Member Info for Hardy78

Domwah - when the news was announced on 4th Aug, the share price jumped from 11.5p of the previous days close to an opening price of around 12.5p, thus creating a gap when you view the movement of the share price on a technical analysis chart.

Sometimes when a share price spikes up and a subsequent retrace begins, some Market Markers/traders wait until the share price returns back to the price prior to the spike (or a price as close as possible to it), therefore ‘closing the gap’ in the chart.

Today’s price action showed that at around 12.3 to 12.5p, buyers were happy to buy back in volume. GLA

Looks like they want to fill the gap on the chart at 11.5 to me…

A closed period is typically 30 days, so based on that logic, we should be getting results by the end of the month.

We shall see! GLA

I think at this stage, it would be good to see some of the directors put their money where their mouths are and buy some shares

CBax - yes, it’d be my opinion that the share price will be higher than 1p by the end of year

Tiny volume, but all going in one direction, which has dragged the price down.

Hmmmmm

Largest volume and the first time we’ve had two blue days in a row since the end of June.

It’ll be interesting to see what occurs tomorrow. GLA

If they do raise funds via a placing, I can’t see it happening until the Fare results are revealed and they can raise at a much higher level.

The whole market is getting spanked today by the looks of it. Tin hat time until Fare results and then who knows…

GLA

Kutzz - I took another 300k at 0.488 which I’m fairly confident was the bottom. Just be nice to have more than one blue day in a row! GLA

ORR ‘hold a rise’ challenge July 2021

The results from core 07, shown in today’s Twitter post have already been reported in the RNS dated 16th June.

They did this last week with core 08, tweet photos of cores which results have already been reported on to pump the price and then when the next set of results comes out, people are confused why they don’t correlate, which we saw on Monday with a 20% drop in share price.

I find this method of publicity disingenuous and therefore I’m now staying away

The fact that ORR has dropped by nearly 50% over the course of three months is intriguing considering that, as someone pointed out earlier, the projects are advancing and overall the fundamentals of the company are looking good.

Overhyped? Under delivered? Sentiment gone? Who knows?

0.488 is when the buying starts up again.

Just taken another 300k.

GLA

Weird talking down of the results in the RNS, no wonder it’s tanking today…

There was a RNS about core 08 on 16th June confirming visible gold. Just waiting for the lab results on it now, though I concur that this will shift when the next RNS lands! GLA

Sorry, wrong BB!

More photos of visible gold in the drill cores have been posted on the Arkle Twitter page - @ArkleResources

They certainly seem confident! GLA

More photos of visible gold in the drill cores have been posted on the Arkle Twitter page - @ArkleResources

They certainly seem confident! GLA

Yup!