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Rcgl2 - absolutely agree with everything you said!!!
Hey, hey newbie - come invest in Orr and you too can become miserable like the majority of this board!!
Ignore what the BOD say, ignore all the other goldies going down in price, ignore the opportunity to keep buying shares on the cheap & just go with what feels most negative and let it flow!
Kutzz - TL makes a point of saying they’re fully funded till well into next year in most of his videos. And that if they want money they’d trigger the warrants that are outstanding with the built in accelerator clauses.
The more gold they find, the more de-risked your holding is. And that’s all the Bod can do - keep finding gold.
Don’t get me wrong, it would have been great NOT to have brought in on the high caused by ramping and no substance. It would be great if ORR had done an ARB and shot up in weeks causing us all to be able to retire.
But the fact it hasn’t isn’t ORR’s fault (well… you could argue the handling of the IAM G drilling back in the early part of this year I guess but… I’ll leave that up to you ).
Markets are down on gold, Orr are in the very early days of finding gold/drilling & investors are looking for a fast buck.
Just my thoughts - if I was a successful trader I sure as hell wouldn’t be posting on here!
You asked a question Cekim, I gave you an answer.
If you only want to read negative inputs (and feel sorry for yourself) then filter me. Also there’s plenty of de-rampers and cross rampers on this board who will help you move your money to another share.
My point was, and is still, that a share price doesn’t always reflect whether or not a share is worth investing in.
Rllo1 - The inferred mineral resources from Hutite & Anbat in Egypt look great. No wonder companies are buying up chunks since the legislative changes.
https://orioleresources.com/investments/hutite-and-anbat/
Let them make their 10% here and there.
I still go back and watch Tim talk for nearly an hour in this video to remind myself why I invested (from 24:50).
Fully funded into next year with accelerator clauses on warrants if they want to make extra.
Central licence package in Cameroon is about half the footprint of the entire Senegalese gold district where there is 60 million ounces of known gold and it is equally as prospective.
Red Sea resources due to start drilling in Egypt this year! Where recently Barrick gold has been securing licences in Eastern Egypt.
https://m.youtube.com/watch?v=kxMwBYyXpLc
Stw010 - yes more coming for oriole
Sediment results are being processed now for 3 of the 8 licenses in central Cameroon. Then the others will follow after.
Faré & Madina Bafé results in Q3.
And they’ve said today the final gold assay results from both Hesdaba and Assaleyta drilling programme are expected in H2 2021 - not sure when in H2
Tim said in one of the videos that he wanted this turning round in 6-12 months so should be keen to keep the RNS’s coming.
Ok ok, so if we’re all doing it...
It’s been emotional guys, but... I’m staying in!
Enjoyed watching the Blytheway interview with Tim today. It’s nice of him to explain his drill methodology - going in at an angle etc...
Soon we’ll have the results of the sediment samples from 3 Central Cameroon licenses which are currently being processed (first 3 of 8). And then there’s more Senala results in Q3 too.
GLA