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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

Comment by tdsbon Sep 04, 2021 6:02pm
98 Views
Post# 33814861

RE:$$ ;

RE:$$ ;Rockit, I don't think Nordgold will launch a take over until the final appeal is cleared by The French Government. Nordgold is apparently having trouble with one of their mines in Burkino Faso, there is a civil war going on but I haven't been following it. I think they want to expand there footprint as soon as possible, and that means launching a bid shortly after the final appeal is over.The price of gold looks very promising to shoot higher in the next month. As for taking profit you could sell a tranche of your shares now to lock in some profit but keep some in reserve in case Orea moves higher. I am going to wait until next week before I consider selling anything because of the price I bought in at, I have some wiggle room. Next week we should see more active trading in the gold market, but you can never be at fault as a trader if you take a profit whether big or small, that is what we are here for. CHEERS!
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