Orosur Mining Share Discussion Threads

[rhuvaal2] 04/4/2015 19:06

Confess I added recently @ 9p, but elsewhere there are gold stocks @ well below a penny..... with financiers getting millions of warrants (one being EUA richgit) another in Turkey where things could be explosive, and soon.

[rhuvaal2] 04/4/2015 09:37

I am invested in an income stock = 300% up past 4 years = 9% income and inc' growth (in step) to boot. It can be done and better than property too..
OMI I invested from 7.6p up to 16.3p

edit: you could have shorted the lot and, being very clever, I expect you did!

[rhuvaal2] 03/4/2015 21:01

Is Bill Rogers the American whiz market commentator ? I say that because my screen went dead when news flashed two days ago

"Dollar is finished = buy gold" but the article had vanished........ .

edit: A'gloop, with your wisdom you should be employed as Chair of the Fed or similar, but then others may not agree with your views. As already explained: you do not invest anywhere.

[richgit] 03/4/2015 19:38

Elban

I hope I am still around when the Gold price is finally allowed to start heading
to the levels currently unimaginable,as per 250-1900 so 1200-?

We saw some over valuations circa 2011 yet the overvaluations that could eventually be on the horizons could make the Dot-Com era look tame.

OMI never reached over valuation at circa 90p relative to the then Gold price
as the Market had only just about stopped struggling with whether to view it as
an earnings stock or a self financing exploration stock.

Had the Gold price held then OMI were finally at a point where the Capital
expenditure was finalising and they would have been solidly heading for 75000
ounces + with fairly indecent returns.

In such event OMI would have been valued for earnings and its potentials
for exploration (Pantanillo etc)and marched far beyond 90p relative to Market
Cap.

Solgold reached an absurd £100 Million by comparison and we were nowhere
near a Gold frenzy period.


However that chapter rudely ended as Gold declined,and then the most blatant
to all smash in 2013 with 100-1 naked short in Paper Gold by only 1 entity
that could possibly do a smash of such magnitude.

The Chapter ended, yet the story of a potential 40 year Gold supercycle has only been delayed by writers cramp.

Whether the then OMI Management had the right ideas of how they would utilise
those indecent returns is a now a pointless discussion, and of course as
the stock would have marched beyond 90p there would have been few complaining.

The beauty is that Managements of all Gold Mining stocks will be in tune
with their Investors who at some point down the line will once again tell/demand
that Management throw all caution to the wind and make them even richer.

Hopefully if I am around at that point, I will be happily selling

[augustusgloop] 03/4/2015 18:46

But why do you like companies that hold assets - but never use those assets to pay anything to shareholders.

These AIM miners seem to have one of two business models:

(1) find a rich unexplored asset - spend about £20m proving it up - then sell to a major for about £5m

or

(2) continually deplete the asset by mining - pay everyone for their effort except shareholders.

Neither of these models provides a good reason for PIs to invest.

Yes you can make some money if you time your buys and sells right.

But look at them in the whole - over a 8 year period, shareholders always lose.

[augustusgloop] 03/4/2015 17:20

richgit,

Holding a share at 1p just because you paid 3p is nonsensical when the likely outcome is that it will fall further.

[richgit] 03/4/2015 17:09

I posted the below on another stock.

It isn't investment advice,just an observation,yet when applying the same
observation to OMI that has what I believe the World will be clamouring for,in time,the relevance could be beyond current imagination.

.............................................

An observation is- no UK investor in MIO`s History can afford to sell at 1p,
considering those taking placing shares at 3-5p,yet with yesterday being the last day for some to book losses against CGT this may be the last of any willing sellers at such a price.

Certainly a huge disparity of valuation for real assets when some in the US
Dot Com Manipulated Markets,that may yet prove to be worthless,are valued at $1Billion.

Maybe when the over valued manipulated Gravy Train derails things will change,
yet History shows the derailment of such fraud and manipulation is a certainty,
though timing is never an exact science

There is a choice of buying glaring overvalues and hoping that can continue,
or buying some of the most battered Resource stocks in History and hoping they
survive until others agree.


