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Orea Mining Corp OREAF

Orea Mining Corp. is a Canada-based gold exploration and development company. The Company’s principal business activities are the acquisition, exploration and development of resource properties. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project. The Montagne d’Or project is situated in western French Guiana and is comprised of over two mining concessions and over two exclusive exploration permits, covering an area of around 93.5 square kilometers (km2) and is accessible in all season forest road from the town of Saint-Laurent-du-Maroni, for approximately 120 kilometers (kms). It also owns 70% interest in Maripa, which is situated in French Guiana, France. The Antino project is engaged in gold exploration, which is situated in mining friendly Suriname, South America, approximately 275 kms southeast of the capital Paramaribo. The project consists of Rights to Exploitation of Gold (Suriname mining titles) covering across 200 km2.


GREY:OREAF - Post by User

Post by UltraTiredon Feb 17, 2024 4:47pm
153 Views
Post# 35886138

OREA's sour Valentine's Day Gift

OREA's sour Valentine's Day GiftAfter the so called board promising they would meet the extented filing deadline, OREA will be missing it's filing deadline on Feb, 27th. Shareholders can't sell their stock as of February 14th because that's when the so called board announced their resignation's and the wind-up of the company, automatically halting trade of the stock.

What will happen next? Well, no word from the so called board's assigned Signator. However, by missing it's extended filing date, this will cause the company to be delisted by approximately March 7th - March 12th. Beyond this, all transparency is up in the air.

At this point, the only thing any retail Shareholder can do is sell all other stocks they have of other companies tied to the members of OREA's former board or hold those shares and hope that those companies won't continue to lose Shareholder value just like OREA did.

This just leaves Shareholder's wondering, where did all the capital go?


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