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Orosur Mining Share Discussion Threads
Showing 15951 to 15972 of 15975 messages
|An intersting insight, from Mr Maguire,as to how the Barstewards will profit immensely.
"So here in 2017, and aside from an unthinkable default, this is how a cash settlement will play out. The conduit was already set up in July 2011 where Dodd Frank blocked US citizens from trading FX gold in the OTC LBMA market. Not long after, the CME brought in fresh halt trade rules that can freeze Comex OI for 5 mins, (options 3 mins), while the OTC spot market can trade unaffected. This ensures that any black-swan event that spike gold higher during a live session provides a back door to LBMA BB’s operating on the Comex to offset or indeed profit enormously by going long in the OTC markets, while the hot money and US traders are hung out to dry.
Given that insiders, the market making COT’s and Officials, are able to offset short positions off the Comex, as soon as the Comex reopens, another freeze would be imposed as the price would be halted again. This action would continue into the market close so that a more structured reset can be imposed."
I wonder how UK Tax papers would feel if they understood that, amongst other things,the UK was forced to sell its Gold at the lowest price of Circa $260
to save the Barstewards - GS.
I wonder if Clingon,Moron,and Bliar went long Gold for their Pension funds after that famous meeting with Clingon - with the whisper "Can you save GS from the meltdown of their Paper Gold shorts-or all hell breaks loose"|
|OMI is becalmed whilst gold is rising nicely now above $1250 - should only take a little buying to spark a decent rise.|
Just another attempt for the Fraudsters to try and control "Paper Gold" as once again there will be virtually No Physical Gold to be proven to support the Paper Trail,so they need the huge leverage of sucking in 1 tonne of Physical to turn into arguably 200 tonnes of Paper in the Pyramid scam-yet will more Physical go
to other exchanges and force them to something obscene like 500-1 leverage.
Changing from 1 Fraudster system to another is no change for the better as all the Physical Gold supporting the scam will continue its obscene leverage and huge re-hypothecation covered up by simply NO true Gold audits-as they cannot !!!
The truth is its worse than the 3% Lehmans had to prop up its potential bust after 150 years of existing (which caught them out)as we all fear our Central Planners and their Fraudulent Banks are facing that Lehmans scenario once again if the Markets they are propping up -pop !!!.
1 Bank (which some merely think is Scotiabank)has already been bailed in the Paper Gold scam,as others were years ago,so let`s see how Paid for Physical Gold demand
that London is losing - slowly dictates to no gold Paper.
The truth is out there and ironically even as Gold investors,we have to be scared of any day that truth pops out of the mistruths we are all being told.
Judging sentiment at the moment,that is possibly far less than 1% of us that have
any idea what the truth could be,as there will be little hint in the stories say those chasing Tech stocks- will hear or see or those reading /watching our controlled by Elites gutterpress News and Media rubbish
The "How to become a Multi-Millionaire Landlord or Property Flipper "type programmes were still showing
a week after the "Bust"! was signalled.
|Found this bit of technical analysis on OMI. That all looks reasonable to me, for those of you that need a bit of reassurance, when other goldies are moving:
|For those of us accumulating over the past 3 years,it has obviously all been about
mopping up stock that others sold in volumes.
If overall shares are in stronger hands,then there is more a reliance on those that borrow stock for 10 or so days- and then sell because they have to.
I thought there may be some temporary further bargain with the Employeees execising
of 553,332 Common Shares,yet if someone else (or others)that believes in the Cos prospects - that would have been a nice target to take out.
Stocks like HOC have done extremely well as they are of course subject to being
driven by huge Margin positions (CFD`s).
We all know that if there are no voluntary sellers of volume things can get very tight for those wanting to genuinely buy stock in size.
OMI will have its day and potentially many of them,for if I suggested my own target
I would be accused of mindless ramping,yet if others now take a similar view then
stock could progressively be unavailable in size.
All Management have to do is steer a steady ship until the Company is eventually perceived as a substantially undervalued money spinner-or a very rare self financing explorer .......... or both !!!
At £17 Million Market value I can find little that compares to its "potentials"
relative to such A PETTY CASH valuation.
When we can discuss the potentials of Anza,and assuming the gold price is showing
a hindsight of circa a solid average $1200,I daresay there could be a huge awakening to what OMI offers.
|We've had a 6 week high level consolidation. The odds favour a break out.|
|Hopefully that means we will burst upwards at some point, who knows. I continue to hold.|
|Only miner on my watchlist that goes nowhere, even when gold bursts upwards|
|Good price action of late.
OMI weekly chart
|Thgt this Edison update was worth a read. Only thing I really disagree with is the cash projection. Think they will have a lot more than $5.4M by the end of the year:
A very strange almost fake news story,as Germany suggests they have brought back 300 Tonnes from the US.... and yippy did rejoicing !!!?
What nonsense is that when compared to what they were supposedly trying to get back
circa 1500 Tonnes !!!
Either Germany is telling Porkies that the bulk of the 1500 Tonnes was ever truly "Physical Gold" or they are merely covering up that the US has effectively stolen their Gold.
