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Tubs444.... I'm in a similar loss situation with BPC/ CEG
The way I see it, what's another 6% when I've already taken a 94% hit.
I'm not selling not because I am optimistic that the share price will recover.
I'm not selling because there's not a lot more to lose.
https://mobile.twitter.com/OrioleResources/status/1381603677845270528
The tweet shows the visible gold
I guess in ORR's case, all that glitters is ....
https://www.malcysblog.com/2021/03/oil-price-bpc-echo-and-finally/
Sounds upbeat on BPC:
'BPC has covered its position here on the high-impact wells in the Bahamas and Uruguay, there is also much potential in the company in Trinidad where the onshore progress is already being made and where in the SW Peninsula there is much upside. In addition the company has been exploring its possibilities in Suriname which carries significant potential.'
Personally I'm just hoping against hope that there is a turnaround in their fortunes.
'has entered into an agreement for the
distribution of the Company's military pathogen detection assays in the United States with Mountain Horse Solutions ("Mountain Horse"), a military contracting specialist to U.S. Federal, State, and Local Government'
Sounds big!
Not covid pcr testing though. This is a different test.
Good news nevertheless!
D
https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-tim-draper-b1810640.html?amp
This investor dude is predicting a 100 fold increase from Bitcoin's current price.
I don't know much about him or about Bitcoin tbh ; but am tempted to top up.
https://www.rigzone.com/news/cnooc_makes_large_oil_and_gas_find-22-feb-2021-164690-article/?amp
Randomly came across this - hurts real bad considering the ill fated BPC RNS on 8 Feb wiped away £41k for me!
Still holding on though...
RNS 3rd Feb: An initial programme of desktop remote sensing work and regional-scale stream sediment sampling will be commenced during H1-2021 to identify targets for follow-up programmes.
RNS 18 Feb : The work has identified an initial 12 priority gold targets for follow-up;
15 days ago they set out to identify targets. Today, they report 12 targets identified.
Furthermore, Confirmation of gold recovery from alluvial workings in the centre of the easternmost Ndom licence!
This is brilliant news!
RNS Number : 4998P
Oriole Resources PLC
18 February 2021
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Gold Targets Identified in Central Cameroon
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, is pleased to provide an update on its 90 per cent ('%') owned district-scale licence package in Central Cameroon ('Licence Package'). Following the recent issue of the licences made to the Company's subsidiary, Oriole Cameroon SARL, and its partner Reservoir Minerals Cameroon Sarl, a subsidiary of Bureau d'Etudes et d'Investigations Géologico-minières, Géotechniques et Géophysiques SARL ('BEIG3') (announcement dated 3 February 2021), an independent desktop remote sensing study has now been completed over the entire 3,592km2 Licence Package. This work has identified 12 initial priority gold targets, which will be given particular attention during the Company's planned mapping and stream sediment sampling programmes later in H1-2021.
Highlights
· Independent remote sensing study completed over the entire 3,592km2 Licence Package;
· Preliminary geological, alteration and structural interpretations completed;
· Seven of the eight licences are interpreted to cover predominantly Paleo-Proterozoic and Pan-African (Neo-Proterozoic) terranes, both of which are prospective for orogenic gold. The eighth licence is covered by younger volcanic rocks but the Proterozoic and/or Pan-African terranes are expected to be encountered at depth;
· The Tcholliré-Banyo shear zone ('TBSZ') has been interpreted to cross at least six of the licences. It is believed to be one of the significant structural controls for gold and other mineralisation in the region;
· The work has identified an initial 12 priority gold targets for follow-up;
· Reconnaissance visit completed to complete initial ground-truthing of the targets and to inform the local authorities of the Company's upcoming work programmes;
· Confirmation of gold recovery from alluvial workings in the centre of the easternmost Ndom licence;
· Regional-scale mapping and stream sediment sampling is planned to commence during H1-2021.
Oriole Resources CEO, Tim Livesey, said: "This work endorses the Company's initial assessment that the district has significant potential to host orogenic-type gold mineralisation.
"Whilst these 12 'first-pass' remote sensing targets look interesting from a desktop analysis point of view, we will also be carrying out a wider, district-scale stream sediment sampling programme and mapping, as the main part of the 2021 programme across the entire Licence Package. From this work we expect to identify many more areas of interest for detailed follow up in later exploration phases. Throughout, we will continue to re-evaluate and re-prioritise our targets across this potential new gold exploration district as more dat
Oriole Resources Plc
GBX 1.600
0.000 (0.00%)
Last updated 08:23
Oriole Resources PLC - Exercise of Warrants and Total Voting Rights
12th February 2021, 07:00
RNS Number : 8738O
Oriole Resources PLC
12 February 2021
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Exercise of Warrants and Total Voting Rights
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa announces that, following an exercise of warrants over ordinary shares in the Company (the 'Exercise'), application has been made for 16,875,000 new ordinary shares of 0.1p each ('Ordinary Shares') in the Company to be admitted to trading on AIM on 17 February 2021 ('Admission'). The exercise prices of the warrants are as set out below:
Instrument
Exercise Price (pence)
Number of New Ordinary Shares to be admitted
Warrants
0.68
16,875,000
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, a total of 239,531,832 warrants and 82,476,246 options over Ordinary Shares (representing approximately 20.8 per cent. of the Company's enlarged issued share capital) remain outstanding.
Total Voting Rights
Following Admission, the Company's issued share capital will be 1,545,570,310 Ordinary Shares. This figure of 1,545,570,310 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.
** ENDS **
have been trying to buy some more shares but getting this msg on Degiro ' unfortunately this product is unavailable for trading....'
anyone else having issues?