Oriole Share Chat (ORR)

A closed period is typically 30 days, so based on that logic, we should be getting results by the end of the month.

We shall see! GLA

I think they are as it happens.

You're also assuming the Board and Management are not in a closed period...

Good point Lamb, would also add that Tim has been there and got the T-Shirt, a quick look into his past ventures shows he is no mug and has serious pedigree.

Yea GGP was horrendous around the 2p area. Shot up to 5p area then dropped back to around 2.5p level before it motored steadily with RNS proving up the discovery.
I was in around late 2019 so wasn’t in during the ‘early days’.

People just need to keep the faith & remember Cameroon is virgin ground (never explored previously).
Brilliant thing is gold has been found!!!
Just a case of finding the ‘source’….

Once we do find that source all the gold majors will be chomping at the bit to get a JV partnership in place.

Just remember TL openly admits the JV with IAG when he first joined Oriole was a shoddy deal. He certainly won’t be making the new JV a bad deal ;)

Yep seem to remember ggp issue price 2p and stock fell to .1 (down 90%) before the fun started.

Goes to show it’s far too early to turn negative on Oriole at this stage

There is enough positive news in this presentation for speculative buyers to be interested in oRR .
The SP seems to be holding up . Maybe a move back up could be on the cards . My only concern after the drops from the early year highs will their be any takers to believe in this again. ?.
Does anyone have any knowledge of other shares that rose sharply dropped back and then went back up ? I believe GgP was very up and down .

https://www.proactiveinvestors.co.uk/companies/news/956626/oriole-resources--pleased-with-the-progress--on-stream-sediment-sampling-programme-in-cameroon-956626.html

You assume they have money to put in? Not all Directors are rolling in cash, especially when they all took a pay cut to stay afloat. I'm sure they put in all they can

I think at this stage, it would be good to see some of the directors put their money where their mouths are and buy some shares

Having just watched the video … I am personally feeling confident that Oriole could get something going in Cameroon

Oriole certainly meets the definition of a beaten-down and manipulated stock.
RNS this morning shows that the company is still doing what a gold explorer should be doing - looking for more gold.
Promising results to come in the next 6 months?

Oriole Resources CEO, Tim Livesey, said: "We are pleased with the progress our team is making on the stream sediment sampling programme in Central Cameroon, a vital first step in defining target areas by identifying river basins with associated gold anomalism. The speed and efficiency of the work is reflective of the well-trained nature of the teams, several of whom have worked with BRGM as part of the World Bank-funded, Cameroonwide, prospectivity mapping and sampling programme, 'PRECASEM'.

"The Central Licence Package holds all the indicators of a new gold district, sitting within an area of appropriate host geology, with respect to age, metamorphic grade and alteration, and importantly being cross-cut by deep seated crustal structures that are crucial for the emplacement of gold in orogenic systems.

"We already know from historical sampling, and evidenced by more recent artisanal activity, that the licence package has the potential to host gold, so we are understandably eager to see the results of this programme.

"Grassroots exploration doesn't come any simpler than this, with rapid and systematic field work allowing us to start defining and ranking targets for further investigation during the next field season."

Well it’d be foolish / reckless to have all your eggs in one basket is how the saying is.
Everyone here who’s holding the bags now (including me) got caught out big time!
S##t happens i’m over it and holding.
Patience is key here only a loss if you sell.

you got it m8,exploration comps are well known for the spikes on troughs and oddly enough,almost all of them,have been on 3/6 months lows
imc is currently on a year low
gun isnt far behind

neither have a lot going for them,but a bounce can happpen,anytime,even without news

"I have this & GGP as my only gold sector stocks." Thank heavens for GGP. I think what's happening in the rest of the sector is there are large groups of traders communicating on social media. A target stock is identified by it's beaten down price and demoralised posting on the chat boards then on a signal there's a lump of coordinated buying. This draws in other buyers who don't want to miss out. The original traders sell up and move on to another share and the second wave is left holding the bag. If so, this share has had it's attention for now. The only way I can see to beat this - if you're not part of it - is find something beaten down they haven't done it to yet then get into postion and wait for them to turn up. It needs to be fairly liquid with a smallish spread or they risk getting stuck themselves.

This is a long hold for me.
Last time i sold out of a share (loss) it rocketed up to 100p - this was ‘Zoe’
I have this & GGP as my only gold sector stocks.
Still confident in ORR, Cameroon has gold, has been found, needs more drills in the ground to prove how much etc.
Choppy markets everywhere.
BOL all

What's the story about this?

Certainly does PJ , feel sorry for those who got dragged in on the telegram group !! “Hold it will rocket, this is cheap, Buy more” blah blah !! Lesson learnt the hard way for some

We are only one month into Q3 and results are expected by the end of Q3. Two months is a long time on AIM. I would expect this to rise and its just a case of patience. All IMO

1.75 p share price seems a long way now. :(

The whole thing looked orchestrated. The first wave of buyers got out early. A second wave came in on the dip thinking they were missing out and getting a bargain. Now, they're the ones getting out. Just guessing but that's what it looks like to me. Something similar seems to be happening at ECR too.

What seems to be happening across the sector is you have to handle a mining explorer like a wildcat oil drill. That is to say, you buy for the announcement of drilling RNS and ride the anticipation BUT you don't neccessarily keep holding for the results. There was a time you could invest in a mining explorer based on a steady improvement. A 'duster' was a term only used for oilies. Now, if it isn't Havieron-size it's a 'duster' and the sp just drifts until the next drilling.

DanielC43R. You're right about EEE - it's another good investment IF you have the patience. Sadly, the share price action and lack of a follow up interview to the results tells it's own story. I am starting to think that when a results RNS uses words like 'confirming' 'encouraging' 'identified' it really means 'not had much luck so far'. Another one - of several - that could come good NEXT year.

and there;s the wres mine.....https://www.youtube.com/watch?v=h9m4zFNmK2s

and if the comp wanted to make a cash raise
it made it more difficult,on a low sp.