We have every confidence that the Mustk discovery will be a company changer for Orogen Gold and as such we view the company as one of the most exciting gold exploration companies on the board.
and if you start to piece together the way the company are going about conveying news of late with references like :-
££ have made a substantial gold discovery at Mutsk ££
££ to be connected to much more substantial widths ££
££ old grades through these wide zones have increased in tenor as the drilling has moved northwards and include some higher grade intervals.££
££ Drilling is ongoing with two rigs currently operating. One drill hole (OG14-26a) has been sited on a wide gossanous zone and geophysical target 1.6km north of section 3610N which has previously returned gold values in channel sampling of rock outcrop at surface. This hole has so far drilled through 150m of altered, silicified and mineralised rock and will be prepared for sampling once completed. ££
ALL of the indicators are there for this company, they intend to delineate a resource by year end and we have a very short wait if you consider they have 40 % of the exploration to complete, 4 holes are awaiting assay results.
the future is very bright and tbh I think this can do some serious numbers going forward, hence why I have loaded and I am still loading. Another 6m shares today
Happy days mate, you can see from how the share was played today that once the seller is clear (must be a big dent today) that it will spring back to 16-17 and with news I'm hoping 100% from this level
stubbsy - made it into here today with a little, thanks for the nudge via twitter. Made good weekend reading and nice already to hear the interview today after I'd got in. Hoping for a few top-ups as more £'s come available.
Some eighteen months ago several investors from MAGP including myself wrote to our MP's outlining the problem of 'Red and Blue' and the effect it could have on the share price. But it was to no avail. The MP's passed on our suggestions to the LSE who promptly said there's nothing wrong so they won't be fixing it.
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