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I know what you've told me. I clarified I was wrong on AGM but in fact someone else posted that they stopped taking qs on Fri then posted these poor results today so even that wasn't far off! And it's not for starters, it's the only thing and I confirmed I was wrong and apologised because unlike you I have no agenda.
UK - you don’t know what my trading/investment pattern in ORR has been, so It’s probably for the best that you to stop making assumptions. With regards to the content of your posts here, you were spouting nonsense earlier about how they delayed the release of the drill results so that they came after the AGM for starters.
Which half truths?
I had the foresight to sell at double today's price so whilst I don't care if you listen to me, perhaps you should, as it seems I have a better understanding
The fact I have no skin in the game suggests my opinion is probably more objective than yours
And Parkboy, I did. c.£30k at 0.4 sold at an avg 0f 1.55. Most of it came from Ormonde, if you care to go back to that you'll see I had c0.7% of the co when it was in the 0.7p range last year.
95k course you’re did, bore off.
UK - mate, I’ve been here since the SP was in the 0.20s around March last year, so what you say is largely irrelevant to my opinion of the progress of the company.
What I do take exception to are half truths and disingenuous commentary from someone who doesn’t even have any skin in the game
Hardy - because unfortunately some like you can't say yeah fiar point but respond with deramper/great results etc instead, and I will always answer posts like that
I'm a full time investor for the last year, made £95k on this alone, so have the time to indulge myself :)
Jackthebear, yes we agree 100%. Lets look forward to the next set and uncovering the resource size..
Kutzz, completely agree and seriously hope they put the wrong RNS headline on the wrong results.
Let’s hope we get another zone later this week that matches up to the title.
Still in and still backing the team.
UK - if you don’t hold and aren’t looking to buy back in, why on Earth are you spending time posting here, apart from to continue your ‘I told you so’ line of tedium
It’s okay to be disappointed in the results and not come across as a de ramper.
The results aren’t great so far for bakassi zone one. Far too narrow. you can’t argue with that.
It’s pretty painful for people who got in a lot higher like myself. I’m not selling, one because I’ve down massively and two because we still have more assays to come.
Of course TL has to sound confident, he can’t say they are average but I’m sure they were hoping for something better.
When I saw the headline for the RNS I thought “yes boy!!!! Here we go” then I read it and my bubble burst.
Either way let’s see how the next set of results go.
Ignore obvious typos in last post ;) lol.
Jackthebear, the market obviously are the people already in. However, to make a snap shot over a small set of results in a huge area is taking a narrow view. Some people slating the grades have money in other gold miners with far lower grades. The pont here is that this is the start of a long journey. The grades referred to as part of a bigger picture make them a good grades and with POG predicted to rise a lot of futher, even more commercial. However some are only deliberating point to 1 set of results. For context look at historical grades too..in mining you'll get a mix of strong and not so strong grades. All about blending the two and tonnage. The area is sunstantial and open at depth. So to me suggests that there is commercial grade opportunity here. So Market being the people holding a d now selling it have to wrong Imo.
Jeez, a total of around £20k worth of sells dropped this by 16%.....
Not looking to buy back in, just involved in the debate and interested in the results. I wouldn't buy in until post the next placing. JTB - 1m at low grade is not continuity, it's all spin. And again, what is the dilution to equity needed to to prove it even if they're right?
UKI I didn’t say you were a shorter. You are clearly looking to buy back in here hence the most frequent poster on the board today is uninvested atm. Filtered.
Bridgedogg - nope, I'm replying to frantic posts by ppl trying to lie that these are good results. I would like them to be, it gives me no pleasure to see normal investors lose money.
But it does when it's ppl like you who dismissed what turned out to be accurate comments by me last week.
Like I said, check my post history. Already disclosed that I sold at c.1.55, if I was a shorter I'd have happily closed already....I do short stuff from time to time but only FTSE 100
Bridge. Key thing is goes down 100m SO FAR. TL states remains OPEN AT DEPTH..
TL is the CEO of a company that relies on external funding to survive and will soon need more of it, as they haven't found anything of note.
As I said before UKI looking for re-entry here. Frantic negative posting.
Results show greater than 1g/t going down to over 100 meters. That’s commercial results.
This is exploration, it doesn’t always have to hit amazing intersects, and there are a number of other sections to be reported before the end of June. Anyone selling here, at these levels needs their head checked IMO, this was already undervalued. Perhaps a knock to sentiment without great grades/widths, but this is a fraction of the picture. See you all in a couple of weeks for the rest of the results - plenty to look forward to.
. The results reported today are for holes BBDD002 to BBDD009, all of which are from the 5.3km-long Bakassi Zone 1 prospect ('Bakassi Zone 1' or 'the Prospect'), and include best intersections of 2.45 metres ('m') grading 2.96 grammes per tonnes ('g/t') Au, 3.60m grading 1.75 g/t Au and 12.40m grading 0.71 g/t Au. The results have confirmed more than 100m vertical continuity (from surface) to the system, which remains open at depth.
Market has missed the opportunity here. I'm with TL who is an expert in his field. Key words REMAINS OPEN AT DEPTH...5.3KM...LONGWAY TO GO. IGNORE TROLLS.
Firstly those grades are not commercial at those widths, no matter how vast the acreage.
Secondly, let's assume for a moment that's true - at that low grade/low width, tell me the dilution needed to prove a commerical resource, when drilling here?
Market has missed the point. Given the accreage, the grades are strong. TL concept is being proved up..imagine these grades in across such a vast area. Hugely commercial imo.
They're not high grade, it's that simple! And even if they were, widths are tiny
Sorry but it's true
And I was in here in October before many of you had even heard of ORR, check post history
Comment of the year.
It's simple really:
You either believe the legal RNS released by the company which states 'High-Grade Intersections' and the obvious excitement from the CEO's statement, OR...
You believe strangers on a bulletin board.
I know which I'm going with.
Either way, the market will decide and these are the start of a lot more results to come.