Orea Mining Corp (OREAF)

[threewheeler]

yeap facts trump every time, so easy to verify what SS has been in the past, I post-it all the time to boards Im on for just that reason OREAF

[Samuel J]

Exactly!

The past 2 months as far as I can remember not a penny diluted.

Where do they come up with such lies!

[threewheeler]

$OREAF This would be 100% ownership interest in an 8.5 billion dollar asset 5 million ounces x spot price of 1700 dollars per ounce?https://t.co/fw0XeZ0x65 pic.twitter.com/wvbjlZXhEk

— OTCmethod.com (@KickoStocks) September 1, 2022

[threewheeler]

OREAF Outstanding Shares
216,400,158
08/31/2022 Outstanding Shares
212,100,158
01/31/2022 a total of 4,300,000 shares added in 7 months is hardly a dilution pig

[Johnstown]

OREAF .081 another dilution filled mining scam stock, wow1,5 mil traded and gone nowhere 10 day ave 205k traded, yea makes sense when news is out to dump shares

[threewheeler]

OREAF lets see lunchtime, MMs moving all around, lets smack'em outta here

[threewheeler]

OREAF looks like some others were tired of holding this AM and took some off the table, L2 thinning again here, so maybe we move into dimes still today

[TaperT2]

Id Drink ta That , atleast get my $$ back an some for house purse

[threewheeler]

OREAF nice slappage to start, lets see dimes start shortly

[Samuel J]

Welcome back

Need your daily updates regardless.

All the best

[absinthe69]

UP 47.3 fricking % BABY not bad

[Samuel J]

If I am not mistaken the penalties that the French Government would have to pay is anywhere between €10,000-€20,000 per DAY for the length of the trial.

You do the math my friend.

Don’t forget the icing, icing, icing, icing and more GOLD icing on the cake and you can only imagine how big this could be.

All the best to all invested and been patient all this time. IMO it’s about to payout large.

Some of my shares are going in for a very very very very long time cuz I could see this play out over the coming few years cuz I can see gold going up with this inflation mixed in with the coming recession where some classical economists predicting a depression.

Who knows, nothing wrong in holding an upcoming gold stock that has great potential IMHO.

[Samuel J]

*Correction

Penalties would take care of approximately 30% of the losses you speak off.

As for the GOLD itself, well that’s just icing, icing, icing, icing and more icing on the cake

Final ruling shouldn’t take that long IMO.

If you are watching on the sidelines and this gets halted then you’ve missed then boat.

I’ve been accumulating these lows for god knows how long and now am making money!

I ain’t missing the boat on a third consecutive ruling by the Supreme Court of France now that OREA owns the whole mine.

Definitely NOT!

[Samuel J]

If it was a scam, it wouldn’t be QX verified by SEC!

Plus, the penalties alone would substantiate the loses declared u speak of.

If they were pumping as you say they wouldn’t have gone silent for two months straight. They’ve actually been very very very efficient bringing food and bad news out.

I am very well experienced as well, and I’ve seen pinks and many of them with much much much much bigger losses that skyrocketed hitting the stratosphere.

All we need is the verdict and keep in mind a Golden Cross is starting to develop just in time for the final verdict news.

This could very well be one of the zip code changing moments.

Consider the amount of GOLD anticipated vs OS and you will know. I am not saying it’s going to that level, but what I am saying is it has an amazing change doing X’s in no time that’s assuming it doesn’t get halted on the Canadian Exchange first.

Watch and see and so am I.

Good luck to all holding.

[madcasper]

oh boy,
yet it moves 100% in 3 weeks..
you a certain special mr.

OREAF

[threewheeler]

OREAF nice upticking day lets have some new eyes find us the rest of the week and .25s very possible

[I-Glow]

I have a great deal of experience in the mining industry and these Canadian OTC gold mining stocks are always scams.

In the financials which are on SEDAR and in the last quarter the company had a net loss of US $25,950,032.

Look for mining concessions or claims and try and verify the press releases.

Digging into these Gold Mining stocks is fun because of the grand pumping press releases.

The most sophisticated I helped get suspended was SRGE. It was a tough one because of the pumping team. It was a huge scam.

