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QBT is already live via Hargreaves Lansdown
If it mentions that mining ops have already begun then it’ll be wowzers
Belstaff - yes
Plenty of people buying the dip
That RNS has spooked a few and MMs rattling down the SP on a no new news RNS.
Stay strong!
All resolutions passed. Trading as Quantum Blockchain Technologies from tomorrow. Ticker #QBT
Boom
Axelrod is spot on. I really don’t understand why people are getting knotted up by ‘lack of news’ when theoretically, we might not hear anything until the final day of Q2 which is the end of June.
This is AIM folks, the price of shares usually drifts between bouts of news. One thing we do know is that there was a director buy nearly a month ago at a premium to the current SP and there is visible gold in one of the core samples - both positives IMHO...
GLA
Looks like the SP is going to rattled up and down quite aggressively for the next few days.
I suspect by the end of the year your holding in ORR will be worth significantly more IMHO.
Watching the day to day movements can be frustrating but as I’ve said numerous times, ORR is a medium to long term hold.
I know people make the comparison between this and GGP, (and I appreciate certain factors between the two aren’t comparable) but look at where that share was at the start of 2020 to where it is now.
Keep the faith and GLA
FFS - there was a RNS literally two weeks ago about the drilling update and visible gold.
Seems like people are messing their pants on an Internet forum for little reason at the minute.
Putting it bluntly, the BoD of ORR have no obligation to keep spoon feeding PIs who own a couple of grand in shares RNS’ about every little update on site.
This is AIM - shares drift in value between bouts of news. If you think the grass is greener in the meantime, either diversify your portfolio as DogStar suggests or chase another rainbow.
I agree that sentiment is important, especially in micro cap companies such as ORR.
Low volume and relative illiquidity works both ways - you wouldn’t have had this storm up to 1.7 on sentiment alone otherwise!
Let’s see the actual drill results say, rather than speculating is what I’d suggest. I’ve been here since the 0.2 days last March, (I have traded a few en route) so I know you need to be patient with this one!
I think the main issue here is that people keep making incorrect predictions on timeframes as to when news is due and when it goes quiet for more than five minutes, it causes people to get spooked and sell up.
Whether ORR choose to release hole results one by one or all at once is unknown at this moment in time. As stated below, we know that they’ve currently drilled 3/4 of their 28 hole campaign, so they’re making progress.
One of the cores had visible gold, which you’d think must be a good sign.
If you’re in only in for a trade, then the current SP is lower than the director buy two weeks ago, which would indicate a good entry price IMO, otherwise this is and was always going to be a long term hold. GLA
Only an idiot would say ORR is ‘dead in the water’ when there was a RNS two weeks back saying there was visible gold in one of the core results.
Crikey, some people need to get some perspective or stop trading shares like one of Del Boy’s get rich quick schemes