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ORE Share Chat - RSS Feed

Orogen Gold Share Chat (ORE)



Share Price: 0.065Bid: 0.06Ask: 0.07Change: 0.00 (0.00%)No Movement on Orogen Gold
Spread: 0.01Spread as %: 16.67%Open: 0.065High: 0.065Low: 0.065Yesterday’s Close: 0.065


Share Discussion for Orogen Gold (ORE)


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smidsy
Posts: 4,048
Off Topic
Opinion:No Opinion
Price:0.10
Gold mining
10 Oct '14
I can't remember seeing any forecasts of annual returns for the Mutsk project so I have done a little number crunching of my own. I have based these on an open cast system of mining where wagons are loaded with the ore and deliver it to the processing plant.
If we take the figure of 1.13gt as the average and say we have just 5 wagons carrying the ore at 50 tonnes a load working a normal 8 hr day completing 20 loads per day for 7 days per week. Using todays price of £25 per gram I reckon that before any stoppages for overheads and other costs the income should be in the region of £980,000 per week. or £50 million per year (in round figures)
If production is increased say by working around the clock then the Sky is the limit.

I am not a gold mining expert. I know nothing of the workings of the mines.

Anyone any comments?
 
AIM-for-Bali
Posts: 456
Off Topic
Opinion:No Opinion
Price:0.10
Looks like my buy here was a poor 1
10 Oct '14
Just about my worst investment this year by the looks of it. Quoted 0.08 to sell lol. Will hope for news next week but this is looking like a massive POS.
Morvtrot
Posts: 234
Off Topic
Opinion:No Opinion
Price:0.09
View Thread (2)
RE: Interview time
10 Oct '14
Finding it hard staying positive here, god only knows what Orogen are paying the PR company for!
M:
smidsy
Posts: 4,048
Off Topic
Opinion:No Opinion
Price:0.09
View Thread (2)
Interview time
10 Oct '14
We could do with Ed giving us an interview on camera telling us the samples show how rich the gold seams are and we have shed loads of it.
jibberjabber
Posts: 531
Off Topic
Opinion:No Opinion
Price:0.09
If anybody
10 Oct '14
sells today they need to seriously check their logic. Today is a day to either seize an opportunity or do nothing! I love days like this.
cookiecrew
Posts: 6,520
Observation
Opinion:Hold
Price:0.09
View Thread (2)
RE: ffs
10 Oct '14
Aim getting hammered my friend,just hold and wait for results to flow will pick up again
chris-styles
Posts: 375
Off Topic
Opinion:No Opinion
Price:0.09
View Thread (2)
ffs
10 Oct '14
Ffs OMG! Ground swallow me up!
jibberjabber
Posts: 531
Off Topic
Opinion:No Opinion
Price:0.11
is the city stupid or bent?
9 Oct '14
Morvtrot
Posts: 234
Off Topic
Opinion:No Opinion
Price:0.11
View Thread (2)
RE: RNS
9 Oct '14
Let's hope that is what we get and lots of it, enough to keep the bottom feeders in for longer!
Find out soon I think.
M:
Jacksonpollack
Posts: 1,205
Observation
Opinion:No Opinion
Price:0.11
flyer35
9 Oct '14
Needs to get over the latest placing of 0.11. That would be a step in the right direction.





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