The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Let's hope ORR can time their news flow just as Gold hits 2500
More indigo blue atm.
It's not genuine volume. Look at the size of the trades. It's bonkers that MMs need to stimulate so much even if it takes the share price up a large amount. Something is going on. They need shares to be sold. Hold tight
Expecting a good week here, suggested the shares were poised to return back to the mid .40p's and it is happening, the RSI is still in neutral territory so plenty of room for upside from a technical perspective also.
With the right news, who knows, maybe back to the mid .50p's.
News next week, hold on to your golden tickets
1p soon as a starter.
Finishes the week at US$2414 having made $2423.
US$2500 next?
From LinkedIn:
Oriole is greatly looking forward to attending the CIMEC Convention in #Cameroon next week, where the team will meet with key stakeholders in the #mining sector and government officials to discuss #ORR's leading role in establishing Cameroon as an important #gold producer with significant growth potential.
https://www.linkedin.com/posts/cimec-convention-b04872309_the-transition-from-geological-potential-activity-7196125357140312064-l4I_?utm_source=share&utm_medium=member_desktop
Let's hope they can get some traction over there or even better release some positive news about the current drill program currently underway!!
I've not know so many small stimulation buys over this many days that results in a shared price move this much. This is some strong intention/reason behind that.
There's a lot happening in the Gold sector at the moment with CGH currently # 1 Top Riser and GGP also neck-and-neck with ORR lower down the Top Risers. I'm wondering if all those GGP buyers today considered buying ORR instead? If not, why not? Perhaps an ORR investor also invested in GGP could comment?
US$2405
764,442 needs more patience...lol
Sounds like that Consortium of Artisanal Cameroonian miners is almost ready to make their move and take that big stake in Oriole. As is Marty quietly advancing his position in ORR, Directors buy RNS incoming perhaps??? :o)
301 trades so far today!?
Hasn’t been before but leaky ship, nuggets flying out of the drills….? Let’s hope so!!
GLA
Well we’ve all been banging on for ages how undervalued we are. It is only a matter of when this goes up from these levels, not if.
I reckon some of these junior miners on Aim and likely to find funding and getting assets to be moneytised a lot easier as they’ve been awful for 15 years with all the underhand shenanigans that go on. Commodities on the rise massively… commodities index at 220 it was 190 two months back. There’s a shortage of these minerals you know ???
Yes indeed....Blue!!!! ).36 to buy now...news this afternoon?
Bamb
just turned indigo.lol.(tick up again)
So far so good.
The Bid is moving in the right direction!
I can only assume anticipation of all the news to be released... Or maybe 'rumours' in the background.
Bamb
it's just about to go blue'r.
Is it blue yet Trojan 😉
Full ask,paid in full,in cash...on the nose
Well said Minesinthemine!
The bleating about Lanstead is way overdone.
We have cash in the bank and no need to raise.
Welcome back MITM!
It’s been a minute. Great post and is it finally “Gold pipe 005 time?”
Long term holder along with Kuttz but not posted for a long time.
Do people not remember why we needed Lanstead. We needed cash. We couldn’t raise, we couldn’t get a buyer for Senala, we haven’t had any money from Turkey, no cash from Elephant oil etc… the coffers were empty. We went down a route that like it or lump it was needed to ensure we survived as a business.
With the top line company funded, we managed to get BCM on board for two opportunities.
We now need to wait for the results relating to BCM’s work on our licenses.
If the results are as hoped, Lanstead becomes an irritation but our proven value would play out.
For people like Kuttz and I who are in deep and have been here a long time, it’s painful waiting but we are now used to it…. The potential in Cameroon for why we invested in the first place is still there and we finally have a significant drilling program to prove it out.
If they find nothing then we lose. If they find solid results then everything is great and Lanstead was just a necessary evil to our survival and part of our history.
We just need to wait for what the results are. The volumes are low and will not change without news.
Patience is needed and it’s still a big risk, but forget Lanstead, if we get rid of them the top line company still needs to be funded… and we’d need to place.
That is the world of a junior explorer, it’s gambling with a bit of science and we have a partner to prove out the science to the extent that we prove out Cameroon can be a major gold District and the big boys and girls all want a piece.
Until then, sit tight, the top line company is funded via Lanstead, BCM are helping us evidence the value of our Cameroon gamble and we need to hope the results are great and we are all off to the races.
Coyote and Kutzz - Absolutely!
The shares are already all baked in to the mc and the higher the sp goes, the more the topco receive every month. Along with the exploration JV's we are free from any concerns of raises. It's really all fine.
I have a majority of my remaining portfolio in Oriole and I regularly visit here for interesting insights and chat.
However, this constant Lanstead drivel is putting me off, not sure what it's like for those considering investing.
Let's all look forward to the real and hopefully suberb run of news to come.