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Orea Mining Corp T.OREA


Primary Symbol: 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

Comment by 123buyholdhopeon Jun 13, 2022 10:28am
108 Views
Post# 34751761

RE:You Can't Apply Logic To The Markets!

RE:You Can't Apply Logic To The Markets!Agreed, nobody knows.

From today's release (already posted) - My bold

...announces a private placement to fund an action plan, that Orea management and its advisors have initiated, in response to the sanctions imposed by the United States on Nord Gold plc ("Nordgold"), Orea's joint-venture partner...More information will be provided in the near-term.

Lets hope this is significant 'action' to be provided to OREA shareholders re., the company really responding in concrete terms to NG over Montagne d'Or, since their June 2020 self serving actions. Dilution at rock bottom pricing (auau shares?). 

GLTA - https://twitter.com/EarthsRare
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