IG

[threewheeler]

Orea Secures 100% of 5 million Ounce Montagne d'Or Gold Deposit
Vancouver, BC, Canada, August 31, 2022, Orea Mining Corp. (“Orea”) (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) is pleased to report that it has entered into a legally binding letter agreement with Nord Gold plc (“Nordgold”) to obtain its 55.01% interest (for a total of 100%) in the Montagne d’Or joint-venture company in French Guiana, France. Montagne d’Or is a permitting stage, 5-million-ounce open pit gold mine development project with good grade, excellent metallurgy, and considerable potential to increase ounces by infill and expansion drilling.*

“This agreement is very accretive for Orea shareholders”, said Robert Giustra, Chairman of Orea. “Orea previously owned 45% of a gold project with an NPV of US$370 million, based on a US$1,200 gold price for calculating reserves, and US$1,300 for calculating resources. Orea has now signed a deal to control 100% of that project, and is planning to carry-out updated economic studies with current inputs, to determine what will certainly be a much higher NPV at significantly higher current gold prices of over US$1,700.

Under the terms of the letter agreement, there are no up-front payments. Consideration is entirely at the back-end, whereby Orea will only be obligated to pay Nordgold CAN$100 million, when Orea receives all permits and authorizations, necessary for construction of a mine that produces a minimum of 100,000 ounces of gold per year. If Nordgold’s shareholders are still under sanctions at the time of the CAN$100 million payment, then the funds will be paid to a blocked bank account.

The binding letter agreement becomes effective with, and is subject to, the approval of all applicable sanctions authorities. Orea and Nordgold will complete a definitive agreement in due-course. Orea intends to fully co-operate with all applicable authorities pertaining to sanctions regulations.

Orea also reports the departure of Rock Lefrançois, President & CEO. Mr. Lefrançois recognized that the foreseeable months ahead for Orea would be focused on legal engagement and government matters, rather than on the geological and mining endeavors that he can provide more value on. The board of Orea greatly values Mr. Lefrançois and his contributions to Orea over the years and thanks him sincerely for his contributions.

In addition, Orea reports that it is not pursuing closing of additional tranches of the CAN$1 million private placement announced on June 13, 2022; a first tranche of CAN$215,000 closed on June 17, 2022. Given the recent development of the acquisition of 100% of Montagne d’Or, Orea management believes that it can complete financing on more favorable terms, and intends to announce another private placement in the near future.

*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 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.

About Orea Mining Corp.

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 using innovative technologies, upholding the highest international standards for responsible mining. In French Guiana, Orea holds a 100% interest in the world-class Montagne d’Or mine development project. In Suriname, Orea is advancing the Antino gold exploration project through its option agreement to acquire up to a 75% interest, which is subject to approval of certain regulatory authorities.

For more about Orea visit the company’s website at www.oreamining.com

Robert F. Giustra
Chairman

For more information contact:

[phone]
[e-mail]

[madcasper]

https://www.otcmarkets.com/stock/OREAF/news/Orea-Secures-100-of-5-million-Ounce-Montagne-dOr-Gold-Deposit?id=370837

OREAF

[TaperT2]

MyMy whats becoming over hear anyone here anythang

[Samuel J]

Someone stopped giving daily price updates as this keeps going up ever so slowly.

Missed you dude.

[Killion]

Ok, I go along with that. Confirmation
Been waiting over a year

[Uranium]

Some follow-through tomorrow will give me more confidence that somebody knows something

[Killion]

I couldn’t find anything either
Somebody knows something though

[ralphrotten]

More sells than buys?

[Uranium]

Someone bought a bunch. Not finding other clues yet

[Killion]

What is going on?

[absinthe69]

+4% not bad

[HoldEm777]

Only heard one person in my life time mention this ticker. Interesting ticker.

[ralphrotten]

-$2.5%. Not bad. Can we get this over $.05? This $.04-.05 is really boring.

[absinthe69]

-6% not bad

[absinthe69]

Anything below .05 should payoff well

[ralphrotten]

It does not look like I will be getting any $.035’s. I should have picked up a few more at $.04.

[absinthe69]

+10% pretty good

[ralphrotten]

9.8% pretty good day

[absinthe69]

-.05% not bad

[absinthe69]

-2% not bad

[HoldEm777]

whats the word here threewheeler

[absinthe69]

+.74% not bad

[absinthe69]

-14.5% not bad

[absinthe69]

+12.38% pretty good

[absinthe69]

-0- not bad

[absinthe69]

+7.5% not bad

[absinthe69]

-14.4% not bad

[absinthe69]

Yeah, I’d like details

[Uranium]

We could use some visibility into how Orea proposes to transfer funds to Nordgold. Now, as far as I know, the wife is the owner of the Russian interest in Montange. Still, I wonder if the west would interfere in the deal?? FYI, very long, not short $OREAF

[absinthe69]

If goes to $1 current pps is a steal.

[ralphrotten]

Not bad. I wish I would have picked up a couple hundred thousand more shares at $.035. I want a million shares in case this hits $1

[absinthe69]

+4.6% not bad

[absinthe69]

+21.4 not bad