Hard choices as- Australia considers taxing bank deposits,others offer negative
interest rates- and all offer the truth of -no bailouts - but the blueprint
of bailins.

There are certainly many in Cyprus that now wish they had put their money
into stocks and would at least know why they lost any money as opposed to it simply being stolen from their account.

[richgit] 03/4/2015 16:23

US non-farm payrolls for March undershoot at 126k




We are so used to the Fed manipulating everything,

A)are they succumbing to pressure to improve exports by weakening the $Dollar

b)Is the game plan to try and make the next quarters look like a recovery

c)Or are the numbers now simply beyond manipulating.


I wonder when they will print the $3.6 Trillion to fix the ever crumbling
Bridges,Roads,Sewers,Electricity grid etc.

Waiting for the potentials of losing control of inflation,at some point,
could be an even greater cost.

[richgit] 02/4/2015 08:55

Cos: like OMI just have to trundle along,and in my World just sell sufficient Gold to cover what they need to,and have plenty left in reserve to unleash in the years that Gold starts its move in terms of Buzzlightyear !?



There are observations that the Misinformation Gangster Banks do not refer to
which of course is what they did as Gold was finally breaking from its $250 ounce absurdity and up to $1900.

Gold will continue into its "supercycle"

2015 is considered Peak Gold whilst deficits could be more than 1000 tonnes.

Whilst many could question the inability (unlike Opec)for the Majors to play
these Gangsters at their own game, it could be argued the game is going to played by force.

The singular benefactor of manipulated Gold,Oil etc is China whilst the West
pawn their whole future,and the US allows its infrastructure to crumble further-which alone needs another $3.6 trillion of debt backed money printing.

The Gold Majors have typically gone into "mine everything mode" they can into manipulated prices,yet that uses up their high grade reserves which leaves them
with a huge problem, and the idea of "giving away" the remnants of their life support reserves simply wont hold water as there is "nothing" in their pipelines due to all the exploration budget cuts.

With Gold production and Gold availability looking down the barrel of
so much depletion by 2020 the Majors will go into panic mode around 2016 as they
either do more consolidations or start bidding for some of those Juniors that
have 5+Million ounces and not yet in production,or getting closer to production.

I think China are now in the final laps of a race to get whatever Gold they can before they tell the World just how much Gold they have secreted to support their main game plan- and then everyone clamours for Gold backing in realisation of the enormity of what is being planned,as Gold production falls
off a cliff.

As the US,regardless of what we believe they hide and disguise,are officially
stating (at least) that the tonnages held by them have dropped below 6000 tonnes
due to Gold repatriations.

If production declines severely and any percentage of those that don't hold Gold
decide to do so,there would be an immense brawl to buy whatever Gold is available.

Regardless of what JP Morgan et al can conjour up in 100-1 leveraged
No Gold - paper shorts and fraud etc, they cannot print Physical Gold and neither will their slavish looked upon Vampire blood Banks risk the blood letting of Paper Gold merely being arbitraged like a slaughterhouse to Physical Gold dictation that will inevitably take place.


JP Morgan will protect their positions, as the Gangsters of this planet,yet others will not.


Next up- Could be which German Banks take the prize for blood letting if
the Greeks sever some arteries, which is the biggest game of Poker in town, yet
do the Greeks know they hold the aces in bluff ?

400 Billion against a leveraged 3.5 Trillion-that is some Ace.

IMHO

[augustusgloop] 01/4/2015 22:25

richgit,

that's got nothing to do with gold.

They would have done equally well by buying a piano or tins of beans

[richgit] 01/4/2015 21:08

by Michael J. Kosares

The German citizen/investor who put away a few rolls of 20 mark gold coins (.2304 tr ozs. in 1918 would have done so at 119 marks per ounce.

By early 1920 the previous rapid inflation had suddenly given way to deflation. Had that gold owner decided to cash in on gold's significant gains thinking runaway inflation was over, a 100,000 mark investment would have made him or her a notes millionaire.

