Orea Mining Corp OREAF

Horrible Day

[LarryGo]

Horrible day topping of a horrible quarter. I don't see any news. Anyone?

[OldJeb]

If you have been paying attention over 12 million shares were traded in the last 3 days! Someone is buying up shares in big block trades! Maybe a takeover is in the works! Hold on to your shares and don't panic.

[OldJeb]

6.6 million traded today on holiday shortened day

[123buyholdhope]

Here are some ideas and they haven't changed much since my last posts.  At the bottom an old article from Sept 2021 that emphasizes the present major problem with illegal gold mining in FG. This illegal operation is only going to compound if gold exploration is banned in 2022 in FG. So, the problem for Macron is he can’t get a hold of the illegal mining mess in FG. The FG

[DanGSstocks]

Hi 123buyholdhope Happy New Year I appreciate your writing all the information that you provide. I would like to ask where you are getting the 8 billion value of the project?  The 2017 BFS says $370 after tax and 5% discount. Thank you Dan

[123buyholdhope]

Thanks for the reply DGS. The media reports are that NG has presented themselves in the legal action with a project valuation for their 55% alone. at approx US$4.6 billion. That would place OREA 45% at approx 3.5 bill. I read very early on that the amount NG wanted for damages was approx 500 mill' but I can't find this damages amount quoted recently. Below is quote from the OREA commenting

[DanGSstocks]

Hi 123buyholdhope Thank you for the clarification.  I remember seeing this article, but at the time I thought of it as a sensationalistic article(s) that had no merit. Indeed, from Orea's news: "Orea confirms that it has not been informed of any such claim by Nordgold, and is unable to confirm the accuracy of the aforementioned media articles." still makes me feel so.