Orosur Mining Share Discussion Threads

[edmundshaw] 19/11/2014 09:48

Wow. This really isn't the OMI thread is it? Striking news today but still talking endlessly about anything but OMI...

I mean, a 92% carry for Anillo and still retaining 60%? Come on guys.

Can anyone point me to the real thread for this stock? Cheers.

[richgit] 19/11/2014 09:23

I heard something similar on the Radio.

The so simplistic advice to all us moorons.

Cut back 2 cups of £3 Coffee, at the Coffee shop per week,and you will have £300
put away for next Xmas.

Then:-

Reduce food intake and expense by 50% and you will have the money for next years Holiday,plus you will look unbelievably slim.

Default on 2 months Mortgage payments and you will have your Council Tax Money

Switch the heating off over Winter and you will have the Petrol Money for
next Summer`s Car outings.

Switch the lighting off and you will have the Car Tax Money.

Who needs Baths,Showers,or flushing toilets- stop using water and save that
Xmas aftershave for when things get a little too smelly.


And for the year after..........................!!?

[richgit] 19/11/2014 08:35

This is great news,and Management are lining up the Ducks,whilst we wait for
the currency Wars to play out.

I wonder if in their pro-active plans whether they would contemplate bringing
in any such Partner for Pantanillo,where in normal Market times (lol) there is sufficient Gold to singularly take care of far beyond the whole Market Cap.

Our new team actually think OMI could be potentially sat on several Arenals in our unexplored acreage,so they could create the dreams right on the doorstep.

Next year Waymar is on the menu,which (fingers crossed)could add to already
early impressive signs, as the Market may then be looking at
Continental Gold`s potentials.

This circa £10 Million Market Cap is certainly lining up potentials to blow
this Capitulative valuation out of the window.

Let`s see what a Japan gambling on debt default,and a US running out of options
to produce an airbrushed improving economy leads to.

We already know that is Currency trashing beyond belief,and maybe more to come
whilst the US also loses more $Petrodollar enforcement

Euroland !? Hopeless is the summary.

The West certainly needs the East and the BRICS and maybe it will sink in,whilst our collective Masters so desperately try to engineer our "inflation"


As a smoker I witness first the shrinkflation of 19 Cigarettes for the price of 20
and now a price increase which makes the overall increase substantial.

Anyone know a decent Tobacco smuggling Baron ?


I imagine we should all weigh the Turkey and look for lead Giblets with Paxo stuffing boxes increasing in size-yet less content,so we pay more for Cardboard.

Gordon`s poverty by stealth is back.

[richgit] 18/11/2014 08:36

I guess whoever grabs the last 500,000 (so to speak)in loose shares in many battered Gold stocks may hold the final bargain for years-yet whoever gets the timing so perfect will either be a genius,insider,lucky, or just couldn't care less about any downside left in comparison to the upside.

The Fed is now possibly caught in its own created web hi-jacked by the Spider
from Hell (The Black deflation Spider)that will devour all, and the West`s biggest nightmare.

Manipulating everything with Computers and paper contracts and at the same time
carrying out Commodity Wars to hurt Russia is certainly a giant web and potential whirlpool of destruction that the Fed has experimented with,and possibly gone too far - with the result they didn't expect.

Consenus of forecasters are telling the Fed that deflation could be extended
through to 2016-2017 so they can forget trying to kid the Markets with
interest rate increases.

What will the Fed do,as Japan seems to be at the Casino literally- playing for inflation or total default ?

I guess We are ok for Xmas,yet after that this terrifying, for them ,problem
has to have some answers.

[bigtbigt] 17/11/2014 13:09

It is not a matter of opinion...

Money supply has continued to rise significantly, due to all the QE:

[bushtuckaman] 17/11/2014 09:43

Elban, have you come up with any evidence for the statement you made yet?


augustusgloop
10 Nov'14 - 19:57 - 13440 of 13461 0 0

What he doesn't say is that there are now LESS dollars in the World than there were before QE started.

