NMG - New Murchison Gold

[Sean K]

Ora Gold is a $5 million market cap explorer conducting pre-production activities on its Abbotts and Garden Gully tenements near Meekatharra, Western Australia.

I saw that this morning and the grades look great, but on inspection it is just rock sampling from old pits. I wonder how significant rock samples are? I suppose it could be an indication of what runs at depth, but? Worth putting on a watch list.

 

[greggles]

I saw that this morning and the grades look great, but on inspection it is just rock sampling from old pits. I wonder how significant rock samples are? I suppose it could be an indication of what runs at depth, but? Worth putting on a watch list.

Yeah, this is a watch list stock for sure at the moment. It's got a long way to go but all it takes is some solid drilling results and a stock like this can take off quickly. It's not hard to go from a $5 million market cap to a $20 million market cap as an explorer if you hit some wide high grade intercepts.

 

[Telamelo]

Cheap WA Goldie OAU @ 0.003c .. dyor

 

[Telamelo]

Yeah, this is a watch list stock for sure at the moment. It's got a long way to go but all it takes is some solid drilling results and a stock like this can take off quickly. It's not hard to go from a $5 million market cap to a $20 million market cap as an explorer if you hit some wide high grade intercepts.

WA Goldie OAU @ 0.003c just announced .. dyor

 

[Telamelo]

WA Goldie OAU @ 0.003c just announced .. dyor

View attachment 157190

 

[Telamelo]

View attachment 157195

Seems OAU may be starting to warm up... dirt cheap @ 0.004c with tremendous 'high grade gold' potential/discovery etc. dyor

Cheers tela

 

[Telamelo]

Ora Gold OAU interview..

 

[Telamelo]

Ora Gold OAU interview..

Podcast released by Ora Gold OAU (link below)

Meanwhile, noticed 2 parcel lots of $30K each 'buy orders' executed yesterday afternoon..

 

[Telamelo]

Ora Gold WA - OAU

Exceptional more high grade gold!

 

[Garpal Gumnut]

OAU is my pick in the November 2024 competition. Ora Gold despite recent good drilling results seems to languish at a low price.

The world is in a state of chaos and Gold despite a stellar rise seems to keep on going and going.

gg

 

[System]

On November 20th, 2024, Ora Gold Limited (OAU) changed its name and ASX code to New Murchison Gold Limited (NMG).

 

[Garpal Gumnut]

On November 20th, 2024, Ora Gold Limited (OAU) changed its name and ASX code to New Murchison Gold Limited (NMG).

The stock is down as NMJ in the Competition for November. It should be NMG

gg

 

[Joe Blow]

The stock is down as NMJ in the Competition for November. It should be NMG

gg

Oooops! Sorry, fixed.

 

[Garpal Gumnut]

I'm going with NMG again for the December competition. It is a gold prospector in the Murchison field in WA with some significant adjacent golders such as Westgold WGX who have a holding in NMG.

NMG have had recent very good drill results and plan to open cut or get taken over, the latter will not appear in any ASX announcements until it happens.

gg

 

[Garpal Gumnut]

NMG showing a bit of life this morning. An agreement with one of its major shareholders Westgold to process ore. I threw a few kopeks at this. It's my pick in the comp this month. I don't usually hold stocks that I put in the comp but the chart and the story looked good. It used be called something else Ora something or other until they changed the name to its indigenous present name.

gg