The German people should wise up to the fact that the missing 1200 Tonnes is no doubt worth 0 ,either in its non existence- or its theft -for if its is also
"Paper Gold" false accounting - it will be worth 0 when Paper Gold is worth nearer 0 in its inability to be converted to Physical.
We have to wonder in the London Pictures of the Queen observing our Gold reserves
...... just whose Gold is She being shown and how many people lay claim to it.
They treat us like morons,yet their Morons are starting to wise up.
My huge concern is that most of us use Nominee share accounts,with suggestions
that as our collective shares are in the name of our Nominee holder,( ie Barclays Stockbrokers) they too are subject to far more claims than shares exist.-like Paper Gold.
Every which way we turn there is a cliff.|
|This as well richgit >>
|"If" it was Scotiabank that was bailed out from its Gold shorts last July,as seemingly it wasn`t any US bank,then if Silver keeps marching up they could be toasted as it is them and JP Morgan with the obscene short positions in Paper Silver.
Yet JP Morgan cares not as they have some 600 Million ounces of skimmed off
Physical silver from their multi-month manipulations,including just about every spare Silver Eagle minted the last few years.
We have to wonder what the deal is between Dracula and its gofer vampire as
the question could be how the hell does Scotiabank wriggle out of its short
JP Morgan of course has full script on what happened to Bear Sterns and their
Silver shorts,as JP Morgan was saddled with Bear Sterns in that bust.
Interesting times,and just maybe an extra 2% of PI`s will start to take note|
Brancote proved up circa 5 Million ounces which they sold on in a share deal
at beyond £200 Million and I took the offer immediately so got marginally less
as I didn`t want to take any risk of it going wrong.
That was in the days when it was considered there were no Gold shortages-as such.
These days we have the boss of Randgold and others warning there is a huge vacumm
of new mines circa 10-20 years of little in sight.
I had that needed bit of luck with Brancote and on a very rough calc of $50 in the ground to support my final and biggest sum investment at 80p the deal I was hoping for valued the Gold somewhat higher at circa £2+ per share.
What price for Gold and any decent resource assuming the shortages come to fruition
as we wonder what some Majors will offer for arguably "gold anything" when their
own investors are screaming for more resources !!
At the moment we can look at stocks like CGH/HUM (not yet producing)that have yet not been recognised for having the big number of overall 5Million + whilst 5Million + will become as rare as Hens teeth and put those with far less in the spotlight at some point.
I witnessed 1 bid at $1000 per ounce in the ground (for good reasons)a few years back, so gawd knows what we may witness in the coming years -if Gold is in shortage
That`s the game plan theory anyway,so OMI would have a lot to play for
with Waymar`s significant acreage and the initial Anza target.
No guarantees-yet a good base of circa 250,000 ounces to start from ,and a dream to hold that it will
grow proportionately to the amount of drilling.
At £17 Million total Market Cap,for everything - maybe a gift of a lifetime on a risk/reward of spread
those were my thoughts too,
half gramm per ton a light year away from brancote imho
to put together all the parts of extraction processing and refining must cost a mint ln capital costs never mind what the resource underneath it.
I suppose we just have to be patient|
|A very readable post from richgit.
I had a look over Teth's current projects and could see nothing exciting (just < 0.5g grade deposits). Director buying is the only thing that made me curious. But then again haven't OMI directors bought way north of today's price?|
I only mentioned Teth as I noted it has risen to a Market Cap of circa £8Million
yet whilst someone knows the story/potentials of the Company,it isn`t obvious
to most- including Myself so I just watch it for further announcements.
It is not my suggestion that it is thus overvalued as like most it may be undervalued as I do not yet know the story,yet whatever the story it is currently at an early exploration stage.
It simply makes OMI as a no debt Gold producer with all its known assets + Anza, considered to already have circa 250,000 ounces (which is most certainly NOT valued)...look glaringly undervalued by Comparison of "what is known to most " at £17Million !!?
Over the coming months I daresay more microcaps will pop up to £17Million value +
with far less obvious potentials than OMI.
That of course would be a great situation for the dreams of what ANZA "could" be valued at once the Market values the 250,000 ounces with hopefully more to come.
It could be a Brancote and nobody can say it cannot,so there will be some excitement to come when they start drilling.
All depending on where the value of Gold is going over the next couple of years of course,yet even a mere hindsight of a $1250 average will do very nicely for OMI overall.
Whether the Market will value OMI as a self financing explorer,or earnings stock,
or both will be another hindsight,yet one thing is for certain that virtually
no Micro-cap explorers that pop up to £17Million will be "self financing "
Go figure- as they say.
|What is the attraction of teth anyone|
|Agreed RG, I cannot see me selling my holding here anytime soon. Will look into your tip. Cheers.|
That stock is Tethyan Res LSE:TETH
I am just watching it as I have no story to tell about it,yet some
obviously seem to like the story.
My point being - that when there is a story here regards the Waymar assets
with a starter of circa 250,000 ounces then just maybe that story will add
some £millions to the Market Cap.|
|Gold price motoring nicely, waiting for OMI to catch up.|
|Up in Canada. And the gold price approaching $1,230.|