Vach
10 May 2016
Goodbye Deli Jovan A sad end to what was always touted as the next big gold find. No company was found to buy into the project so it's been shelved. A lot of hopes and dreams down the pan there.Another worrying thing - cash in bank Dec 15 - £921k, year's spend £890k. What's left for funding going forward???
Vach
29 Apr 2016
Re: something big I think Good that the company's growing the portfolio but who's gonna be funding it? Standby for further dilution maybe?I'd still like them to get back to Deli Jovan, remember the optimism with that project and the superb grades found? I still can't fathom why they just shut down there and moved onto Mutsk.
the old trout
21 Apr 2016
Re: something big I think Well they now have another attractive prospect in the portfolio, yet some took the opportunity to sell on the news. Nice buy of 16.45m reported after the market closed though.T
Tired and Confused
05 Feb 2016
Re: something big I think Only have to look at the gold price which is factoring in a melt down in the markets later this year and a liquidity squeeze. We could be back to 2008 all over again with Bank's lending paralysed and unwilling/unable to lead freely. In this sort of environment gold will soak up some of the funds coming out of the market. No QE this time to help out!Having said that, there is a great deal of difference between gold in a vault and gold in the ground!This stock is the ultimate cheap punt on gold with risk through the roof it can only be in the 'fun' section of your portfolio. More chance of a 100/1 outsider coming in at Chepstow today than seeing any real news which will cause a proper re-rating. The main project is under snow at the moment!AIMHO and DYOR
eltelex
05 Feb 2016
something big I think . last time we saw this type of movement on v.little volume is quite some time.
eltelex
04 Feb 2016
looking strong - uptick maybe. Most gold stocks are recovering.
eltelex
08 Jan 2016
Looks like news is due. Gold is up too and the equity markets are looking soft. Return to gold looking more bullish.This share was 1p once.Just think!
Mitch_1978
15 Dec 2015
Re: Update I've been a shareholder for over 3 years and the strategy hasn't changed.....dig a few holes, review the results, dig a few holes, review the results.....
Tatty
14 Dec 2015
Update "We will evaluate this project on a continuing basis and evaluate it as part of our ongoing strategy".What exactly is that supposed to mean? What is the strategy?
Jitter
12 Nov 2015
Some decent buys over the last week... ...news on the way? J.
davysed
28 Oct 2015
Re: Dog of a Share fair play,,feel like that myself.. 97% down and looking poor, not selling because i cant stand admitting defeat, holding till they go under or shoot up, qfi looks good ,
salli3
28 Oct 2015
Re: Dog of a Share Sorry all - gone back on my last email, sold out and placed funds into QFI - up within a couple of hour - god that feels good, it's been a years in this dog since I had this feeling.Good luck to you all, it may come good, but I'm out, 4 years of loss was doing my head in
salli3
16 Oct 2015
Dog of a Share DO NOT BUY !!! DO NOT BUY !!!Been silly enough to stay in this share for around 4 years so running at a massive loss. The board keep promising and nothing substantial ever materialises - they do a little bit of drilling, say the assays are good, then it's time to shut down for the weather.Firstly it was Deli Jovan where they spent years telling us all of the fantastic grades, now they think its not worth it - I bet they are still paying themselves out of investors money !!I know its a risk, i'm not stupid..... well actually I am as i'm still here, but in my defence I've lost that much on this DOG of a company that I may as well stay in it till the end, as 100% of sweet F.A. is not too dissimilar to a 97% loss anyway.I've switched my allegiance to QFI as that one seems to be a nice little bet, but don't take my word for it have a look on here - not a penny share but not too expensive and if you're only at a 10% loss here then if it was me i'd be out and onto QFI as you'll make up the 10% in a month or two - certainly a lot quicker than in this one.Still feel i'm allowed to air my views as I have over 3million of these 'not-worth-the hassle' shares so in it till the end - which hopefully wont be too long if only to put me out of my misery.
eltelex
15 Oct 2015
great news. should get to double digits Going to get bumpy folks
Jitter
15 Oct 2015
Recent comment from Shard Capital 30th September 2015Changes are afoot at Orogen Gold Plc (ORE.L). The interim results announced on 30th September were accompanied with the news of board changes. Colin Bird has been appointed CEO with Ed Slowey stepping down to the role of operations director.At this stage the companyÕs figures are largely irrelevant although news that cash stood at £851,000 at the period end (30th June 2015) is reassuring. A subsequent announcement the same day highlights that the coffers have been further boosted with a fundraising at 0.025p raising £450,000, backed by Colin Bird (£25,000) and other directors (£25,000).Orogen are focused on gold and minerals exploration in Europe with operations based in Serbia (Deli Jovan project) and Armenia (Mutsk project). So far these assets have not captured investorÕs imaginations. So what does the new appointment mean for the company and shareholders going forward? A clue may be found in the BoardÕs statement accompanying the figures, ÒThe Board is constantly reviewing quality projects against a difficult market. We intend to be pro-active in the development of our company and we look forward to updating shareholders in due course.ÓInvestors should welcome ColinÕs appointment. He is a deal maker and is well connected in the resources space. The recent downturn in the commodity cycle will no doubt throw up some interesting opportunities that may be of interest to Orogen. Mr BirdÕs CV inspires confidence. Notably he was on the board of Kiwara Plc which was successfully sold to First Quantum Plc in February 2010 for c. $260m having listed on AIM in 2007 with a value of around £14m. He also acts as Non-executive Chairman of Xtract Resources and Jubilee Platinum and is CEO of Galileo Resources.We would expect to hear more regarding potential new assets and updates on OrogenÕs intentions for the current assets in due course. We believe that recent appointments will spark renewed interest in an out of favour share and that any encouraging news flow could have a positive impact on a company currently capitalised at less than £2m. Shard looks forward to hearing more.
