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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 123buyholdhopeon Jan 09, 2022 5:07am
100 Views
Post# 34297183

RE:RE:RE:RE:RE:RE:RE:Maripa drilling this month, results by March or earlier

RE:RE:RE:RE:RE:RE:RE:Maripa drilling this month, results by March or earlierYou read like a fake long.  You present assumptions as matters of fact, and every view is negative and pessimistic.

Hello 1in10 welcome to the discussion.

Again, all I can say is that I have been long for years but try to present the issues as I see them. All are welcome to disagree. Yes, I am not too optimistic based on the last several months of news (I have already explained why I hold presently).

You are the ONLY person who ignores the enormous victory and tries to spin it negative.  Can see right through  that and I'm sure most others do as well.

I am not clear as to what you define as an “enormous victory” here? Are you talking about the recent run up in sp from OREAs almost low, or some concrete actions that have befallen OREA in FG?

Throw as many negative outcomes out there as you can with no merit, and hope one sticks.

I am sure we realize that anything I say has no impact on the OREA sp. As you infer “most others" make up their own minds.

Honestly you should move on, you are either a short or a very jaded long who can't recognize that the tide is turning.

Again don't short micro's and I am not sure how the specific news shows a "tide is turning"?

Based on Nordgold's history there will be buyout talks.  Orea does own 45% of Montagne D'Or, worth by some estimates $9.13 Billion. Nordgold will be pushing to mine, the lawsuit was a hedge and a way to apply pressure.  Good things are coming. 

Agreed that NG new valuation does put the total Montagne D’Or mine at around US$ 8 billion.

Now here is an interesting point that I too have also wondered about re., NG lawsuit vs mining. The lawsuit does suggest otherwise, but if you think my writings to present have been ‘spin’ then heaven knows what readers would have thought, if I had got into this NG law suite end run round French opposition and allowing a buyout of OREA conspiracy theory.

GLTA - https://twitter.com/EarthsRare
     
 
 

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