Member Info for hunniford

Cheers Troj that is what i ended up doing. I wanted to get out of one broker and into my main ISA with a different broker but when you factor in settlement time and time to withdraw funds it was a bit risky. It might have helped you guys since I know as soon as I sold the SP would rocket!!

In the end I opened up another ISA with my non ISA broker and am moving most of it across. Having the SP depressed at the moment has been good for moving more shares into my ISA ! So when this rally's back up over 1.11p in the next few weeks I'll be saving some monster capital gains! Every cloud..... as they say!!!

I wouldn’t mind seeing a few more director buys but not sure if we are in a closed period now on the run up to the AGM and news coming? However, it would be greatly appreciated!!

Bit of activity on Twitter and LinkedIn today so I’ll take that. Of course it won’t do nowt for the SP for that we need news but let’s hope their sentiment is good.

Well if the ORR guys are getting excited about all the IAMG spending an activity perhaps we should too.

After all IAMG wanted to continue the JV into Year 4 without walking away so there must be something worth exploring there.

There should be a decent chunk of news to come in Q2 so lets at least give that a chance. That said if you think it is going to be bad or average then now would be the time to sell and increase your holding for less once the news is out.

I just can't take that risk at this stage in the game. I did want to sell up to move some into my ISA but didn't want to take the chance in case news dropped between the time i sold and got my money out of my broker and got it back into the next buying chance.

They are also posting this info on Linkedin $60m capital expenditure to be spent at Boto by IAMG for 2021 and our MCAP is in the region of $15m dollars at the moment. so what's the cryptic message??

1. Our JV partner has deep pockets (well it is a 1.5BN company) so we knew that.
2. Our JV partner is investing all of this infrastructure due to the known gold quantities in the region so watch this space!
3. We still don't have much more to say about Cameroon

Kutz maybe they are hinting that the current ORR market cap is roughly the same amount of money IAMG are spending on some resources to make their Boto site in the region more accessible and better for production. If our Madina Baffe site holds some decent gold then imagine what that could do for our market cap. Let's just hope it is there.

https://twitter.com/OrioleResources/status/1389518349797928963?s=20

Oriole tweeting now about how much IAM GOLD are spending in Senegal @ Boto which is 10KM up the road from Madina Bafé

In #IAMGOLD’s Q1 results it states that its 2021 capital expenditure at Boto is expected to total $60m, having spent $14.5m in Q1, with an early works package planned to complete permanent road access to Boto, critical plant equipment engineering & sustainability programmes #ORR

MMS taking this down quite a chunk based on 9 trades today and a few outstanding from Friday, from what i can see

tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2021-04-30T14:48:23.000 GBX 0.75 56,585.00 424.3875 Off-Book AIMX N AIMX
2021-04-30T15:13:30.000 GBX 0.7574 132,030.00 999.99522 Off-Book AIMX N AIMX
2021-04-30T15:26:19.000 GBX 0.75 90,245.00 676.8375 Off-Book AIMX N AIMX
2021-04-30T15:27:53.000 GBX 0.755 1,950.00 14.7225 Off-Book AIMX N AIMX
2021-04-30T15:42:01.000 GBX 0.765 2,209,095.00 16899.57675 Off-Book AIMX N AIMX
2021-05-04T07:00:14.850 GBX 0.75 135,541.00 1016.5575 Off-Book AIMX P AIMX
2021-05-04T07:01:53.017 GBX 0.755 58,000.00 437.9 Off-Book AIMX P AIMX
2021-05-04T07:17:34.027 GBX 0.755 461,993.00 3488.04715 Off-Book AIMX P AIMX
2021-05-04T07:19:14.977 GBX 0.75 334,927.00 2511.9525 Off-Book AIMX P AIMX
2021-05-04T07:20:24.663 GBX 0.755 50,000.00 377.5 Off-Book AIMX P AIMX
2021-05-04T07:22:29.023 GBX 0.755 10,000.00 75.5 Off-Book AIMX P AIMX
2021-05-04T07:22:56.427 GBX 0.75 250,000.00 1875 Off-Book AIMX P AIMX
2021-05-04T07:23:54.630 GBX 0.75 250,000.00 1875 Off-Book AIMX P AIMX
2021-05-04T07:26:11.053 GBX 0.74 38,925.00 288.045 Off-Book AIMX P AIMX

We need to get the ORR PR wagon up and rolling as this is starting to get a bit brutal.

