Member Info for Coyote2020

Heck, I've managed to offend someone here. With the rhetoric of the last two years plus and particularly of late with the daily routine of Company/BoD bashing, 4 letter expletives and trying to make a case out of any old nonsense, that's some achievement.

This is a retail stock. What's said on this BB matters as sentiment with this company is gleened from somewhere. This is also the Internet, are posters serious investors or only here for the entertainment (troll). Charlatan isn't in the Dictionary to fill up the space.

Oriole were attracted to this area due to it being crossed by the dominant Tchollire-Banyo shear zone (TBSZ) structural corridor related to the globally significant Pan Africa/Brazilliano fold belt that is known for oregenic-style gold mineralisation across Central and Eastern Africa and into Brazil.

Also, recently published maps by a World Bank funded prospectivity programme, PRECASEM, confirm that the CLP project overlies the highest priority gold district identified by the programme. (Extract taken from RNS).

In Q2'21, Oriole commenced a package wide mapping/stream sediment sampling programme beginning with Niambaram and Tenekou licences, then moving on to Pokor, Ndom and Mbe. With some good results across all 5 licences, Oriole identified 18 targets ranked accordingly for follow-up work programmes. 5 targets were given Priority 1 status. Pilot area grids for each target were set-up within each licence area, soil samples taken, again with good results. Multiple 2-3 km long gold-in-soil anomalies at Pokor, Niambaram and Ndom. A 12.5 km × 3 km anomaly at Mbe utilising an additional Grid 6 extension.

The CEO said, "These results are hugely significant as they are confirming proof of concept for the CLP. We are seeing multiple area's of gold mineralisation in a brand-new gold district where there has previously been no exploration."

Work progressed, now focussing-in on a 3 km long × 70 m wide anomaly at Mbe returning results of;

2.20 m @ 8.47 g/t Au, 5.00 m @ 0.90 g/t Au, 5.00 m @ 2.03 g/t Au and 2.10 m @ 3.69 g/t Au.

These are channel- chip samples. A channel of approximately 100 mm high × 50 mm deep cut into a vertical face where possible, in artisanal pit workings to give a window into the much wider corridor of mineralised veins. Other rock-chip sampling taken throughout this single anomaly gave results of 134.10, 131.80, 64.30, 40.80, 19.44, 16.20 g/t Au.

Interestingly, the 134.10 and 131.80 g/t Au were 60 m apart and from a vein which is 2 km from the artisanal workings and all part of the same anomaly.

M & A activity seems to be on the increase in the Lithium space of late, evident by Albemarle's takeover offer for Liontown Resources and their Kathleen Valley project.

Lithium prices have come of the boil for sometime weighing on valuations but creating opportunity for the cash rich Majors to acquire new assets at bargain prices.

Liontown's share price, up 9% today, has exceeded the offer price thereby fuelling speculation of a bidding war.

Drill results at Kamativi are due soon.

Vale are to invest in a couple of downstream processing/refining plants for nickel and cobalt in Indonesia. Value of the investment, US$9 billion.

Under guidelines for US law, Washington requires a certain amount of critical minerals in EV's to be either sourced from the US or from a free trade partner for EV's sold in the US to be eligible for tax credits. Indonesia has invited the US to begin talks on such a trade deal for critical metals so exports from the S.E.Asian country can be covered under the US Inflation Reduction Act.

This may not affect Asiamet directly, but indirectly it's another plus. Right time, right place.

So you're not invested in this company for 50 million shares or whatever the figure happens to be these days, it's all a lie.

More of the same Kutzz, by the bucket load, culminating with your advice others should stay away from this stock.

Is it true, you once accidentally fell over only to discover a fiver and have since been prophesying, several times a day, why it wasn't a tenner.

What's next? Buy more shares?

Ahhhhhh, yes. "Shooting oneself in the foot, there's nothing quite like it!"

Take the CLP, over 4000 sq km of contiguous licencing, 10 in total (one under application) roughly the size of the county of Essex or Greater London which has had NO exploration. The ground is untried and untested. There are no data sets from previous explorers, no drill results, no drill cores hiding in some core shed unseen for the last 50 years and highly amenable to modern day sampling and testing, there is nothing only brand new virgin soil. This could be Alaska but it's not, it's in the heart of Africa, a country regarded more and more as the next destination for future green energy metals and is accessible to exploration.

