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 - Shareholder changes

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Comment by NiN777on Oct 11, 2021 1:26pm

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Post# 33995305

RE:OREA - Shareholder changes

Faith is not quantifiable, do your DD, 1% doubt 100% failure. Also remember that the Whales are not causing the waves in the ocean keep hope and hold tight.

123buyholdhope wrote: Interesting change in the OREA shareholder base. The US Investment Fund which I believe was the lead institutional investor and held near 20% of OREA, has now apparently gone. In just the one month between the Sept’ to Oct’ OREA presentations. OCIM has already gone. So, now OREA is 70% retail held.

However, IMHO, NG will not try for a takeout of OREA until after the April 2022 French elections. Peaking Macron’s wrath by such an early public move, will surely hype up the environmental groups and may see a very negative official response to the Montagne d’Or permit decision.

Next OREA news may be their decision to go formally with their Suriname project.

OREA Major Shareholders
Iamgold 9.3%
Nordgold 8.2%
EDE & Investors 7.5%
Sandstorm 3.8%

RETAIL 70%
INSTITUTIONAL 30%

GLTA - https://twitter.com/EarthsRare