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And a whole year later , Boy did I fall asleep on this one from .12 , cant write it off in a Roth
The Montagne d’Or mine, the ninth most valuable gold development in the world,
is located in the northwest of French Guiana.
Owned by Vancouver-based Orea Mining, Montagne d’Or (“Mountain of Gold”) is
situated within the Guiana Gold Belt, a region recognized for its significant gold
deposits and prospects.
The mine’s location and vast reserves contribute to its valuation and position
in the global gold industry.
Orea Mining Corp: https://oreamining.com
Protect Yourself Now! 5-Digit Gold Is Inevitable..." - Rafi Farber | Gold Silver Price
Bullion News
https://www.youtube.com/watch?v=mNTm0BH-OO8
https://www.bitchute.com/video/ZrWok1BU8VYR/
The US debt got downgraded to AA+ from AAA.
The Dow then sold off to the tune of 400 points.
As always all stocks sell off. The gold miners will reverse before the other industries.
Don't be a weak hand as thats what the big boys are hoping as they load up.
Hold your shares. Blue Sky Breakout coming soon to a theatre near you!!!
President Ronald Reagan - “Money Printing Causing Crippling Inflation” Returning to Gold Standard Priority #1
Gold Silver Index
Orea and Nordgold sign amended purchase agreement.
— Orea Mining (@OreaMining) July 20, 2023
Sanctions authorities have advised that they are reviewing the agreement. Orea is unable to provide guidance on when it might receive a reply.
Learn more: https://t.co/LNXVuwtfZa$OREA $OREAF $OREA.TO $3CG #montagnedor pic.twitter.com/PnL5ddlVnW
These are the world’s most valuable gold mines in development.https://t.co/vIF2PpQ5ER ranks Montagne d’Or as the ninth most valuable gold development in the world.
— Orea Mining (@OreaMining) July 7, 2023
Full article: https://t.co/hKumStaAfI$OREA $OREAF $OREA.TO $3CG #montagnedor#Frank Holmes #USGlobalInvestors pic.twitter.com/YmxYtg7H0F
And look who shows up! All was moving along until the USA and Canada illegally sanctioned private individuals and companies. Have you seen the recent selling of confiscated property for profit. It’s not right
PSI at 0.0135. Lol, very over pumped.
Canadian Gold mine play? What were you thinking? At least no one got pushed out of a helicopter.
Remember to thank a penny stock promoter.
OREAF huge volume for this ticker weak hands out, stronger hands loading
OREAF lets see .03s for close and work back to .05-.06 next week
OREAF moving back up on over reaction sell this AM big bidders moving in to scoop cheap shares https://www.otcmarkets.com/stock/OREAF/news/Orea-Sanctions-and-Corporate-Update?id=403878
Orea Sanctions and Corporate Update
Vancouver, BC, Canada, June 9, 2023, Orea Mining Corp. ("Orea") (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) provides an update on the closing of the acquisition of the additional 55.01% interest (for a total of 100%) in the Montagne d'Or gold project holding company ("HoldingCo") (the "Acquisition") in French Guiana, France.
The closing of the Acquisition was scheduled for February 27, 2023, but was delayed due to sanctions imposed by the Canadian government on Nord Gold PLC's ("Nordgold") Russian controlling shareholders on February 23, 2023. Global Affairs Canada ("GAC") is the department within the Canadian government responsible for matters related to sanctions; GAC is ultimately the responsibility of the Minister of Foreign Affairs (the "Minister"). GAC received Orea's sanctions application on March 2nd, 2023.
Orea's application was rejected principally based on the interpretation of the Minister that Orea cannot guarantee that any potential future C$100 million payment to Nordgold, would be paid into a frozen account, if sanctions still apply at the time of the payment. Even though the agreement with Nordgold expressly prohibits such payment, the Minister is of the view that Orea could circumvent sanctions and pay Nordgold C$100 million into a non-frozen bank account. Orea has communicated with GAC several times post the rejection, that the agreement with Nordgold makes it contractually impossible to circumvent sanctions to make the C$100 million payment into a non-frozen account.
Orea has filed a formal reply to the rejection letter, proposing to amend the terms of the agreement with Nordgold whereby the C$100 million payment would only be made if and when all sanctions are lifted against Nordgold and its controlling shareholders, in the U.S., the UK, the EU and in Canada. For clarity, the current agreement with Nordgold requires the C$100 million payment to be made to a frozen account if sanctions are still in effect when and if the conditions to make the payment are triggered. The new proposal is that the payment will only be made if all sanctions are lifted, when and if the conditions to make the payment are triggered. Orea is awaiting a formal determination to the proposal from the Minister.
The Canadian government rejection was received only a few days prior to the expiry of Orea's French government sanctions authorization. No extension by France is possible under current European Union ("EU") legislation and there is no assurance that any new EU legislation will permit France to consider an extension to Orea's expired authorization or to consider a new authorization. The EU member states are currently negotiating new sanctions legislation. Orea and its legal advisors are following developments in the EU closely.