8 licences were granted in Feb'21 and the 9th in Nov'22. A further licence Maboum is under application. The company has completed two seasons in the field, 21/22 and 22/23 and is about to start the third in Q4 this year.

To date, the company has confirmed multiple gold-in-soil anomalies over the 5 eastern licences and more specifically, have identified a mineralised corridor 3 km long by 700 m wide giving results (outcrop) of 131.8 g/t Au and 134.1 g/t Au. This is just from one prospect within one licence from a district scale land package of 9+1 licences and is only the start.

This is brand new ground. No one has any idea what might be there and should there be even a whiff of something different, then the lid will fly from this stock. Who would want to be left out?

Missed the point entirely. Nothing unusual there.

Don't mention MTL on this page. It's all quiet over there with not much to say before the next RNS in 6 weeks or so. Stock has drifted up 18% in the past few days and likely to double and more not too far into the future.

Here with this stock you have quite the reverse!

DYOR.

Anything written on this page has ZERO value.

The contest is down to Sibanye Stillwater who have brought in a Chinese partner and China's Zijin Mining. The sale of Mopani Copper Mines is expected in the next 2-3 weeks.

Sibanye Stillwater reaffirmed today, it's still in the hunt for Mopani Copper Mines. The Johannesburg based precious metals producer is on the shortlist (4 in total) of potential buyers for the state-owned copper mines.

Even after all this time, I am sure you do not know what you are doing except for trying to convince yourself and everyone else that you do. I certainly won't be buying shares on your recommendation.

1/ Capital raisings are influenced by market sentiment and therefore liquidity. BB (what the punters think) are a source to determine market sentiment and therefore offer some guidance to a successful placing.

2/ Quoting the CEO and CFO of 3/4 years ago about legacy assets is tosh. These assets are fall-out from when Stratex imploded. Monetisation from these is a bonus and should not be relied upon.

3/ Brokers quote all sorts of fanciful figures.

4/ Raisings aren't evil. It's what companies with no revenues do. Endless ranting and raving several times a day over dilution is drivel of the highest order.

5/ "Dilution isn't a bad thing". Well it's not. It leads to multi bagging farther on down the line. Everything has to be paid for.

6/ The Lanstead figure will be whatever the average happens to be, not necessarily the figure quoted by you.

7/CIB "I'm not convinced it will happen" based upon even more drivel.

More congenial pessimism in spades. I could go on but I won't. Enough.

If you are struggling with the question, then try these;

A week, a month, a year.

A whole year? "You cain't be serious!"

Consulted the crystal ball which says "if the drivel persists on this board like it has for the last 2 years+ with this company, then you'll have to make do with a cheese sandwich."

It doesn't take much to move small caps in either direction. With a number of catalysts on the horizon, I believe you won't be partying because it's Christmas.

Correction. Kafue River.

No I haven't been there, but Google has.

Oriole are a fledgling exploration company with no revenues or income listed on the stock exchange for the purposes of raising capital. The money is used to fund their work programmes thereby increasing the value of the asset.

The legacy assets are not planned investments designed to provide income to Oriole through it's formative years. They are best described as left-overs from the Stratex day's and should be viewed only as a 'bonus' when realised.

Oriole has been open and transparent with fund raisings. Work generally starts in September after the wet season so funds are raised are annually prior to this event.

As you are no doubt aware, market sentiment in the junior mining sector in particular has been dire with Directors, CEO's who have worked in this industry all their lives saying it's the worst they've ever known.

Ability to raise capital is, amongst other things, dependent upon market sentiment and liquidity. Constraints in this area are reflected in Oriole's efforts to raise capital this year as well as last. As for choosing the exact day/week when you should raise according to the sp, hindsight is no guide.

Question.

What is a reasonable timeframe for Oriole, a junior explorer with a fresh start in a new frontier, Cameroon dependant on the market for it's working capital take, presumably before it becomes self-sustaining providing it's own source of income, before the company bashing begins. Two and a half years since the price spike and not much else posted here. Relentless negativity has contributed to the sentiment towards this company and has caused even greater hardship when raising capital, hence the current situation.

Indefatigable optimism not congenial pessimism.