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Like the biggest waves in the world, the markets are about to implode so expect the water (money) to be sucked out of the miners as people panic. Then, in about 2 weeks time we'll see a monumental wave of money coming back into gold, the likes that has never been seen. Mark.My.Words people. Last chance to buy cheap or average down and make sure you're watching to set your stop losses....heeeerrrrreee....wweeeeeeee.....gooooooooooooooooo
Yeah mick-b but it's the same system as their central licence package which is district scale and has gold at surface all over the shop.
I think it's getting pretty obvious that there are many mineable opportunities in Cameroon now. It would be mad to keep getting all these positive results and there not be any mineable deposits. It is literally all over their licenses.
I get it, I really do, things are down, we are all down, things haven't panned out (which Oriole are most acutely aware of, their jobs, lives, homes depend on it) but you all have to admit, if you know anything about normal, the current market situation isn't normal. It feels like you're looking for blame as if you the board have any power to change anything. They don't. They're doing a good job for a junior. All feedback has been positive. It doesn't matter what they do it won't lift sentiment because the cash isn't there, everyone is quaking, the US, UK and Europe are set for a dire winter. What we need is for the world to run out of options and believe all the **** to be true and everything dive with no short term solution. That's where gold thrives that's where rich Joe bloggs with loads of saved up cash will decide to invest (like during COVID), that's where investment funds will decide that they need to stop the hemorrhaging. But at the moment none of that is true, people still believe that things will get better all all is rosey. This isn't a micro environment where the board are to blame, there is literally no-one looking this way. But when the do, all this negative crap is not going to do us any favours. Like I said before, believe, trust, or sell up, shut up and move on. Finding significant gold is not a guarantee, but with the right experts it just might be....
Demand is going to crater in the latter part of this year
What's the balanced view, reasons to be fearful? Weighing those together gives the true cheerful picture right?
Michael Burry just liquidated all his stocks. Hold on tight!!
https://youtu.be/O_ROpx2BIKo
Claude Beget on Stansberry
1,3,4
Share price go Mabooooooooooom haha
To be fair Kutzz you have a chance of being a future millionaire. I don't. There's good reason to remain positive ;)
Been a while hasn't it. I wonder if they're saving them up ha
Not quite sure who to trust with the strategy there Hawaii, a BOD with years of experience in the gold exploration game or a random deramping keyboard warrior haha
Sorry wonkey stupid one line post on my part. Gold market analysts was who I was referring to, not anyone in relation to ORR specifically. Stansberry, Kitco, Bloomberg, CNBC, Wealthion all provide interesting analysis, albeit subjective
Hawaii whilst I agree with the facts in your micro analysis I'm afraid I don't agree overall because the macro situation has to be taken into account also. You could be describing one of 100 miners as all of their share prices are down and they're are all looking around blankly. I categorically do not believe the BOD are to blame. I follow the markets daily and have done for years and there is a complete shift from the norm, mainly due to money printing and the introduction of popular Crypto. These are all having an unpredictable impact.
Gold commentators are perplexed themselves but the general feeling is that this inflation/stagflation/recession/war situation will cause gold to drop initially and then could potentially be one of the few safe havens left for investors. This could then lift gold and miners quite considerably. Speculation but very plausible. I believe there is a lot of hope ahead and I hope that people who hold shares stop talking this down as it doesn't help anyone and is just as much speculation as what I've mentioned above.
If you thinking the BOD are $hit and this is a failure company go somewhere else or sell up. I don't agree with that sentiment I believe in them as much now as I did at 1.6p because there is more meat on the bones of this than it is a gamble.
They're saying there's a gold price cup and handle....
On track to wipe out debt by year end
Chin up all. Keep the faith :) I know it's harsh but there's a reason you all bought in in the first place and that hasn't changed. We were just too early to the party and now we're sitting here waiting for all our mates to turn up. I say we sink a few beers and stick the warm up music on while we wait ;)
Plus the share price is run by AI which is why it keeps bouncing. Machines learn to win