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Orogen Gold (ORE)     

driver - 06 Mar 2011 16:45

Orogen Gold plc (formerly Medavinci plc) is a UK public company quoted on the London Stock Exchange AIM market The company�s main activities are focused on mineral exploration and production in Europe.
The Company is incorporated in England & Wales and its business is managed from London and Dublin.

The Deli Jovan gold exploration project in Serbia is the Company�s main operational project.

John Barry 6.12%
Ed Slowey 6.07%
Alan Mooney 4.36%
Michael Nolan 4.36%
Adam Reynolds 4.90%

Orogen Work Plan

Orogen�s exploration objective for Deli Jovan is to demonstrate the potential for a minimum 500,000 ounce gold resource, with scope for substantial additional resources. Orogen will target a maiden inferred resource of 100,000 ounces of gold which would support an initial two to three years of production at an annualised rate of 30,000 to 40,000 ounces of gold. Subsequent drilling and sampling will be aimed at further extending the resource base to support a continuing mining operation. This will be achieved through re-opening and detailed mapping and sampling of the old mine workings and diamond drilling to confirm and extend the Rusman and Gindu�a deposits.

Subject to the outcome of the initial work phase, a follow-up programme is proposed comprising 20,000m of diamond drilling to delineate a maiden inferred resource of 100,000 ounces of gold sufficient to support two to three years of production based on a preliminary economic assessment.

Chairman Adam Reynolds said, 'We have a very exciting gold project in Deli Jovan which I believe will significantly enhance shareholder value and additionally we are reviewing a number of other mineral exploration opportunities in Europe and Asia that are at varying stages of advancement.
Web Site
Orogen Gold, Gold_Strategy_
Reservoir The Company MVC Acquired the project Reservoir Retains 25%
Results of Soil Sampling Programme and Deli Jovan Project Update 3 OCT 2011
Company Presentations Nov 2011

Chart.aspx?Provider=EODIntra&Code=ORE&SiSampling results audiocast Tue, 01 May 2012, 2:00pm GMT

driver - 09 Mar 2011 15:49 - 18 of 267

From the other side courtesy of ffastfill

Reasons for optimism:

(1) Deli Jovan has never been properly explored and could contain far
more reserves than anticipated and be put into production on a quick
comparitive timescale.Orogenic rock formations held within Quartz are
historically the most productive geological conditions for major gold
mining operations and ALWAYS throw up suprises (normally good ones).
As found in mother lode and norseman in such places as California.

(2) Orogen have assembled a very experienced well connected board
of directors who have already stated "more aquisitions is a goal".And
from initial observations seem to be very careful in choice of
investments and shareholders funds.

(3) They have a funded programme so any resource updates or official
JORC statements will propel the shareprice.If a significant find is made
orogen could easily grow as quickly as some of its peers in sector have
done in the last 12 months.

(4) On a lighter note - the website is not golden! and perhaps unfairly
portrays a bad image of what looks a solid prospect.

A re-cap on the results so far released,very encouraging given the
small percent of mine and licence zone tested!


Sample No 1 :98.8 Au g/t
Sample No 2 :3.16 Au g/t
Sample No 3 :0.59 Au g/t
Sample No 4 :30.6 Au g/t
Sample No 5 :84.6 Au g/t


No of Samples: Average Au (g/t)
8 0.3 1.0 : 9.71
5 0.4 0.5 :10.57
3 0.4 0.5 :17.15
5 0.5 1.0 :18.82

Sampling by reservoir.
Major shear zone-hosted vein system
Rusman grab samples from u/g collapse zone average ~40g/t gold
Gindua u/g channel samples average between 9.7 - 18.8 g/t Au
.along vein segments up to 38m in length.

Balerboy - 09 Mar 2011 16:02 - 19 of 267

I shall have to have a word with mam, nothing but red sells but driver will tell me they'er all buys.,.

driver - 09 Mar 2011 16:15 - 20 of 267


If they were all sells this would be 10-20% down over the last few days do a dummy buy and you will find out. p.s this is also traded on Plus.

Balerboy - 09 Mar 2011 16:19 - 21 of 267

I'm sure there are plenty of shares to buy........selling when YOU want too might be different.,.

driver - 09 Mar 2011 16:23 - 22 of 267

There you go just done one for 100000 shares .86p to buy.

Order Costs
Number of Shares 100000 Consideration 860.00
Amount 860.00 Stamp Duty / SDRT 4.30
Include Charges n/a PTM 0.00
Buy Price 0.86p Commission 12.95
Contract Total 877.25

Balerboy - 09 Mar 2011 17:04 - 23 of 267

if they're selling like the trades thread says, i'm not surprised, with a spread of 3.5% we'll see how long you hold for a profit.,.

driver - 09 Mar 2011 17:43 - 24 of 267


Already in profit bought @ .48

driver - 10 Mar 2011 16:38 - 25 of 267

All buys again today still showing as red, the sp would have been done if they were sells everything on my watch list is red bar two out of 140, there is an overhang here that needs to clear its a good time to accumulate.

Balerboy - 10 Mar 2011 18:35 - 26 of 267

Think your the only one driver, you mop up all for must have 10mill by now!!

kimoldfield - 10 Mar 2011 20:30 - 27 of 267

I'm waiting on the sideline ready to pounce and add to my very meagre holding!

driver - 10 Mar 2011 20:57 - 28 of 267


Keep an eye on HTT as a punt not in myself (no funds) they have brought in Melissa Sturgess, She has helped the corporate development of a number of UK listed resources companies. It could do a MVC Theres a lot of buying over the last few days.

kimoldfield - 10 Mar 2011 21:20 - 29 of 267

Cheers Driver.

kimoldfield - 10 Mar 2011 21:27 - 30 of 267

Hot Tuna, of course, haven't looked at these for a while - thought they had gone bust, but no, still there. Will keep an eye on them.

driver - 11 Mar 2011 11:47 - 31 of 267

Result of AGM

537scott - 14 Mar 2011 15:49 - 32 of 267

Why am I seeing nothing but SELL in the Trades section.

driver - 14 Mar 2011 16:29 - 33 of 267


This is early days you can buy at .82 so mostly buys today patience is required and a good time to accumulate. The sampling results were held up because of the weather and will not start till June. The sp will drift up and down .80 .01 IMO until the time of the sampling results. Then lift off.

Balerboy - 14 Mar 2011 16:46 - 34 of 267

Scott, Drivers logic baffles me tooooooooo!!!

driver - 16 Mar 2011 14:08 - 35 of 267


Now is the time to buy .75 to buy at the moment I think we have seen the bottom.

Balerboy - 16 Mar 2011 14:11 - 36 of 267

you haven't seen mine!!!

HARRYCAT - 16 Mar 2011 14:12 - 37 of 267

Are you sure about that? ;o)
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