Orea's agreement with Nordgold allows either party to terminate the agreement after May 31, 2023, by providing written notice. Orea sees no incentive to compel either party to terminate the agreement prior to seeing through developments in Canada and the EU, however Orea cannot predict Nordgold's position.
Given the timing of the rejection by the Canadian government, there can be no assurance that the Acquisition will close. As a result of the extensive delays in obtain GAC approval of the transaction, Orea has a significant working capital deficit and concerns about its solvency. There can be no assurance that Orea is able to meet its obligations as they become due.
Orea also reports that Michel Jebrak has resigned as a director due to his recent involvement with a group that has been granted a significant mining consulting contract by the French government, and as a result is now conflicted by sitting on Orea's board.
*About Montagne d'Or
Orea is awaiting a decision by the Supreme Court of France regarding the renewal of the Montagne d'Or mining titles (see press release of May 10, 2022). Montagne d'Or is an open pit gold mine development project that hosts Measured Mineral Resources of 10.3 Mt at 1.804 g/t gold (600,000 oz), Indicated Mineral Resources of 74.8 Mt at 1.350 g/t gold (3.25 Moz) and additional Inferred Mineral Resources of 20.2 Mt at 1.48 g/t gold (960,000 oz), prepared in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). The Mineral Resources are confined within a pit shell defined by a gold price of US$1,300/oz and a cut-off grade of 0.4 g/t gold. Mineral Reserves have also been defined with Proven Mineral Reserves of 8.25 Mt at 1.99 g/t gold (530,000 oz) and Probable Mineral Reserves of 45.87 Mt at 1.50 g/t gold (2.2 M oz). The Proven and Probable Mineral Reserves were estimated using a gold price of US$1,200 per ounce at varied cut-off grades from 0.552 to 0.665 g/t gold, dependent on lithological rock types, economics and estimated metallurgical recovery. Montagne d'Or ore can be readily processed to recover the contained gold and silver values using unit operations considered standard to the industry.
Qualified Person
Rock Lefrançois, a director of the Company, is a Qualified Person under National Instrument 43-101, has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.
For more about Orea visit the company's website at www.oreamining.com
Robert F. Giustra
Chairman
For more information contact:
+1 604 638-3944
ir@oreamining.com
best of luck to you
M.J.
@mjam2020
·
5m
Replying to
@TerryChenOK
$OREAF I added as well...Co announced things not going great with GAC...but they have reworded the agreement...and going to try and get it passed that way. Although it doesn't look great...they aren't completely dead just yet.
on the dip...it's over
I like the way ChatGPT thinks..lol
Q: If montagne d'or has 5.5M ounces of gold...how much is the mine worth today?
A: To estimate the value of the Montagne d'Or gold mine with 5.5 million ounces of gold, we would need to take into account a variety of factors, such as the current market price of gold, the cost of mining operations, and any environmental or regulatory considerations.
Assuming a current market price of gold at around $1,800 per ounce (which is subject to change), the estimated value of the Montagne d'Or gold mine with 5.5 million ounces of gold would be:
5.5 million ounces of gold x $1,800 per ounce = $9.9 billion
It's important to note that this is just a rough estimate and the actual value of the mine could be significantly higher or lower depending on various factors, including the cost of mining operations, regulatory compliance costs, and taxes, among others. Additionally, any potential sale or acquisition of the Montagne d'Or gold mine would involve negotiations between the parties involved, and the final value of the mine could be impacted by a range of additional factors.
Spot over $2,000 today...Can't be a bad thing for OREAF.
https://www.kitco.com/charts/livegold.html
imho
mj
OREAF...hmm. Grabbed some just in case. Been following here a yr or two. Maybe getting close to a level up?
imho
mj
I have been trying to make a plan on how I am going to trade my position assuming a positive verdict. I would love to hear of other’s strategies. Mahalo
Looking forward to the squeeze. Can’t be that far away
You da man thanks
Orea Announces Private Placement
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, Canada, January 9, 2023, Orea Mining Corp. (“OREA”) (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) announces a non-brokered private placement (the “PP”) for gross proceeds of up to CAD$1 million. Priority to participate in the PP will be given to Orea’s qualified loyal shareholders who contact Orea at the coordinates below. *
Orea has initiated a financing effort targeting long term strategic funding. The current PP aims to satisfy working capital requirements until a strategic investor can be closed.
The PP is for up to 10,000,000 units at a price of CAD$0.10 per unit. Each unit is comprised of one common share of Orea and a warrant. Each warrant entitles the holder, on exercise, to purchase one additional share at a price of CAD$0.15, for a period of 12 months from the closing date of the PP. Orea has the right to accelerate the expiry date of the warrants when its shares listed on the Toronto Stock Exchange (“TSX”) trade at a price of $0.15 or more for a period of 10 consecutive trading days.
Finders’ fees of 8% payable in cash and warrants may be paid in connection with the PP in accordance with the policies of the TSX. The PP is subject to approval by the TSX.
* The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.
