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Orogen Gold Share Chat (ORE)



Share Price: 0.155Bid: 0.14Ask: 0.17Change: -0.03 (-16.22%)Faller - Orogen Gold
Spread: 0.03Spread as %: 21.43%Open: 0.175High: 0.175Low: 0.135Yesterday’s Close: 0.185


Share Discussion for Orogen Gold (ORE)


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jange
Posts: 24,519
Off Topic
Opinion:No Opinion
Price:0.32
reservoir results in serbia
2 Dec '13
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 2, 2013) - (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) Reservoir Minerals Inc. ("Reservoir" or the "Company"), is pleased to provide an update on the diamond drilling program currently underway on the Cukaru Peki target in the Company's Timok Project, eastern Serbia, which is a joint venture with Freeport-McMoRan Exploration Corporation ("Freeport"). Results from five drill holes are reported, two of which intersected high-grade copper-gold mineralization in the high-sulphidation epithermal zone in the Cukaru Peki target.

Drill hole FMTC 1341 intersected an interval of 166.0 metres, from 557.0 to 723.0 metres, with an average grade of 11.29% copper equivalent ("CuEq", average 6.65% copper and 7.75 grams per tonne ("g/t") gold), including 59.8 metres, from 557.0 to 616.8 metres, with an extraordinarily high average grade of 23.38% CuEq (average 14.17% copper and 15.35 g/t gold). Copper equivalent (CuEq) is calculated using the formula (copper % + 0.6 x g/t of gold). Other details from drill hole FMTC 1344 are provided in Table 1.

Dr. Simon Ingram, President and CEO of Reservoir Minerals Inc. commented: "Drilling at Cukaru Peki continues to return spectacular high grade copper and gold values from high sulphidation mineralization. We are optimistic that the high grade mineralization may be of sufficient volume and grade to support an underground mining operation while further exploration is carried out on the underlying larger porphyry style mineralization. We believe that the discovery at Cukaru Peki demonstrates the potential for additional blind discoveries within the Timok Magmatic Complex and may lead to a renaissance in copper and gold production in Serbia.".................
Copper equivalent (CuEq%) is calculated using the formula (Copper % + 0.6 x g/t of gold).

See section below "Note on Analytical Procedures" for information pertaining to analytical techniques.

Status of Drilling and Project:

The Company has reported the results from 17 diamond drill holes in the Cukaru Peki Project, assay results are pending from a further 19 holes (including 4 reconnaissance holes in the Miocene Basin area), and 1 hole is currently being drilled (see Table 2). The drill hole collar locations are shown on a map (Timok Project Drill Plan) and summary results and graphical strip-logs (Timok Project Strip Logs) are available on the Company website (www.reservoirminerals.com). Pending analytical results will continue to be released after they are received and evaluated.

The drilling to date has identified a zone of high-grade copper-gold mineralization, which is interpreted to be high-sulphidation epithermal in type, and a larger zone of porphyry-style copper-gold mineralization. The drill holes in the Cukaru Peki target area are located approximately 7.5 kilometres from the Bor cluster of copper-gold deposits including
 
Morvtrot
Posts: 94
Off Topic
Opinion:No Opinion
Price:0.32
View Thread (4)
RE: griffalo
2 Dec '13
I have only been in this share for about 8 months so do not class my self as an Oreite yet, I like to think that i am an Oreo but will step up when i have done the 12 months initiation. M:
jibberjabber
Posts: 417
Off Topic
Opinion:No Opinion
Price:0.32
morning all
2 Dec '13
Been a bit slow here over the last few days. At least with the presentation out of the way more people will be keeping an eye on this share, waiting for the RNS to be delivered. Roll on 2016. http://goldundercover.com/2013-2017-gold-price-forecasts-updated-15-nov-2013/
jange
Posts: 24,519
Off Topic
Opinion:No Opinion
Price:0.32
ORE
2 Dec '13
morning oreites news is near..just hang in a little longer imho.
RobRoy007
Posts: 230
Observation
Opinion:Strong Buy
Price:0.32
Long term looking good
2 Dec '13
Really, really good. For big rewards. I can wait.
COLIWOBBLES
Posts: 5,638
Off Topic
Opinion:No Opinion
Price:0.32
View Thread (4)
RE: griffalo
1 Dec '13
not going to argue about the fact some good news would be welcome......in saying that we've had nothing but good news (operationally anyway) and only had one or 2 small rises this year...??

what we need, and many of us suspect we'll get it, is a real humdinger of an rns confirming very high grades and more importantly massive volumes of mineralisation at or near the surface at preferably both our potentially world class prospects.........

my point to griffalo was that he has consistently knocked this company for the last 18mths(at least) yet now considers himself one of 'us'..........there's a group of core posters on here who are some of the best posters on lse (imho) and griffalo is certainly not one of them.....!!!

I consider this investment as a long term buy and hold for massive returns within the next 3-5 years.....some may be fortunate and trade the swings in between times but the greatest returns will be made by those who hold or trade to increase their holdings in here....imo..!!!

GL
fatherjockstrap
Posts: 2,783
Observation
Opinion:No Opinion
Price:0.32
View Thread (4)
RE: griffalo
1 Dec '13
some good news would be very welcome - small top up on friday
COLIWOBBLES
Posts: 5,638
Off Topic
Opinion:No Opinion
Price:0.32
View Thread (4)
griffalo
1 Dec '13
WE....??????

ALL your previous posts on here have been to talk this share down but now you're looking for great news to give US..?? a massive boost....?????

you are defo considered to NOT be an oreite..........
griffin87
Posts: 2,159
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.32
share lift
1 Dec '13
Too many shares in open market to give us a good hike since so many day traders have bought in so low, we need some really amazing news to really get this moving off the bottom
FOREMAN
Posts: 1,333
Observation
Opinion:No Opinion
Price:0.32
Russ
30 Nov '13
Wrong board, Sorry ,youve posted this on many boards lol, jog on sunshine



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