The glow, however, would have quickly worn off. By late 1921 the runaway inflation had resurfaced but now with a vengeance. Gold shot to 4,000 marks per ounce. By mid-1922 gold reached 10,000 marks per ounce and the wholesale price index went from 13 to 70.
By late 1922, the roof caved in. Gold traded at 134,000 marks per ounce.

In January, 1923, it cracked 1,000,000 marks per ounce. By midyear, it broke the 100 million marks per ounce barrier and at the peak of the hyperinflationary breakdown, it sold for over 100 billion marks per ounce.

The individual who thought he or she had the cat by the tail and cashed-in his or her golden chips during the 1920's deflation became a millionaire. In short order though, that millionaire became a pauper as wave after wave of hyperinflation washed over the German economy. One moral from this somewhat frightening tale is that becoming a millionaire or even a billionaire on one's gold holdings was inconsequential. Another is not to give up one's hedge until there is ample evidence that it is no longer needed. Momentary nominal profits can be illusory.

[rhuvaal2] 01/4/2015 12:41

Also =

The world order is shifting.
Historians may well look back at 2015 as providing some significant punctuation marks in this global rebalance.
America has received a bloody nose.
At midnight, Beijing time, on Tuesday, China announced that no less than 46 countries had applied to be founder members of China's rival to the World Bank, the Asian Infrastructure Investment Bank (AIIB).

[rhuvaal2] 31/3/2015 14:44

Today =

Nouy warned of "a particularly high level of exposure to the corporate segment, in which non-performing exposures are steadily increasing", and said the ECB was monitoring crisis-hit countries as they were "more prone to corporate defaults".

[richgit] 28/3/2015 19:23

Elban


Who is talking about the Twin Towers ?

I watched the live streaming,and the 3rd tower was still fully upright
as they were reporting its full collapse, so something seems amiss.

You will note-they are NOT "my facts"

My facts would be that the US is bankrupt and thus the $Dollar has little
asset value as they pump up the debt ceiling again which will not last
long until the next arguments of pumping it up.

As their consumer economy heads from 70% to 75% the only obvious things the US could improve exports with are
a)declining $Dollar
b)Their hope that their Western puppets will buy more death weapons.

We are now in a period where bad news is no longer good news,so let us
see how those so in debt Consumers - can keep consuming



PS

He actually won His case if you understand the law.....

In light of the evidence the judge took into consideration, Rooke was given an unconditional discharge, which in British legal parlance means he “was convicted but he does not suffer the consequences of a conviction, and the conviction will be erased if he is not brought before the court for six months”. He was not required to pay the fee and non-payment fine either—only court costs of £200

[augustusgloop] 28/3/2015 16:58

richgit get your facts right.

The guy is a nutter.

The Judge didn't rule in his favour - he was made to pay and with £200 court costs.

As for the false reporting of the towers falling -- the pictures were streamed live.
And at least a million people had access to direct line of sight views of the twin towers.

[richgit] 28/3/2015 16:24

The BBC can see into the future...............





"Tony Rooke, in an act of civil disobedience, refused to pay the mandatory £130 TV license fee claiming it violates Section 15 of the Terrorism Act.

Rooke’s accusation was aimed at the BBC who reported the collapse of World Trade Tower7 - over 20 minutes - before it actually fell, and the judge accepted Rooke’s argument.

While it was not a public inquiry into 9/11, the recognition of the BBC’s actions on September 11th are considered a small victory, one that was never reported in the U.S.

“Today was an historic day for the 9/11 truth movement,” Peter Drew of AE911Truth UK told Digital Journal, “with over 100 members of the public attending, including numerous journalists from around the U.K. as well as from across other parts of Europe"

[richgit] 28/3/2015 14:19

There are 1 of 2 things that could happen this year

A) The US do not increase interest rates because their Economy is bust

B) The US increase interest rates because their Economy is bust.

Either choice -the result is the same.

[richgit] 28/3/2015 14:19

There are 1 of 2 things that could happen this year

A) The US do not increase interest rates because their Economy is bust

B) The US increase interest rates because their Economy is bust.

Either choice -the result is the same.