[richgit] 14/11/2014 10:44

We can see why China said in 2013 that it would not be adding any more
trashed currency to its reserves which were then apparently the equivalent of $3.8 Trillion.

On the basis that Stockman is correct and the certain logic He puts forward,We are going to see Paper currency printing beyond belief in equilibrium to all
comparable bottoms because of Japan.

The $ Dollar would no doubt rise and the 30% exports could wither away to nothing, and then no doubt the US joins in the further currency trashing
So who will be brave enough to hold $Dollars even assuming the $Dollar rises, when no doubt at any point they will have to intervene and trash it ?

Where will it all end ?


It reminds me of the High street electrical goods Wars many years ago,when most
retailers thought the only reason they were down in sales was because someone was cheaper and stealing their Business ,so they drove each other to the brink of bust in slashing prices until the busts started.

The same is now being witnessed with the Supermarket Wars,yet up next is the
whole World via currency devaluation.
Supermarkets will put more pressure on suppliers and with the very thin margins all around there will be near busts and consolidations

We should all consider drinking cheaper Tap Water ,and take a flask of Home Made priced Coffee to work for starters,whilst many turn to the Tobacco Barons.


The UK would tell us that People have stopped smoking judging by their coffers,
( not coughers )yet they have truly created the Barons of Tobacco smuggling,as their figures grossly misjudge - a little like what was happening with Gold in India and the Gold imports China hides from all in the Media.

When the Media cannot see the Gold movements -they say it isn't being bought !!


We now wait to see how arguably the most intelligent leader and game player around plays any aces this Winter whilst the US (amongst obvious things)has to sort out its created Monster ISIS that seems to be competing for the Oil the US thought was firmly stolen and in the $Petrodollar net.


Will He put a final nail in the $Petrodollar coffin ?

[rhuvaal2] 13/11/2014 14:59

China signs currency swap deal with Qatar in the heart of the petro-dollar system....

[richgit] 12/11/2014 19:47

rhuvaal2

We hope not-yet they will do their damnedest to drag out the pain

The noise levels tell us there is real fear, and of course not even the BIS
has any clue about what is the true Physical demand as that is now so opaque, that London could get caught in any unforeseen surprise.

Meanwhile the UK hands out fines to the Gangsters for Gold/Forex/manipulations
etc which We will just be handing over to Brussels.
No doubt more Champagne & Oysters when they next discuss how much to ring fence to cover their Inflation proof pensions for all involved with Bankrupting the rest of us.

The inept,crooked,and simply Kinnocks are the only winners,in fact I have a new
word for the Oxford Dictionary..... Kinnock ..(s) (ed) (ised)

You can guess the definition,and 99% of those in top positions in Brussels
are "Kinnocks" or have become - Kinnockised



UBS laugh at the pathetic fines.......................

Shares in UBS AG--the only other European bank involved--rose 0.3% at the open and later extended their rise, with analysts saying that the settlement was less harsh than what the Swiss lender had prepared for.

[rhuvaal2] 12/11/2014 17:18

Rhotoid
Indeed and a game changer should the result be positive: corrupt authorities and bankers wont get away with this huge and artificial mark-down of the pog = for much longer...

[rhotoid] 12/11/2014 15:23

..or maybe the market has just read the polling on the Swiss compulsory gold purchase vote - 5% lead for the yes (although alot of don't knows so could swing the other way), would imagine would be heck of an event for the gold market if it passed.

[rhotoid] 12/11/2014 15:18

mrwhits1 - perhaps something positive was said at the agm?

[mrwhits1] 12/11/2014 14:22

oh my, OMI up nearly 9% on no news! that cant be right now....

[rivaldo] 12/11/2014 09:04

Comment from Cantor FYI:

"Cantor Fitzgerald has retained its "buy" rating and 32p target price for natural resources outfit Orosur Mining (OMI). This is despite the falling market price for gold as the broker's valuation of Orosur remains below its peer group. The firm continues to explore its Uruguayan base in a bid to add to reserves and extend the flagship San Gregorio mine's operational life. Orosur has outperformed the AIM mining index by 37% over the year to date and today the shares rose by 0.5p to 10.875p."