FOR INFORMATION ON THE PRIVATE PLACEMENT CONTACT
JORGE MARTINEZ
+1 604 634-0972
ir@oreamining.com
About Orea Mining
Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. Its mission is to develop gold deposits with a reduced environmental footprint, upholding the highest international standards for responsible mining. In French Guiana, France, Orea controls the world-class Montagne d’Or mine development project.
For more about Orea visit the company’s website at www.oreamining.com
Robert F. Giustra
Interim CEO
For more information contact:
Investor Relations
(604) 634-0970 or
1 888-818-1364
ir@oreamining.com
Yes! Newsss
News; $OREAF Orea Receives Government Approvals and Signs Definitive Agreement to Close Acquisition of 100% of 5 million Ounce Montagne d'Or Gold Deposit https://t.co/o6cZ6gIxow
— PG Trends (@pg_trends) January 4, 2023
#MWN #Stocks @swingtradesguru @Rise2ShineLife $PLPL $TYDE $VVOS via @marketwirenews
OREAF volume 1st then big moves North
Waiting patiently!
OREAF do we see dimes entry today
yes today got my attention back here a bit OREAF, some insider always gets a heads up, so volume on ask makes me get a little positive vibes
Can’t wait for the final verdict that allows this to skyrocket.
OREAF OREAF Security Details
Share Structure
Market Cap Market Cap
14,628,651
12/30/2022
Authorized Shares
Unlimited
12/30/2022
Outstanding Shares
216,400,158
12/30/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
22,456,714
12/30/2022 nice action today, load b4 next PR/8K
Orea Mining https://twitter.com/OreaMining OREAF
@OreaMining
·
17m
Orea monetizes the Antino Project option & can now focus on its flagship 5M oz Montagne d’Or Gold Project in French Guiana for which it has entered an agreement to acquire the additional 55.01% for a total of 100%. Details: https://bit.ly/3W8quRk
Orea Sells Antino Project Option to Focus on 5 Million Oz Montagne d’Or Gold Project
Vancouver, BC, Canada, October 24, 2022, Orea Mining Corp. (“Orea”) (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) is pleased to announce that it has signed a binding letter agreement (the "Letter Agreement") with Founders Metals Inc. ("FMI") (TSX-V: FDR) to assign Orea’s option (the "Option") to earn up to 75% of the Antino Gold Project in Suriname (see news release dated March 17, 2022).
Orea estimates it spent less than $200,000 on the project. Under the Letter Agreement, FMI will be assigned (the "Assignment") all of Orea's rights and obligations pursuant to the Option. As consideration, FMI will pay:
$250,000 in cash upon signing the Letter Agreement (received);
$250,000 in cash on the earlier of completion of the Assignment (the “Closing”) or December 31, 2022; and
1 million common shares, which shall be subject to a four-month statutory hold period in accordance with the policies of the TSX Venture Exchange (the “Exchange”) and applicable securities laws, on the earlier of Closing or January 31, 2023.
The Closing is subject to various conditions, including approval from the Exchange and shall occur on the date following receipt of Exchange approval on or before March 31, 2023.
For more about Orea visit the company’s website at www.oreamining.com
Robert F. Giustra
Chairman
For more information contact:
(604) 418 6560
ir@oreamining.com
Oh! Yes the dilution game with no proof!
BTW, the Canadian ticker is up over 7%.
OREAF .0469 another loser pick by you, lol DILUTION PIG, and nothing but down since you started pumping it, lol, New LOY about to hit here on this SCAM
agreed and agreed, nice little recap as why the real investors knowing and posting facts are the ones to be bellieved, OREAF
This is what accurate information looks like. Facts are facts.
None of that garbage dilution stuff with no proof whatsoever.
Loving the lows and will be adding more to my big load already on hand.
It’s coming!
PAYtience.
Orea won in lower Court, won the appeal, beat the NGO (environmentalist group) supreme Court rejected them. Have been approved by all environmental studies with their mining technology, presidential election is over, Parliament elections are over, they got the Russians out (Nordgold) now owning 100% of the site, French government approved the deal with no sanctions, in 2 weeks it will have been officially one year since it's been filed in the supreme Court. Victory is coming!
OREAF .0501 and this scam keeps dumping and showing huge ASKS, and the price keeps falling, how about some accurate information, that is current, other than BS posts that carry no validity, like mine which do
Here I will explain to you: Share structure hasn't been updated since 8/31 and knowing how Canadian scams run a public company with unlimited share count in the AS, you don't have to look further, furthermore, if this company had any tangible gold, the price wouldn't be where it is now, essentially it is all BS, nothing less, nothing more. Good luck.
https://www.otcmarkets.com/stock/OREAF/security
of course not OREAF OREAF SECURITY DETAILS
Share Structure
Market Cap Market Cap
12,767,609
09/19/2022
Authorized Shares
Unlimited
08/31/2022
Outstanding Shares
216,400,158
08/31/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
22,456,714
08/31/2022 I'll update the SS when its updated, until then he's just spiting out garbage opinions
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