Member Info for WonkeyDonkey

Simple - use shareholder money to support his other, private companies and investments…

It seems those geologists at Oriole know how to pick a nice target area…

Boom… https://twitter.com/OrioleResources/status/1471467174040641548?s=20

sp dropping… any strategic direction from the new Board? Two months in already, thought we would have seen something by now.

Difficult to see clearly on the website, they need a table of best results for each of the Fare targets, rather than tying it all up in the text…

But you get the idea - some good, wide intersections.

From the Oriole website:

Diamond and reverse circulation (RC) drilling at the Faré South anaomly has, to date, returned best intersections of:
20m grading 31.13 g/t Au including 10m grading 60.98 g/t Au (FARC-00007),
59.60m grading 2.20 g/t Au and
49.50m grading 1.75 g/t Au (FADD-00004) and
70.00m grading 1.46 g/t Au including 31.00m grading 2.72 g/t Au (FADD21-031C).

IAMGOLD is currently in Year 4 of its investment period with a planned exploration budget of at least US$1.672 million before 28 February 2022 and has this year completed more than 80% of a two-phase exploration programme. Phase 1 of the programme has focussed on Faré and included 689.50m diamond drilling in two holes, planned to test the depth extension of the main mineralised zone at Faré South, where historic drilling delivered best intersections of:
20.00m grading 31.13 g/t Au including 10.00m grading 60.98 g/t Au from RC drilling and
59.60m grading 2.20 g/t Au and
49.50m grading 1.75 g/t Au from diamond drilling.

Recently reported results from the 2021 Phase 1 diamond drilling have confirmed that the orogenic gold system at Faré South continues to at least 350m below surface and remains open at depth. The widest zones of mineralisation, associated with quartz-tourmaline veining and albite alteration within intercalated diorite, granodiorite and metasedimentary units, were returned from the near-surface oxide zone, with a best intersection of:

70.00m grading 1.46 g/t Au including 31.00m grading 2.72 g/t Au.

Where did you see that flundra ? No news / announcements.

Crypto…. Seems to be taking all the risk money these days.

https://www.linkedin.com/posts/oriole-resources-plc_orr-exploration-gold-activity-6866400773564051456-HORW

Check out the comparison images posted by ORR on LinkedIn - showing scale of Fare against Chessers Diamba Sud resource.

https://www.linkedin.com/posts/oriole-resources-plc_gold-kki-activity-6866399932471906304-P9X3

Check out the LinkedIn posts on the Senala Fare prospect comparison to Chessers Dianna Sud. Compelling argument for scale comparison?

Radio silence. They have no plan other than using the investors money for their own purposes.

https://www.linkedin.com/posts/tim-livesey-3744074_clp-gold-tbsz-activity-6861219795690369024-jpO1

https://www.linkedin.com/posts/tim-livesey-3744074_clp-gold-tbsz-activity-6861219795690369024-jpO1
LinkedIn post on the release by CEO.

I think you’ll find it was 18 months of inaction created by a majority shareholder who didn’t agree with anything proposed by the Management and Board. Management was new (within 2 years?), Board was similarly relatively fresh (18 months?).

Troajan - They’ve been drilling for weeks already! The rig was held over in their camp through the wet season so they could start right away…

The old Board are no longer in place. Livesey was voted out by Anderson at the AGM, so he could gain control, and Brown resigned the same day. The new Board have been in place and in charge since the day of the AGM. Not a peep out of them…

The Management are working their notice.

flundra, I think we will be lucky if we hear anything this side of Christmas, unless it is just the BoD telling us which of Andersons other companies have taken the cash out of Ormonde.

Still waiting for the new boys to deliver something…

giant-steps; no, the horse didn’t get shot. There’s just a lot of investors in the junior space who know nothing of the sector or the company they’re invested in, being led by the pumpers and dumpers - seems to be the expectations are unrealistic and the result is what we’re seeing across the markets just now.