Orea Mining Corp OREAF

Metals & Mining Gold

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.

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Orea Mining Corp > OREA - Nordgold v the Chinese

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Comment by lumpy13on Jul 23, 2020 5:08pm

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RE:RE:OREA - Nordgold v the Chinese

If NG gets CR, I can't see them doing anything with OREA for the foreseeable future. But, maybe that would change if NG got a listing. (Altho the right time given the rising POG, not the best time politically). Makes lots of unknowns, unfortunately, for Montagne d'Or. Yet, it's a nice property and OREA's 45% stake is cheap.

Fortunately, I was in CR, made a nice profit, but decided to after NG's offer. (NG tends to be cheap. Just not sure if they'll get into a bidding war for CR.)

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