Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Jack - I think you’ve got it spot on here.
Several people were constantly posting recently about lack of news/delays, etc and when the first piece of negatively perceived (whether you think it is good/bad is obviously subjective) news drops, they’ve basically scared themselves into selling.
I’ve constantly posted on here that this share has a long way to go before it reaches its potential/true value.
In the meantime, it’s going to subject to short term/day traders, Twitter speculators and the pump and dump crew.
There are merits in both the short and long term approaches, but having ORR rattling around in your head all day every day is a one way ticket to poor mental health
DCat - half the problem with many is that they look at the g/tonne numbers and have a preconceived idea of what a ‘good’ result is.
Today’s drop is largely the result of short term traders messing themselves and bailing…
UK - you don’t know what my trading/investment pattern in ORR has been, so It’s probably for the best that you to stop making assumptions. With regards to the content of your posts here, you were spouting nonsense earlier about how they delayed the release of the drill results so that they came after the AGM for starters.
UK - mate, I’ve been here since the SP was in the 0.20s around March last year, so what you say is largely irrelevant to my opinion of the progress of the company.
What I do take exception to are half truths and disingenuous commentary from someone who doesn’t even have any skin in the game
So far, only 9 holes out of 29 have been reported.
The CEO says that today’s results are encouraging enough to keep the drill rig turning, with the next phase being planned for later this year.
As Ben has pointed out, the zone where there was visible gold has yet to be reported.
Get some perspective people
I’ve said a few times (since March 2020 in fact) that ORR is and always has been a medium to long term hold. Pending any outright disasters, I think the share price here will be significantly higher by the end of the year IMHO once the lay of the land in Cameroon is known and we’ve had various updates from Senegal, etc.
In the meantime, obsessively watching intraday movements in the share price only ends up damaging your mental health. I appreciate that is easy for me to say as I haven’t leveraged as much personal capital as others on this BB, but it’ll all come good in the end...
GLA