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Also makes a farce of Gary M's YouTube statement about people being despite to buy the share at 0.0249
LOL at least someone's managed a sell.......
It's criminal that you are not permitted to sell. It should be illegal. Other people are, in effect, dictating what we do with our holdings.
I know that if I was one of those big 100000000 .0249ers the day after the placing I'd be after someone's blood just now.... current bid ask showing as .021/.022 but in reality more like 0.018/0.021 if you ask me ... both of which is pretty irrelevant cos you can't seem to sell an anyway...... all a bit ominous if you ask me.... but keep smiling eh :-) ....tomorrow's another day & there's always next week/month ..... then 5 months for hibernation .... all the while the £600k getting slowing drained by wages & other such expenses.....
I'm not sure what news we will receive next then. The modelling is continuing on Mutsk, yet we don't have feedback from the results of the prior modelling. The lack of timescale for anything and the recent placing price both only confirm to me that the BOD is running this entity solely for their own benefits.
Can't sell either right down to 500,000 gave up after that....with Buddy singing Ed' s praises for keeping it going the question on my lips now is how much longer can it survive???? MCAP a pitiful £1.65M supported by £600k in the bank which will be drained by wages & a pile of dirt halfway up a mountain range with an unknown & quantifiable amount of gold that's shut half the year that no-one else appears bothered about.
the 35M will be me dumping the share
Yep I tryed dummies yesterday and they didn't want any but I could get a quote to buy 35m.
Just tried to sell £1000 worth of shares, no quote available. Took it all the way to £100, still no quote available
Its also clear in his statement that Mutsk is way off. They have nothing to take to the bank....."When the time comes" and therefore will keep diluting. So more dilution, or consolidation and dilution, no JV, No were near a feasible asset. I am done,
Yep, he quite happily states we are not broke, we have £600,000 cash in the bank "like its something to be proud of", however when you realise that since birdy arrived there have been two massive dilutions, one of which was ridiculously discounted. 1,800,000,000 at 32.7% and 2,333,333,333 at 29.8 % of the total share which in real terms he has diluted the business by 111% in 1 year. So much for Birdy making investors a tidy sum. Anyone can manage in a boom, what a ridiculous sycophantical article. Total Rubbish
Thanks for posting all that Jib. I notice nobody has mentioned the slide in sp, the lack of JV, the lack of JORC, a timescale for the next drilling or the terrible placing price. It's all one-sided and quite vomit-inducing. Amulsar being 30km away is actually quite a distance and has nothing to do with Mutsk. I wish they would stop drawing on that as a comparison. What about the 0.0249p fiasco? I'm sure we aren't the only ones who feel a real sense of improper practice somewhere in the mix. Anyway, not long for me now. Finally though, how they can butter Ed up for keeping the company afloat is beyond comprehension. He has been an epic failure. The Company has how many billion shares in issue again? And the sp is? Night Jib.
So "resource might not be imminent", Galileo have a better project so ORE decided to step in, and Birdies comment of there’s £600,000 in the bank. “We’re not broke,” came at a huge dilution to the shareholders which makes a farce of the statement "Bird’s made many an investor a tidy sum during the resources boom of the last decade" it's was a bloody boom period nothing to do with the incompetent fool.
"So a resource might not be imminent. Instead, Bird is looking at Mutsk in a different light". This next one is illogical and demonstrates no benefit to ORE shareholders at all. "But Galileo is now going to focus on its South Africa copper project, which could be shaping up into something quite big - so the Orogen independent directors took the view that sliding one early stage gold project into a company that was already working on another made a lot more sense." With what funds? The last two are the best. "And successful exploration results from not one but two gold projects should make it that much more easy to raise money on, when the time comes round. For now though, there’s £600,000 in the bank. “We’re not broke,” says Bird. Expect some interesting newsflow in the months ahead.
Looks like Birdy takes credit for all the things he has had nothing whatsoever to do with. Instead of writing How did Birdy end up at ore, they should ask WTF has he contributed in the last year? & then just left a blank page. What a load of smoke and mirrors. http://www.proactiveinvestors.co.uk/companies/news/165941/orogens-expansion-in-armenia-and-the-us-continues-apace-165941.html
Some serious PR work in place to hide the shambles of Birdy "“How did seasoned mining resources entrepreneur Colin Bird end up as chief executive of Orogen Gold PLC (LON:ORE)? Bird’s made many an investor a tidy sum during the resources boom of the last decade when he put together and sold Kiwara Resources for more than US$250…” - See more at: http://www.orogengold.com/orogens-expansion-in-armenia-and-the-us-continues-apace/#sthash.F4tMJks0.dpuf"
The mms usually make things look worse than they are. Well, unless we are in a true bull run situation, then they ramp up everything. AIM is flying high at the moment, so perhaps the mms are actually preparing ORE to break out from being a complete basket case. Nah!
Wouldnt surprise me bannor, re sells
WTFDIK but in my opinion the mm's are making the bid/ask look better than it actually is ... but they wouldn't do that now would they ... not in a fair & regulated market place......... .DOH !!!!! there I go again with my morality hat on
Well played. I'd like to think you've got a real bargain there. Lol. I maintain that Birdy is a hologram.
Well I say not too bad what I actually mean is It's absolute s h it e.... however based on the fact that it wasn't below the bid but was under the market size is I suppose OK based on the current prices...
Weird trading quotes then eh? We need news.
Both spot on I feel.
Not too bad ..... got .02 for them ....pretty sure it would have been in the .018's if much more.....
Just tried dummy order for 275 squid got offered .0205 .... which would appear as a sell here...... Couldn't really get a dummy sell as it went NT for all volumes from 10M down to just under the market size... so just to find out I placed a sell order for 999999 of them so that will be obvious when it comes up..... might sound daft but I just had to find out...!!!