Looks like a very big move ids brewing here,should go to 0.15p on a decent run IMO
Have not posted here for a while and still sitting on a few sub 0.10p bought ages ago,all still positive IMO from where we were and things are cooking in background IMO ,i feel patience could be very well rewarded here.
Am also taking a look at ECHO energy which looks like its about to get a large bounce up, can se that mirroring the big moves we had here a while ago.
Reminds me of that Carpenters song " we only just begun " :-)
Mr P, it looks like 0.15p will be going soon ! so we might end over 0.16p today IMO
Mick, are you aware their near neighbour Chesser Resources is valued at ten times Oriole but have less than a third of the resources of ORR ? that tells us that Oriole is sitting on some hot real estate there and hugely undervalued. Is only a matter of time before this gets one heck of a re-rating and holding these cheapies at near the recent placing level will prove to be very lucrative indeed.
I can see some tasty gains here in the offing.
Mr Positive, in ref your comments about another GGP type re-rate here, i absolutely agree it has all the hallmarks of exactly that,big new resource belt opening up with first mover advantage. Can actually see it happening.
We are about to get a big push up IMO folks realise how cheap this is ahead of some big company developments
Yes something happening in the order book...loads of shares around yesterday but today so far very very tight which suggests someone being helped to load up. Im adding a few myself :-)
Getting hard to buy any shares at all now...i suspect there are some huge buys gone through not published yet !
I can see this getting back over 0.25p before end of year, fantastic JORC and we are about to get that hefty rebate :-) this is the one small miner to be in at the moment IMVHO
Also appears the placing overhang has now gone so we ready to move and chat TA suggests that too.
So to clarify that £150k buy was @ 18.74p which was bought at a premium at the time,will be interesting to see the next holdings RNS or if there is a new investor onboard.Either way it is starting to hot up here for sure ahead of the Divi and new production figures :-)
WOW just seen a delayed £150k buy from 10.23am this morning and there were also several £20k and £30k buys too abit later, not suprised as PAF is shaping to be one of the strongest buys in Gold at the moment. A nice dividend of nearly 1p at the end of this week coming and i understand some decent additional production from Mintails in the offing.Next year could be golden for PAF with the currency advantage and increased Gold prices on record production figures. A chance they could pay a 10% dividend next year IMVHO
PP, agree with those comments - not often an opportunity like this pops up these days and i predict Oriole will be one of the big movers shortly.
I think it could go back above year high of 0.45p and be backed up by solid news, remember the big moves made by GGP and EUA ? this could do same IMO
For sure the big boys will be watching Oriole closely, we know there is some major investment going in the country and ORR could be sitting in the first real gold province with first mover advantage. Fantastic position to be in !
Im quite excited about Oriole Mr P , i think the wife would be too :-) not many cheap shares left now is starting to move.
Yes its looking like its about to make a big move, placing overhang should be clear now !
Mr P, i share your excitement on the future here at ORR :-) opening up a whole new gold province before the big boys move in. Can see those type of increases you mention too.
PP, I get the feeling Oriole is about to get rather perky and great timing with the placing overhang appearing to be either gone or on fumes.Limited time to get the cheapies under 0.15p IMVHO
Portfolio Power _Posts 1,524_Today 12.23
Post courtesy of Kaffco from another bb
"kaffco: Have just seen some chat on a private gold investor forum ( Usa Based ) that their main Analyst has mentioned he will be releasing a detailed article on Oriole next week alongside additional wider look at the Gold market.That should get ORR some fantastic exposure as they have over 50.000 paid subscribed members and the majority of them very wealthy individuals."
Mister P, i like the comparison with GGP ,actually Oriole could even do better given those other zones yet to test and the high chance of a whole new gold belt being present.First mover in that instance is very valuable indeed and for a small company like this it could move them very quickly into the mid tier miner bracket :-)
For those invested at these levels that would represent life changing GAINS.