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Just lack of significant volume Kutzz. We need news to drive forward. Tim suggested early Q2 for further news so we must be due another update soon. In the meantime remember Lanstead are paying more every month to the company whilst we are in the mid to late 0.30s SP.
We have lots of news to come, Gold is going up. Perfect drivers for the SP.
I would like to know how many they gave sold though. Come on Bob this ones on you ,put some pressure on Lanstead. You told us for every 1% they sell they have to notify the market. It will help you and your shareholders ultimately with the SP.
2m shares sold and it drops 5% is a joke.
Yesterday we saw 5m shares bought just before close of play.
It’s disproportional to the amount sold vs bought.
MM for Oriole is a toilet
5m buy coming into the close, interesting!!
& tick up due
Atm
Gold is shining ‘bright like a diamond’ and could hit $3,000, says Citi
https://www.cnbc.com/2024/04/16/gold-is-shining-bright-like-a-diamond-and-could-hit-3000-says-citi-.html?__source=androidappshare
Still way undervalued, MIMS seem able to drop the price easily when a slight sell appears but increases take massive buys.. they know this will bang soon, more news imminent.. Will the board make ORR a plump little beast orr the a big boy buyout? Interesting times ahead... I am holding my "golden tickets" and adding where I can GLA
Looks like Lanstead may of been cleared for the week. Also more buys than sells.
Sellers have returned. down we go.
As an investor in TOM I own 16 acres of Utah for what good it will do me! Has anyone worked out how many acres ORR are interested in and divided it by the number of shares in issue?
If it wasn't for those pesky profit-takers ORR might have been up every day this week which could indicate a final break with ORR investors selling into EVERY rise. With the rise in the price of gold accelerating, the increase in ORR's future net profits just gets better. However, I suspect ORR's production costs will be relatively low so we won't see the full benefit. Perhaps Troajan can suggest goldminers on the brink of going under who will suddenly see their profits go stratospheric?
Up nearly 6% on the week and up 33% since early October, 6 months ago when this rally started.
Atm
Gold is absolutely flying.
Which can only be a good thing for anyone operating in the section from top to bottom.
Lots of block sells this afternoon. That’s okay, it’s been a decent rise these last few weeks.
Still waiting for a Lanstead TR1 which seems impossible. Only when they deem it necessary to update us.
7000m of drilling underway.
Hold for gold
"Should get a decent rise today giving how much gold has risen since yesterdays close."
If only.
Nothing is ever straight forward here.
AND powering up despite high interest rates and high dollar. Normally both of those destroy gold. There truly is steam under this.
Watch this video of a congressman trying to get people to understand the US growing debt situation. Frightening that they are literally barrelling towards default because they can't get themselves to care about anyone but their individual agendas
https://youtu.be/EzZGoF8mNjA?si=fx4PApIrgVaeh4Lo
That's a 20% increase on the revised up JORC estimate now!
Totally agree, undervalued, glad to be in at these levels and below.
Waiting patiently Kerching
Blue
Should get a decent rise today giving how much gold has risen since yesterdays close.
This wants to break the .40 barrier and with some comfort I think. Technically we should be poking over the .5s with what has been achieved to date. Lots of opportunity to buy in and make money here as a lot has been de-risked !!
Bbbblue
Https://x.com/orioleresources/status/1778090653244596449?s=46&t=_nigBHAcmev43MbB6y2J5w
Morning All, I have instructed H&L to do a bed and ISA thing and so there will be a back to back trades for £20K. You would have probably worked it out I know but just saying so no one panics! Should be sometime in the next 24hrs or so.
I agree GodofHellfire. I'm antcipating some spectacular hits with the drill at Mbe.
We can actually trace the bonanza grade vein at Mbe so we know where to drill. Once we hit there this little company will be world news- and we will hit there. The gold is at surface.
This is as close as one can get to an open goal in exploration.