Member Info for TheMagnacarta

Lowering your average is a good bet , then any rise from here , will be sold into !

Until there is a real catalyst this share is a clear selling.

It's not hard to acknowledge that many investors have purchased shares here based on tw tips.!

Although Tw is in a interesting business journalist, I must relay my concerns in his weakness of share tips on the base of tip bias of believing the CEOs jam tomorrow instead of waiting for evidence. Although this method often shows success, it also often shows destruction .

I can still see this share falling into the high twenties unfortunately for some , There's not going to be a lot of interest until secure development occurs concerning the recent financial concerns.ie (not much in the bank)

After all a placement could arrive at a 50% discount, we just don't know. You take the risk and reap the benefits or losses. Plus on the bearish side , there's still quite a lot of investors who can cash out with profits still.

For me it's a hold

I'm not surprised on the recent share falls as previously suggested, until we get concrete funding and planning, we might be seen as overpriced. I'm waiting to top up, it's just when

Buy now , pay later ! Springs to mind . Lol

I agree with you , the fundamentals are great, but people are cashing in. ! They probably worried about losing their profits because when funding isn't secured or agreed yet and at what level.

It's certainly a rollercoaster

High twenties on the way. The constant one million blocks is sending this in one direction ⬇️.

I don't know what to say , with these results! Certainly financial security is not their strength.

At the moment, I can see more downside than upside. Maybe those head and shoulders will happen this week.

The rns was a little lack luste, if it had shown more bonanza levels I think the market reaction would have been much different in a very positive way.

I hate to say but I think this is going down, there's still a lot of positions purchased at a much lower level who will probably cash in. !

I think the market needs to digest all the drill results before the briefing otherwise, the corps won't action till afterwards.

So I would expect results tomorrow or Tuesday.

If these results are good this week and show extensive gold , I'm looking for at least 100% again. If bad probably a 10% drop. Fingers 🤞

Thanks for the Good commentary here. It Looks like the Street is very bullish on orr, not surprising really, giving this stock a Strong Buy consensus rating based on several unanimously positive reviews based on the bonanza grades.

Still it would be nice to break the 0.5 resistance, fingers crossed 🤞 for next week.

Certainly the mre , is going to be the catalyst for the bigger picture, and would trigger a share price multiples higher.

I suspect early December for that, with the caveat of a JV with all development and project costs covered. Probably the usual £20 million upfront and 40% share of the profits plus gold melt %

What a discount here compared to earlier last month!

Here's hoping that contract gets done and this company is sold. Based on that it's worth a small top up. I guess the fear is that the company will heavily dilute shareholders again to pay debts!

Fingers crossed 🤞

Some very good points there!

If the up coming results are not good then expect a collapse of 60% and if they good then expect a rise of 100% .

It's a gamble! Personally I have a small amount here and Orr which has found a bonanza gold find already and is expecting some substantial news vey soon .!

I may go. They not having it because the upcoming results are bad !

It's taking a very long time here ! Orr is waiting for results too, they have a market cap of under £15 million and have hit Bonanza gold already, it's will blow off again , if the results are good.

Two shares with extremely high potential inbound

I be surprised if news comes tomorrow, but later this week seams good.

Wow . It's certainly one for the sipp. Because it's not going up in a straight line.lol

There's those £5000 sells going through, I guess it's the long ⌛ taking those profits and why not.

I too would take some of the shelves!