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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


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Discodave4561
Posts: 609
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 15:39
Sorry, your right Bannor, it stated in the finals that they had relinquished the exploration permits as they couldn't get a JV.
Have done some quick calcs, to achieve the required 30% share holding in order to place a bid for the Company it would cost about £233k less if the proposed bidder took up all of the placings and then bought 16 million @ 0.0249p on the open market. Given the amount of buys @ 0.0249p it makes me wonder if there's not a bidding war going on in the background (more wishful thinking perhaps but still stumped about this buyer at 0.0249).
Either way IMV Jibber is spot on, there's been a leak, the BoD know more than their letting on and the price is also being manipulated whilst someone fills their boots.

DD
 
EricDraven
Posts: 19,563
Off Topic
Opinion:No Opinion
Price:0.0225
Bannor - Your 15:08
Today 15:35
Agreed. In fact, Mutsk may not be crap, but the current team dealing with it appears to be. If they can't cope with a simple deposit, then it's curtains from that angle as well.

Pass me the lube.
EricDraven
Posts: 19,563
Off Topic
Opinion:No Opinion
Price:0.0225
pepemartinez
Today 15:30
I'm hoping the BOD has a plan after the placing shares hit, or we are knackered. Whether JV or takeover, but we need to get cracking.

Let's see.
EricDraven
Posts: 19,563
Off Topic
Opinion:No Opinion
Price:0.0225
pepemartinez
Today 15:24
I'll swap your average for mine. It's 0.89p.

Pepe, who knows what is occurring or where the sp will go. As long as it keeps rising we can only wait and see how it turns out.

Best wishes.
EricDraven
Posts: 19,563
Off Topic
Opinion:No Opinion
Price:0.0225
Discodave4561/Whitematter/Bannor
Today 15:21
Good posts guys. The thing is, we still don't know the extent of Mutsk, it remains undefined, so we could be sat on something even bigger than expected. The BOD doesn't seem to know in which direction to explore next though. Smashin'.

Hence a 3D model would have helped, yet we've heard absolutely nothing further about that. Nor do we have any JORC, the industry recognised standard for attracting proper investors. Lol.

This latest activity does make you wonder if there is a new or further discovery and they have simply yet to divulge it. As you say Dave, the premium buying began to coincide with the placing RNS, and nobody in their right mind would begin to accumulate at those prices without additional information. They would have at least certainly waited until after the placing shares hit at 0.015p, to get in at a lower sp, if it was merely a mass punt.

It is a mystery at the moment, certainly, and I would say that either with or without another RNS, the FCA will be following this closely.

Bannor, I'd be happy with half a penny as well. We'd have clawed back most of our investment, and if there is an abundance of gold, then I don't feel that kind of price is out of the question. I would have said a penny, but there are simply far too many shares here now, with more to come.

Of course, it's all guessology, because we are starved of official news. Purposefully so perhaps.

Cheers lads.
Bannor
Posts: 2,024
Off Topic
Opinion:No Opinion
Price:0.0225
RE: Lydian
Today 15:08
DD, Deli has already been unceremoniously dumped matey, think it was in the latest set of results which I can't seem to access at the moment..... Anyway they couldn't find a buyer & couldn't afford to fund it anymore so they allowed the licences to lapse is my recollection....... so there's only Mutsk & (in my opinion) this fishy deal on Silverton with one of Birdies other co's & that's it I think..... if Mutsk fails to deliver Orogen is a ghost in my opinion & we're done here
pepemartinez
Posts: 1,915
Question
Opinion:No Opinion
Price:0.0225
Hello i know i
Today 14:56
Will never see my avg again 0.085p but at least 0.05p perhaps In The future?
Whitematter
Posts: 3,756
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.0225
RE: TipTV
Today 12:40
Not sure they need to have the money Bannor btw

Deals can be done with shares or other instruments

At least something is actually happening guys!
Discodave4561
Posts: 609
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: 3,756
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.




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