Member Info for MisterPositive

ORR going to fly with their 2 high grade Gold deposits. We expecting back to back news followed by more regular updates.

We should be at lot higher MCap already. ECR at £28m Mcap vs ORR at only £19m.

ORR is the laggard currently but thats about to change dramatically. Just watch...

Saint
Nice to see you here also.

gold mineralisation at the Faré prospect, where historical drilling has returned best results of 20m grading 31.13 grammes per tonne ('g/t') gold ('Au') including 10m grading 60.98 g/t Au from reverse circulation ('RC') drilling and 59.60m grading 2.20 g/t Au and 49.50m grading 1.75 g/t Au from diamond drilling.

ORR results from 'Fare' prospect are much higher grades than Chesser as our next door neighbour, yet they are valued round about 100m Aus which is about £58m Mcap, yet ORR with much higher grades sitting at £19m Mcap.

Market got this totally wrong.

Just to be at par with Chesser, ORR should be 4p
But with much higher grades reported already at 'Fare' prospect, I would add 50% premium to make it 6p minimum here. IMO

6p does NOT even include valuation for Cameroon

Hence my STRONG BUY rating here. No brainer.

Actually it was Tuan post that had the link.
I only noticed it now. None of us picked on it during the day....LoL

Thanks Tuan. Appreciated

Hole DSR206

• 25 m at 7.20 g/t gold from 102 m, including,
• 9 m at 11.55 g/t gold from 104m

Hole DSR200:
• 21 m at 4.17 g/t gold from 113 m, including,
• 5 m at 7.42 g/t gold from 114 m

Chesser are next door to us. Above results are from today's announcement and on top of the high grades they just reported last week.

I think we got a pretty good idea whats coming here at ORR in the next RNS from the drilling that IAMGOLD done so far.

Yes Tuan
ORR is significantly Undervalued.

Results RNS should correct this anomaly.

We not even at £50m Mcap.

Just to have IAMGOLD on board and doing all the work and spending should value ORR at least £100m Mcap. There are other explorers out there doing all the work themselves and valued at £50m Mcap or higher ???

should see these warrants disappear fast when you get 500m trading volume days on next RNS from both Cameroon and Senala updates.

On the plus side we gain another £2.4m CASH in bank on top of current cash balance.

Accelerated warrants exercise.

Support found.

Think lot of punters were waiting to see where it drops to.

We moving into higher price bracket....simple.

ORR has already met their spending commitment in Cameroon.

Those warrants will bring in extra +£2.4m Cash

ORR looking to be in a very strong position.

IAMGOLD sitting on approx $1 Billion cash.

They could also come in Cameroon like Senegal.
Or Barrick-Randgold could JV with IAMGOLD into Cameroon. Lot of options opening up.

ORR already got free carry on Senala gold deposit

1.35 or 1.40 close should bode well for coming days for 1.80p re-test.

Unless news comes in before. Then totally different price bracket.

11m warrants is tiny....but agree it had a temporary effect on price.

Key word here is...."Temporary"....

You just cannot fight the uptrend we in now with active News flow in the pipeline which is one of the main drivers, others obviously the sentiment and momentum and we got plenty.

Momentum here will get even stronger as the ORR family grows. Same way it happened at GGP.

entry price makes no difference, its where you EXIT is what will define your profits. That's why many of us were comfortable buying at 1.75 and 1.80 coz we know where this is headed. Some will exit at 10p, 15p or 20p.

We have not even started yet. Still ordering the essential supplies for the Rocket(s)...LoL

No speeding ticket today....Lol

We got RNS today.....so we can do 30% rise.
No issues there.

Think MMs willing to take this higher.

already done 10,000 metres.

Results anytime..

Have they already started the next 5000 metres ?
They only got about 3 weeks left to spend the extra $1m.....my guess is they probably have started on the next 5000 metres. Will find out soon in the next RNS.

Agree Russell.

We moving into higher price bracket.

Cheap shares already gone.

With news due anytime from both Senala or Cameroon you do not want to be out and miss out on +200% rise plus or more if we get back to back RNSs within days apart.

That will catch out a few with their pants down..
..LoL

Same here around 1.30
Bit of luck i think. Did not expect this to drop below 1.40

Not sold any...just accumulating wherever I can. Had to rejig my other holdings a bit coz Upside here in 2021 will be phenomenal

Cannot get a quote for even 500 shares on barclays ???

What's going on...

Was good to see 1.40 broken earlier today.

Higher highs....higher lows.

Getting closer to drill results each day.

And if we even get a sniff of Barrick showing interest for Cameroon soon after results that are due in Q1.....then you know what will happen here.

Picked few more. We are in a higher price trend now.

Warrants are getting absorbed easy. No issues.
Brings in extra cash also. Wsrrants do not hold price back. They are funded for Cameroon. Also don't forget they get cash coming in from Royalties also.

Price action here will be front loaded in first Half of 2021.