Member Info for WonkeyDonkey

Goldbug99, completely agree, their idea of what might be a fairy tale and what’s actually in the ground is a few drill holes short of proof at the moment.

But when have these guys EVER carried out a proposer drill programme? They live for the Directors salaries and mugs keep funding them.

Stuck in a rut. Sad to see yet more delay.

https://polaris.brighterir.com/public/oriole_resources/news/regulatory_news/story/w9ejygr

Here’s the link.

So sad to see the desperate need to talk this down from the pump and dump crew!

Highlights

· Independent consultant Forge International Limited ('Forge') delivers a maiden JORC-compliant Exploration Target for the Bakassi Zone 1 prospect of between six million tonnes and eight million tonnes at grades ranging from 1.50 to 1.70 grammes per tonne ('g/t') Au for between 290,000 and 440,000 Troy ounces ('oz) of gold ('Au')[1]. The potential quantity and grade of the Exploration Target is conceptual in nature;



· The Exploration Target has been modelled over a strike length of 1,200 metres ('m') and to a depth of 200m below surface, using a cut-off grade of 0.30 g/t Au and a top-cut of 20 g/t Au;



· Following the confirmation of a gold-mineralised sub-horizontal vein component within the shear system, the model includes mineralised zones with a true width of up to 36m;



· The remaining activities required in order to define a maiden Mineral Resource Estimate for Bakassi Zone 1 include data verification, which will be completed by Forge in the upcoming field season, and by undertaking a pit optimisation exercise to define blocks with reasonable prospects of economic extraction in accordance with JORC guidelines;



· The Bakassi Zone 1 Exploration Target remains open along strike to the north-east and at depth and is just one of four prospects on the licence where drilling has confirmed sub-surface gold mineralisation.

Panda1 it’s a JORC exploration target, so hardly insignificant.
You have no idea what will be ‘converted’ and what could be added - it’s the first JORC number out of orr, has it got you spooked?

Thanks Kutzz, good to now someone has spoken to them.

Disagree with your last comment though, there are a handful in here actively talk the stock down - and on other stock in aim markets. It always seems mad that someone who’s (supposed or claimed to have) lost money on the stock would keep pushing it further down with serial negative posts. Seems to be someone trying to lower the price so they can top up in my opinion.

That’s the aim pump and dump crew for you! Seems too easy to do if you’re hiding behind an anonymous account - respect to you for being the rare one who has reached out and spoken to the company.

Twitter seems to be overflowing in to the BB chat rooms!

Hereforthe craic - Orr CEO last roles was COO at Reservoir -(sold for $350m) and MD of Nevsuns Rakita project in Serbia (sold for $1.5 bn).

Lots of happy shareholders there...

yes, so many of these smaller groups are unnecessarily under their real value market cap. lots of upside, good management at this group too.

its a sizeable project, good place to look for value opportunities. many to come at this stage (on the rise and the drop)

dvharrison, youll only get a discount if they raise if you on the speed dial-up for the broker...

Jackbal, have you even tried? Didnt someone here manage a chat with one of the management recently? May be worth a try, rather than just wind bagging?
A lot of people talking down, presume you're trying to get a cheap entry or top-up ahead of the next batch of news?
AIM, the home of the pumper and dumper BB hero!

Always ppb for soils as they are looking for anomaly not grade at that stage. Indication of what is beneath.

Someone recognising value? Cheap as chips at current sp, fundamentals haven’t changed.

Going nowhere right now, what’s the gen on this?

Nothing makes sense in this market at the moment

From November 2021:

Brian Timmons, Non-Executive Chairman, commented:
"The new Board is acutely aware that shareholders have been waiting a long time for the Company to deliver a return to shareholders and, more recently, to utilise its balance sheet and deliver a strategy creating meaningful shareholder value. Working with Brendan, our priority is to evaluate and execute an opportunity or opportunities whereby Ormonde can leverage its listing and balance sheet to generate shareholder value. We will do this alongside reviewing the Company's existing assets to maximise opportunities therein, while placing a strong emphasis on cash preservation."

Great time to average down. MArkets are mad these days

Video out on proactive, seems very bullish about some value.

Hawaiifive0, Cameroon law has a 3 year first term, like most west African countries - its on their website i believe. So not so negative, they’re only a year in to the central area i think.