him on here, that's for sure. You've been a bit scarce too. Travelling salesman. Lol.

Cheers Troaj.
BadgerValance
Posts: 27
Off Topic
Opinion:No Opinion
Price:0.0215
Yawn...
Mon 10:56
http://www.orogengold.com/projects/mutsk-armenia/

JV Agreement Terms

Orogen Gold (“Orogen”) signed an initial Memorandum of Understanding with Georaid CJSC (“Georaid”), an Armenian registered company, covering the Mutsk gold project in southern Armenia in January 2013. This was superceded by a Joint Venture Agreement (“JV Agreement”) signed in February 2014.

The JV Agreement signed with Georaid covers the following main points:

Orogen has the right to earn an 80% interest in the Mutsk project by spending US$2.5m on exploration by 31st August 2016.
If Orogen continues with the exploration programme beyond 31st December 2014, then it will issue Ordinary Shares in Orogen to the Georaid principals to the value of US$100,000.
Once Orogen vests its 80% interest then both parties shall contribute pro-rata to further costs or dilute their interest.
If Georaid’s interest falls to 5%, then Orogen will carry Georaid’s costs through to mine production, if/when this is achieved. Orogen will recover the costs of this carried interest from Georaid’s share of production from a mining operation.
If a positive Bankable Feasibility Study is obtained on the project, then Orogen will issue further Ordinary Shares in the Company to the Georaid principals to a value of US$300,000
Troajan
Posts: 21,287
Off Topic
Opinion:No Opinion
Price:0.024
eric
Sun 23:15
glr m8y,i get them two mixed up,old age an all that?
grl?its multi bagged,so that ones a no no atm,dont wanna get spiked.lol.
colis tough az old boots and hard az nails,sas trained ya know,a killing machine,just incase ya didnt already know.
EricDraven
Posts: 18,907
Off Topic
Opinion:No Opinion
Price:0.024
Troaj
Sun 16:16
This good share though matey, do you mean GLR or GRL? You've mentioned both. Lol.
EricDraven
Posts: 18,907
Off Topic
Opinion:No Opinion
Price:0.024
Troaj
Sun 16:12
That deal just seems like one of convenience to me. Can't see how it will really benefit us here. We should have cracked on with Mutsk first. Unless it is crap of course, which it doesn't seem to be. I'm amazed that we haven't done much at all on it though for the last couple of years.

Hope Coli is doing ok. His back would have been put through its paces with his last job, so maybe a good thing to have a change for him. You can't put a price on health and wellbeing.

Best of luck with that other share you mentioned. I'll be watching through my binoculars, away from any 'buy' buttons. Ha ha.

Cheers Troaj.
Troajan
Posts: 21,287
Off Topic
Opinion:No Opinion
Price:0.024
eric
Sat 23:52
tbh,the problem with ore,is that its just going into a deal that needs funding and ore has no money to do that?so it loooks like we're stuck in here for a while...great news for grl though,lol.(birdy)
colis jacked his job in,but dunno why he isnt posting,not seen him on scotgold much either?
nite m8y.
EricDraven
Posts: 18,907
Off Topic
Opinion:No Opinion
Price:0.024
Troaj
Sat 23:46
Sounds good to me. In theory. Lol.

Not heard from Coli on here for a while. Hope he's ok. Of course, he may have sold, or just chilling out while Birdy installs nitrous oxide onto his bath chair. Mega!

Not great in ORE at the mo. No real news of note, sp slowly rotting. Like one of our Serbian kebabs. Still in the kebab hut window, been there ages and not looking too clever, not dead yet though, just waiting for the right punter with an iron constitution to come along and take it on. Lol.




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