Member Info for hunniford

Looks like Eileen is building a war chest of shares from that latest RNS, now holding 152,672,969 shares. The BOD own 8.41% of the biz. I think between the Bod, Kutzz, myself and a few others on this forum we currently own about 20+% of the company. Hold for gold!

Curious where did you see the info about Eileen’s buy. I looked in a few places but didn’t see anything. Couldn’t see it in an RNS either. Definitely sounds like a positive signal!

Let’s see if Tim re-mortgages the gaffe too!

Not sure about strapping in, rather, I feel like someone has adorned a strap on and give me a damn good rogering in the old ring piece with where this share price is sitting!

The good thing about this company is it is sitting on assets in the ground that are worth something. We also know from the many calls and videos that this BOD desire to try and run an operation even if they had the cash. At heart they are geologists and the strategy is always to buddy up. We also know that virgin ground is getting harder and harder to find. The guys running this company aren't idiots and I believe they are If we had an trying to maximize all the results as they know eventually this could turn into a monster bidding war.

It just sucks waiting :o)

Sorry to see this go belly up. For anyone that bought shares outside of an ISA make sure you speak with an accountant and put this through in a tax return so it is logged. Capital losses arising in the tax year must be offset against any gains arising in the same year and if there is a net gain, then the annual tax free exemption is applied. If there is a net loss, the loss is carried forward to future years until relief can be given.

It may ease the burden if you have wins on other stocks this tax year that exceed the capital gains allowance or in future years, best of luck everyone!

I think they should change the ticker name on this stock to BORRE, we defo need some fireworks or rocket emojis!!

:o)

@Kutzz you are RNS famous, that chairlady Eileen just gave you a shout out in the RNS without naming you. Take a bow laddie!! :o)

Kutzz, I thought of topping up but this is high risk investment / punt. Punt is probably the better term and I don't think it would make sense for me to hold more shares than the CEO. However, I think the signals from the board are strong without them breaking any insider points.

Essentially they are saying "We've taken our results on CLP and packaged up to present to external investors who would have an interest in coming onboard"

I would change my mind on buying more if one of the insiders bought more (outside of the salary sacrifice scheme)

Tim and the team have been speed dating at the saffa conference faster than Kutzz on South beach in his Tony Montana suit!

As Per LinkedIn:

"Oriole Resources has had an excellent first day at 121 Group's Africa-focused investment conference - 14 meetings already held with major mining groups and potential investment partners for Cameroon exploration."

Nice i had a little top up yesterday, so looking good.

Kutzz hang in there dude. By the end of the year I think fortunes will have changed a lot here. Remind me did you invest in this outside of an ISA, if so remember you can write any losses off on your tax return and offset against future profits.

However, it ain't a loss until you sell it or they go Kaput! I really don't think Tim & Bob are the kind of guys who want a turd on their CV.

Saw this from previous RNS posting dates. It will be interesting to see what happens. One would assume they keep to part 2 of the option agreement and spend their $4m. Otherwise all that work would be forfeited can see the new owners wanting to pass up on this if it has really good potential.

I can wait STZ. I had a large holding in this 2 years ago and trimmed it back with some losses. I have only recently topped up again around the 0.00155 mark. Companies like this are a gamble but Tim is a veteran and the Cameroon frontier seems to be doing what the management team thought it would. The BOD's job is to maximise the investment they are sitting on for the company, themselves and er, the shareholders! Part of this, will be the execution of a plan,. Timing will everything. I think they have a decent CFO onboard, CEO has been there and got a few T-Shirts, probably so many that a few don't fit anymore :o) so I would say leave them to it. I'm not all in on this stock but I do have an 8 figure holding. So it ain't peanuts.

Well these guys are finding potentially good commercial gold plots that can be turned into mines. Oriole has never set itself up to be a production company, rather a prospecting company with skilled geologists.

We all know Tim as the contacts in the industry and a past alumni at some of the majors players. So it really becomes a matter of when, rather than if the external investment comes in. I think it is a question of sitting tight. Hopefully the SP has bottomed at this level. Some movement in Senegal would be great. We should be due an RNS on that prospect soon eh? The more these guys can get done before they need outside investment the bigger the value to the business in the long run.

It is very tempting not to invest more here. I have some US stocks I just cashed out of thanks to a solid January, February good be a good RNS month here.

It probably costs the company more than a grand to deal with the admin of the warrants, posting the RNS and all the paperwork. So the business probably loses money each time some idiot exercises that amount of warrants, D'oh!

That was the kind of point I was making, hopefully they know who the new mining minister will be, already have a relationship with that person and hopefully the person isn't an a*se. I have seen many scenarios in business play out when:

1. A new person comes in, doesn't have an ego and things progress as they were and in a progressive direction
2. A new person comes in, is a little insecure, thinks they have to make a name for themselves so end up shaking things up and going backwards for a number of years.

Let's hope we get option 1 and once again condolences to a relatively young man.

Interesting that they put this information into an RNS. Obviously very sad news to hear a man with 7 children has died at 51 years of age. I wonder who is successor will be and will they have the same desire and motivation to keep the cadence going in the country's mining sector.

When I see an RNS like this it does make me think there is an increased risk to the business. Ultimately if you spend time building a professional relationship with someone it takes time to start all over again.

Aye Kutzz, I hear you. I had to go into the wilderness for a while on this one. My recent top ups have brought my average down massively but this is fairly meaningless, it just means I have spent more money on this company. I can't see this purposefully moving until a major event happens. However, it is very difficult not to top up at these prices given the prices this company saw before the pump and dump of 2021. For the entire year of 2020 the share price did not dip below .002 and we seem to be in much better shape than back then, certainly from looking at old RNS items during that period.

Tim Posting on LinkedIn today........Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States slows the pace of rate hikes and eventually stops increasing them, according to industry analysts. Spot prices of the precious metal have shot above $1,900 an ounce, surging by about 18% since early November as inflationary pressures recede and markets anticipate less aggressive monetary policy from the US Federal Reserve.

To Which someone then commented this:
I hold orr shares , been painful lately but very optimistic tim.