but I will add some more soon I think this could rebound to 0,25p area in the next 12 months but I forget for the 1p chase again ... stilll thinking gold is there and we will see a rebound in the next 6 or 12 months to more than 0,20 or 0,25p area
good luck... and holding shares not selling any...
Is it worth now staying I have reduced dramatically my holding here over the last year and that was on the intelligence of some long term holders which I am grateful for. But having moved the majority of my investment else where I have mitigated the loss. I struggle to see the benefit of now staying as what is going to be the driving force to move this SP upwards over the next few months or longer.
We will take samples we will evaluate them we will then decide if its worth digging them up. This is going to take time and we are running out of money so it looks like we will need more.
Is there any short term value in staying ?
let’s assume we sell out, and the share price gets a great boost on some fantastic news and it doubles in price overnight and the future looks rosy , so we buy back in at 30. Is 30 cheap? Would we would still expect the SP to go higher maybe to 60 which would still double our re-investment.
So why stay? I have money to invest I like ore I like this BB, but help me convince myself this is worth staying because all I can see is more pain.
I will get jumped on from some members for this but who is going to invest at the moment if you were a new investor looking at ore would you think it was a well-run company and worthy of investment?
So convince me its worth staying now and not reinvesting on good news later in the year or is 30 the best we can expect ?
Sorry this is negative but I'm just so disappointed in this share.
At least they recognise it was a difficult year, however a sp of 0.3p + a loss of 0.19p should give a resulting sp around 0.11p. So there's still some room to fall yet, unless something positive happens.
The Company has very little cash, so that probably means raising funds by issuing more shares to get any gold out the ground, if more shares are issued the Sp will drop further, don't see the Sp going Up in the near future
I think we all can be blame for ramping up this share. I've done it and I'm sit @ a 83% loss at the moment, and I'm not moaning about it because I'm going to buy more and more of these bad boys. One day this company will get gold of the ground . This board will not fail
I am clueless? You are the person who ramped this share up like crazy two years ago, recommending every post, repeatedly typing out all these wonderful facts about ORE. You have probably lost a lot of people money just to try and make a short term profit yourself. You pleased with yourself? Are you not clueless for ramping up a share that is now on 0.14p? The other thing I remember about you is that you were ramping up these shares and sold out before they announced results. And do you really think I was serious about Wonga? Surely you are not that gullible? Yes I have at times said this was a good share because the fact is that the mines in Serbia have a lot of gold in and when they start mining it the money coming in will be good. But they never seem to be any closer to mining the gold. And now they aren't even concentrating on it as their main mine any more. All of those of you unhappy at me, you should be unhappy at ORE and whoever it was who influenced you to invest here.
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