[bushtuckaman] 11/11/2014 23:13

Elban thanks, but I wasn't asking you to explain the statement you made. I understood the argument you were making. I'm asking can you back it up with EVIDENCE?

[fangorn2] 11/11/2014 20:29

"Hence the total indebtedness of the USA reduced."

Really?

The total indebtedness of the US Government looks to have worsened each and every year since the 1970's...

Personal debt of Americans is rising at an astonishing rate...

"Americans Are Taking on Debt at Scary High Rates"

This only in Feb 2014

Overall debt levels rose at the fastest rates seen since 2007, according to a new study by the Federal Reserve of New York. $11.52 trillion, overall consumer debt is higher than it has been since 2011. And more unsettling, debt is rising at rapid levels. Americans’ debt—that includes mortgages, auto loans, student loans and credit card debt—increased by 2.1%, or $241 billion in the last three months of 2013, the greatest margin of increase since the third quarter of 2007, shortly before the U.S. spiraled into recession.




So US Government debt is soaring,and has done since 2007...to $16 trillion odd
& US Consumer debt is soaring,and has done so since 2007.....to $11.52 trillion


Where's all the "But the combined debts of mortgages, personal loans and business loans declined by more." coming from then??

[augustusgloop] 11/11/2014 20:17

bushtuckaman,

The USA like everyone else has a fractional banking system.

Because of QE, US Govt debt increased substantially.
But the combined debts of mortgages, personal loans and business loans declined by more.
Hence the total indebtedness of the USA reduced.

So more fiat dollars were destroyed by the banks (bad debts and less loans) than were created by money printing QE.

[bigtbigt] 11/11/2014 20:07

Money supply growth briefly went negative, but has mainly been positive since the economic collapse of 2008 - so there are now more dollars around.

It has to be so and continue to be so, or we will have a completely devastating economic slowdown. That is the nature of the fiat money system.

[bushtuckaman] 11/11/2014 12:41

'augustusgloop 10 Nov'14 - 19:57 - 13440 of 13445 0 0

What he doesn't say is that there are now LESS dollars in the World than there were before QE started.'




Can you back this statement up plz Elban?

[rhuvaal2] 11/11/2014 11:03

John Embry On The Ongoing War In The Gold & Silver Markets
November 10, 2014

Embry: “I am focused on the short-term price action in the gold and silver markets, most particularly this morning. I think the most predictable event going into this week was that the central bank driven anti-gold cartel was going to make sure that there was no follow through on the notable strength that gold and silver demonstrated on Friday....

“The fact that both are extremely oversold and ridiculously undervalued doesn’t enter into the equation when these guys go to work. Physical gold and silver, which represent the only real money out there with no counterparty risk, are now such a threat to our rapidly crumbling global fiat currency system that the central banks are going to ever greater lengths to hoodwink the public and keep them away from the two assets.

This is because of the simple reason that these are the only two assets that are going to offer protection when this whole massive Ponzi scheme in currencies, debt instruments, and other financial assets implodes. But I think people have got to understand what’s going on here and realize how inexpensive gold and silver are. Instead of people selling their gold and silver they should be buying it hand-over-fist and getting out of these overpriced bonds, stocks, etc..

Over the weekend John Hussman said he believes the stock market is overvalued by at least 50 percent. I have an enormous respect for Hussman’s work and he is basically saying the stock market would have to fall in half in order to represent real long-term value. To me this is part of the massive mispricing in virtually all financial assets. But if the stock market is overpriced, the bond market is preposterously overpriced.

At the same time, real assets such as gold, silver, and oil, have been driven down to levels that are preposterously low. And the price action is driving a lot of people out of the markets and making them do the wrong thing. This situation is incredibly dangerous in terms of the long-term health of our financial system and people have to understand what’s going on and hold on to their positions in physical gold and silver.”