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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 - 28 Mar 2011 16:53 - 58 of 267


Reasonable sampling results will take this higher, good results it will double and more from here, hang in.

Balerboy - 28 Mar 2011 23:40 - 59 of 267

Weldone driver, good call at the mo :))

driver - 29 Mar 2011 12:25 - 60 of 267


Cheers ORE still looking good even on a negative day up 3% plenty of buying pressure.

driver - 29 Mar 2011 17:01 - 61 of 267

Charts looking good for the rest of the week.

driver - 30 Mar 2011 16:35 - 62 of 267

A retrace is always healthy for the chart but not for the pocket. Onwards and upwards.

driver - 31 Mar 2011 12:15 - 63 of 267

Retrace over, hope to see 1.20 before the W/End plenty of volume again.

kimoldfield - 31 Mar 2011 12:43 - 64 of 267

That would be acceptable! :o)

driver - 31 Mar 2011 12:47 - 65 of 267


Yes very acceptable and possible even today lol.

driver - 31 Mar 2011 17:29 - 66 of 267

Nice finish here should see the 1.20 broken tomorrow.

driver - 01 Apr 2011 09:25 - 67 of 267

Good volume again today nice start 12% up

driver - 06 Apr 2011 11:52 - 68 of 267

Drifting on very small volume, The chart is still looking good for the next step up.

Balerboy - 06 Apr 2011 13:29 - 69 of 267

think you should have taken your profit driver.,.

driver - 06 Apr 2011 15:20 - 70 of 267


Its been there before it hit 1.63 before it was ORE (MVC) I'm in for the long term still early days

kimoldfield - 07 Apr 2011 12:15 - 71 of 267

Another good trading day so far Driver!

driver - 07 Apr 2011 13:21 - 72 of 267


Yes another good day. Look at the chart. Perfik as they say.

driver - 11 Apr 2011 16:38 - 73 of 267

Dragging its heals again waiting for the sampling results will be adding IF it goes any lower. Still very happy to hold.

driver - 20 Apr 2011 16:11 - 74 of 267

Gold Price Blasts Through $1,500

driver - 26 Apr 2011 17:13 - 75 of 267

A post from the other side courtesy of Apavlovic who visited the site last week.

I visited Deli Jovan (Rusman) on Thursday f last week with a couple of friends who were my guide and frankly could not have done it without them and their ff road Lada Niva. What an experience that was and I pay my tribute to the Russian off road vehicle despite its looks and extreme lack of comfort but its amazing ability in that terrain is stunning.

Anyway enough about cars but a bit more about my friends. I d not know what their profession is English language but will describe their activity. They are responsible for detailed mapping of the terrain. So for eg. If you buy land they would come up and measure coordinates and determine length and width precise locatin gradient etc. Same for roads, footpaths etc and this information is then entered into maps and these drawings are then used for submitting applications etc. Why is this important?

These were the guys who were contracted by the Belgrade Company to do the work for Reservoir Gold JV Company in Belgrade. They took me to Rusman to show me what I called little pits and excavations which they were asked to map out the work which was subsequently used for submitting applications for exploration permit. The maps which they produced ate 3D n a scale of 1:10 or 1:50 (cannot remember which) which means basically detailed terrain mapping every 10 or 50metres. Presumably these shots are used to produce details images and maps so they can start plotting detail and planning sampling and future excavations

First let me tell you about the road. Set off via Zajecar all fine up to Seliste. It then gets narrower but the good news was that I spotted a school bus in the village ( well I would call it a hamlet as it had no more then @20 houses) which means road kept open in winter. Keep forgetting the name of the place but anyway when we reached this place it was time for me to leave my rented Scoda Fabia and jump into Lada (see pictures). Could have perhaps made it in a conventional car but would have been bad news for the suspension. It was very dry and if it had rained I would have said no chance. The pictures of the road I have taken go on for @4km. No panic. There is a better road which we could have taken ( we used on return trip) which was better and shorter before we hit gravel. I can now understand why sampling was not taken in December. They would have had no chance - simple as that. Any rain or snow you need a good and narrow 4 x 4.

The road to Gindusa is better I am told but I have not been there. It is @5 miles away and frankly once you have sine one excavation you have seen them all. I was also told there was less activity at Gindusa and the only difference was the rock was predominantly dark unlike Rusman where it is more brown in colour. I tok some samples so when I land at Gatwick hopefully this would be picked up by scanners and IMO this would be a good sign LOL. Rock samples attached seemed to have a lot of sparkle in them and I think these are quarts minerals. In fact you could see the sparkle in the soil which was quite strange and I have not seen it before. However when reading this please be warned: I am not a geologist (far from it) and this is probably a quite nae and amateurish observation.

In terms of possible questions you are probably asking yourself and I would like to say that the climate here is not as severe as it is a little further south. Yes they get lots of snow and cold but roads are kept open and hence mining can be done 365 days but I am convinced that the last stretch of road would need IMPROVEMENT. I will not pst the bits in red.

With regard to sampling I have seen one excavation which looked quite fresh see image 689. You can see some solidified mud to the decide which means must have been taken when it was taken recently or the ground beneath must be wet. In my view this must confirm samples have been taken quite recently. I thought the ground conditins were excellent and I would suspect the company will take the next steps and re open sme of the mines.

It was a very interesting to see. Lots of small pits and what I call holes dug out everywhere. An ancient wall you can see in the photo must have been used a long time ago with some purpose! What is also interesting to see and hopefully you can spot this in my photos is that a lot of mining seems t have taken place at surface level and you can see little terraces were formed on the hills. Des this suggest the possibility of larger open pit mining being one possibility. It is also worth remembering the distance between Rusman and Gindusa is 8km so potentially a large area if veins stretch that far!

At end the day I took the guys to the most fantastic barbecue Zajecar. Wish I took some photos of that to envy you all!

Pay attention to image 689. In my opinion this sample was taken recently. You can tell it was muddy and grass has not grown back which to me suggest quite recent activity.

TopAnalyst - 26 Apr 2011 18:11 - 76 of 267

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:







This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

driver - 26 Apr 2011 19:22 - 77 of 267


Can you remove your post from this thread; you do not have any research on ORE and have never posted on here before.
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