Member Info for GingerHippo

We all make mistakes, Stockie. The key is to learn from them. Do you now understand why NZ is worthless and that the company will have to keep forever diluting to keep the lights on?

This is why I was getting so p***ed off at the rampers who were accusing me last December of being duplicitous and deramping so I could get in at the lower price. That really got under my skin. I've been very clear about what I think since I sold out of this pos years ago.

Meanwhile it's those rampers who were being duplicitous all along, taking full advantage of the P&D and have now moved on to sucker other people in a different share. Makes me sick.

I initially came in for Thar.

When that was shelved they went into green hydrogen. I could get my head around that.

Then i noticed that they started with NZ gold project shortly before it became obvious that GH wasn't going anywhere.

NZ is a worthless asset that's been used for ramping and a P&D a few months back.

Now notice how they're starting with Copper before anything real has happened with NZ.

Can't everyone see the pattern yet? They need to make noise about a new project before it becomes too obvious that the one before it is going nowhere.

They can't get anything over the line and if they stop introducing new worthless projects they won't be able to do any more placings.

Speak for yourself. I'm hoping it gets back to 5p minimum.

"confirmed an exploration target of....."

do you know what the word TARGET means?

"and they must be good"

This is where so many PIs get confused. This is the crucial part, but the wild assumption that results must be good is casually thrown in with an otherwise accurate post. The reality is you don't know what the MRE will be. People keep mixing facts with fantasy.

Fascinating to see StockMaiden bash away on BLOE the day after giving me a hard time for bashing here. Utter hypocrite. It's unreal lol

Have a read of what StockMaiden wrote on another board. He gets it there but in ORCP he is making literally the same mistake all over again. Try and read this without laughing too hard ( I couldn't):

StockMaiden

Posted in: MATD

Posts: 1,949

Price: 1.375

No Opinion

RE: Abandoned prospects17 Jan 2025 10:52

People are okay with projects being abandoned after being told they're highly lucrative prospects

Having spent years of work and millions spent, how could any company just let it drop like nothing has happened

I find it rather disgusting that investors were misled into believing all that.

To further rub salt on wound, our CEO have face to come out with a new block licence and already started to promote that.

Hang on a second, he hasn't really delivered anything and before you know it, let's move onto the next supposedly grand project.

If what we're being told in the past is different in reality, regardless of the reasons. What makes you think current and future projects won't be abandoned.

I don't know about anyone else, but this company isn't being serious. Goal posts and objectives changes to their liking.

A broken trust, and broken commitments.

A good CEO would say and do. Not draft up plans in motion and then drop them out of the blue.

Of course the newcomers won't share the same sentiments, but for people that have been here for 10 years, the feeling of 10 years all for nothing.

Everything I said are facts. Anyone can go back and check interviews and RNS

Oooorrrrr…. You can stop being automatically dismissive for a minute and think about the facts being presented. I mean actually really think about it.

StockMaiden, I’m not here because I have a grudge. What you’re seeing is someone who made a mistake with an investment, can see that, admit it, accept it and learn from it. You are unable to do that so you’ll never learn, never grow and never be a successful investor. You just keep bashing away on a failed path, trying to get others to join you because you’re too weak minded to admit you made a mistake.

Ah yes, the famous ostrich investment strategy. Never fails.

Is this the first time "derampers" have shown up here? Was it a good idea to buy the last time? Or the time before that? Or the time before that? It's down 99.87%. Have you no shame, StockMaiden?

"I have decided to spout garbage"

ROTFL

The RNS mentions Black Cat’s success, but only as an example of a POSSIBLE processing scenario. There's no deal, no agreement, and no confirmation that Black Cat will process Northern Zone ore. It’s completely speculative. In fact, the mention of Black Cat at this stage is nothing but ramping. Just like you guys mentioning GGP in the same sentence as ORCP. The two have nothing to do with each other.

I'm writing this message on Google Chrome. Google has a market cap of $2Tn. Therefore, one day maybe I'll have $2Tn too..... Nonsense logic, right?

If you're so into research why don't you look at ORCP's published grades so far and compare them to GGP's when they were at a similar stage. You'll quickly see the difference.

Apollo Hill has a JORC-compliant resource of 2.03Moz, a completed PEA and years of drilling and de-risking. Northern Zone has none of that. It’s an early-stage exploration project with no resource, no economics, and no path to production.

If you had a decent MRE that would be one thing, but you don't, and you don't know what an MRE will say. Until you do, comparing it to advanced projects like Apollo Hill or producers like Black Cat is just ramping.

Meanwhile, the share price will continue to dwindle as the company continues to raise funds from dilution to keep the lights on.

"similar to what orcp have"

ORCP don't have anything. All they have is permission to continue exploring.

Why do you guys keep repeating this nonsense?

Beaub, it's clear that most posters here don't really know what they're reading and don't do any follow-up research. They've gone in money first.

And they hate us for saying it because it's insulting. It is insulting, I know that. But it's true.

Don't forget to mention the 99.9% of gold explorers that went to zero from this stage. To assume this is the next GGP is nothing but delusion.

Also, the JV will absolutely not give ORCP a free carry. ORCP will have to fund 20% of the JV costs or have its position diluted.

This is exactly as expected. They have received permission to continue spending money on exploration. That's all.

They will continue to explore and explore, funded by more and more dilution, in the off-chance that they make a commercial discovery. The vast majority of early-stage explorers don't, and so far there is no reason to think that this is any different.

Let me just ask you rational people a question. What makes you think that this asset is any better than the 99.9% of gold exploration projects that fail?

The results so far have shown a few good nuggets but overall grades are poor. That’s what we know so far. Just look at the results in the RNS and compare them to other exploration projects. How many of you shouting at me have even done that? And how many invested on a punt without proper research and are now too emotionally invested here to admit they might have made a mistake?

Never once said I’m here to save you money. I’m here because I find investments, this company and this bb specifically interesting.

You say I’m deluded but if you look back on this board a few years you’ll see the same types of posts from investors like you. The results speak for themselves. It’s simply insanity to keep thinking this share is about to turn around for years and years while the share price keeps going down and down.

You believe you’re a rational person, great, so the facts show the company goes nowhere with its projects but dilutes to raise money to keep the lights on. If you’re rational you’ll see that.

Part of the reason I’m here is I’m so interested in a board of people who so firmly believe something I knew is nonsense. It helps me be more critical of my own thinking because we are all prone to this, especially in investing.

And partly I’m here because I enjoy being right. So no I’m not here altruistically. But if it helps someone, great. Meanwhile, it does p me off to see people posting such rubbish (using multiple account btw) and getting PIs to think they’ve stumbled onto the next big thing when I know they haven’t.

Thanks Beaub. People here clearly don't understand the mining industry.