Member Info for GodofHellfire

Need to get some of these funds noticing ORRs situation

https://www.fundcalibre.com/the-funds-investing-in-the-aim-market

20 month high is 0.24p...cheap as chips for any lucky noobs to this share

Fed aside gold goes up when there's uncertainty and Bitcoin is following with the dollar holding. The market is looking to safe havens so the market doesn't think things are tickety boo

The market is seeing lots of weakness in the data and the fed can't reduce rates for fear of inflation taking off again. So they will hold them for all of 2024 unless something breaks (and even then they may not). The market is pricing a break. The fed can't print because of inflation so if something breaks there's no medicine

A high gold price means the market expects central Banks to cut rates .

For central banks to cut rates, something has to break big time.

If something breaks the market will sink.

If the market sinks it will take aim and the gold price down with it.

Then once the dust has settled gold will higher than ever again. If there's money on the sidelines and the worst over with, money will flood back into aim

$2061

There's no volume at the moment, just market makers. Need better marketing

Marketing isn't their strong point

MMs love to manipulate stop losses

As a long term commentator on the realistic situation of ORR. What's your take now?

It's always dragged down as the discovery news got overshadowed by the lack of funding to do anything with it. In theory, that problem is no longer there so it should hold because the future news can actually come to something

All hope is not lost. I've just had an idea....

i'm not sure calling out orr as the worst performer at 95% is actually fair. you have to remove the heady pump and dump of the covid era from actual value because it was behaviour driven, not rational.

the thing i learnt from that explosive time was that orr have a compelling story but obviously that vision has been hard to play out. i experience this with start ups in general. vision is great but building a business and getting people to put their money where their mouth is is tough when in a high interest rate high inflation environment (which many don't even remember).

so if they survive, which is the absolute essential need right now, and they manage to get through the tough times and launch their product (find gold) then that compelling story has already proven it can garner explosive interest.

the tit for tat arguing on this board is rather boring. we all know the facts, we keep telling eachother, and the bod read it. so can everyone get off their soap boxes and be productive (being quiet is also productive when you're a bit negative). i don't agree with coyote's blinkered viewpoints but i also don't think it's sensible to **** off the company because either you're damaging your own held position or you are actually damaging other's positions with no care other than your own self-righteousness. the rule is dyor, not ward off people and save them from "wasting their money". it's free speech yes, but your words are harming people so be considerate.

I've seen a few juniors collapse recently so if Orr are still going, then it's not all bad news for now

Goldman Sachs are down 33% because they are exposed. Don't see JPMorgan down 33% and they have the same environment. So yeah, if I was a shareholder of GS I certainly would blame them for engineering their exposure to loss of income

Kutzz - "hosting several parties in Cameroon"? Black tie or an informal affair?

Caveat. Maths not my strong point. For ORR to have over a billion Mcap, it would need to trade at about 30p. That would be a 333 bagger from today's price?

Just filter eachother

It's freedom of speech. It's anyone's choice to listen or ignore. It's a public forum. Having a go at eachother is just about you.

Https://youtu.be/OPGIR9nZQpw?si=9Mhl9lkA45OHiUE5