George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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big move up ahead
Looking to top up sub 1p might get the chance nxt wk
MrP, they will be all over this, meanwhile we can build our holdings on the cheap. Geology in and around are liences is being proved up by the likes of Chesser, major indicator to what we have and our market cap is peanuts. Gold play of 2021 imo.
Our neighbours results yesterday is another solid endorsement of what we can expect here.
"Senala" gold deposit looks so juicy.
My Q1 price target range here are:
5p lower end
10p upper end
Market should be all over this one as nobody wants to miss out on the next GGP in the making.
Chesser Resources are 'next door' to us have had further success with the drill bit at Diamba Sud. They only have a 53km2 block whereas we have 472km2.
The area (along Senegal Mali Shear Zone) is world class and millions of ounces of gold has been discovered by the likes of Barrick, B2gold, Teranga etc.
Oriole is in a fantastic location, partnered with Iamgold, grades so far have been exceptional, more drilling results in the pipeline, Iamgold investing more money ......... it doesn't get much better !
Then we have more acreage in Cameroon (Bibemi and Wapouze), about 300km2 of prime acreage with exceptional results and more drilling results to follow soon.
Chesser valued at about £50 million and Oriole only about £15 million.
This is only the beginning of the re-rate.
In my opinion Oriole have it all !
can you imagine if this was on wall street bets. then it really would hit a £1 within a few days
Yup MrP, very exciting time. This quarter has the makings of being transformational. Once the positive news flows, this will snowball as interest from investors will rocket. Meantime sit, wait and let the story unfold :)
This is getting primed now.
Just waiting for results from IAMGOLD from there 10,000 metres drilling. They got another 5000 metres planned and to spend another $1m by end of Feb.
Getting very exciting now.
Offtopic: I've spotted a similar flag formation to orriole on american airlines (premarket, use IG to see)
crazy times
https://mobile.twitter.com/MarketofStocks/status/1354777135920119817
Grades are truly astonishing .
cheers jollygoodya
Ogm4, good work there mate. Bodes well for us. Our BoD has extensive knowledge of the geolog.
That's a lot of gold found at really shallow depths just nextdoors folks.
It can't get any better than that!
For those not aware yet:
Chesser Resources are our neighbours only say 5-10 miles away with appr. 80 Million USD market cap !...
They found absolute world class results of high grade gold in Senegal at very shallow depths.
DYOR
The company has informed the market about " further spectacular highgrade assay results"...
Look at those grades !...
16m at 23.38 g/t gold from 40m, of which 4m at 74.23 g/t gold from 45m !!!
https://www.investi.com.au/api/announcements/chz/0167140d-fa5.pdf
Chesser Resources results from the Diamba Sud gold Project in Senegal to date include:
? 16m at 23.38 g/t gold from 40m, including
? 4m at 74.23 g/t gold from 45m
? 35m at 9.81 g/t gold from 2m, including
? 20m at 15.48 g/t gold from 14m
? 44m at 4.37 g/t gold from 18m, including
? 4m at 13.29 g/t gold from 20m
? 4m at 9.96 g/t gold from 54m, and
? 1m at 13.30 g/t gold from 60m
? 49m at 3.64 g/t gold from 10m, including
? 8m at 10.75 g/t gold from 34m
? 38m at 4.36 g/t gold from 2m, including
? 22m at 6.66 g/t gold from 10m,
? 27m at 2.71 g/t gold from 34m, including
? 3m at 11.82 g/t gold from 54m
? 26m at 2.56 g/t gold from 17m
? 17m at 2.42 g/t gold from 54m
https://mobile.twitter.com/aim_gravy/status/1354698413720424448
Chesser found more high-grade gold in Diamba Sud...