Honestly read between the lines. I think our BOD is sending a message buckle up Dorothy as Kansas is going bye bye!

Alfred there are a few ingredients that could make this a tasty dish.

1. The CEO has a decent back story and is a renowned Geologist
2. Some of the licences look promising. Moving first in Cameroon is bold and probably v risky but could pay off nicely.
3. The JV with IAM Gold is surrounded by good proven ground

We really are at the mercy of the results now. I'm strapped into some dodgy fair ground ride, there isn't much more i can do now except hope the cables don't snap.

If you pull up the life time chart of something like GGP that looked like a heck of a rollercoaster ride before it hit double figure in pence. I appreciate you can't compare apples to apples but that went from 2p down to 0.04 of a penny I can imagine LTH weren't feeling so good then but if they held on or people bought in at that price it turned into something that hit 38.p at one point so it shows what can happen. I just hope we get a decent little run obviously I'd like lots but I would be happy with a few pence from here. My initial average was around about this price but I got caught averaging up so I need to see 1.15 now to break even.

Like Kutzz I probably have more shares than i really should for this type of high risk company but let's see how it plays out.

Good luck all! We are now moving in to the second month of Q2 so hopefully it will be a fertile month!!

Quote: I was too scared to get in at this price

Dude, it is probably best not to have more shares than the CEO of the company!

Good to see some positive sentiment creeping back onto the board.

Exactly this should be a base. Last times we hit 20p was all the uncertainty of the JB nonsense we didn't have JP & Bybrook shooting TR1s then. I get the sense things are different this time around. Obviously natural that some will want to bank profits especially if you got in around 5 - 6p but this is ahelluva opportunity now.

Not posted on here for a while but good to see 20p again. Let's hope we can stay above here as that truly would be a milestone over the last 10 months for me!

Yeah TF for AMGO that was brutal from Nov - Feb but just shows what patience can do. I saw a lot of people panic sell up and lose a shed load of cash. Can only imagine how bad a feeling that is. Particularly folks who had been in since June / July.

Cekim am still here dude. Whilst I don't think I strictly fall into the category of a ramper. I am trying to remain positive.

This is out of our hands. If anyone thinks it is really bad and we are set for poor assays then sell now and buy back in after the news comes out since you will likely double your shares if you buy back in after!

I just can't take the risk on that one. I am holding a little bit back for that scenario. However.......

My perspective is still balanced on the company's rampy actions 2 weeks ago

1. TL micro buy and boost to his holding
2. ORR Tweet "ooooohhhhh visible gold"

That is the thing, at this stage none of us know what we are sitting on. The BOD may have some idea since they are on the inside of this. Tim as 9M shares. He needs 11p to hit £1m valuation.

In August 2020 Tim held 6m shares via salary sacrifice and options he now holds 9m shares. Plus I think to make a statement he also purchased a few on the open market. Don't under estimate the sentiment and ultimately the skin in the game guys.

This is why I am not so worried on this one. I think it will all come good.

Kutzz one way to look at it. If you are thinking of adding and the results were poor. Probably better to wait until results are out as then you would likely get double the amount of shares for your money and therefore stand a chance of making back some loss quicker as your average would be lower. If results are good and it goes up, then go find something else to dabble in. There are always stocks out there ready to fly. Look at RMM last few days!

Come on guys, don't let this eat you. I'll try and be the yin to your yang. Pseudo Mr Positive until he gets back!

Why would they post "visible gold" and the CEO buy a small stake just before results if the results are cr@ppy. I'm no expert on gold but I assume an expert in gold doesn't need lab results to know they are on good ground. I figure they just know! The lab results are there to quantify how good, right?

So I'm thinking you would have to be a special kind of ****ty to post "visible gold (in essence a ramp) and then have the CEO make a buying statement to then (and i would have to say) knowingly dump dog cr@p Assay results onto the market shortly after.

In terms of credibility if they were to do that then it would be game over eh?

Now of course the Tim buy could be to show "solidarity" if results are bad the "I'm in it with you guys, i didn't think it was bad" but then that would also be kind of stupid since he ultimately has inside daily contact with how things are going.

Ha Trojan, welcome to the SYME club piece of advice try and stay off that LSE board it is toxic, better looking at twitter. For what it is worth i Think you got a good entry. Hope you did your research, lots of potential with the concept but the Italian stallion CEO has a tendency to over promise and under deliver. Good luck anyhow & likewise with ORR to get back on topic!