Orosur Mining Share Discussion Threads

[fangorn2] 21/1/2016 18:28

Why would they? It's a busted flush, they need to milk it for all its worth.

How many changes of management have we had in the last 5 years?

This company never makes any money for shareholders

[thecynical1] 21/1/2016 07:24

wow...they really could have raised the bar a bit on the terms of those options.....????

[breaktwister] 20/1/2016 12:21

This thread is cool.

[richgit] 19/1/2016 11:08

As World Trade collapses,we are travelling,like an express Train, from Unpayable
debt to now -unserviceable debt,and it`s hard to imagine something wont ignite
in the Derivatives Market.

As many point out- If Insurers go bust-then even winners do not get paid.

Whilst trading on charting & technicals has destroyed so many funds,as the Central Planners distorted the Charts, that game has certainly been a multi-month winner for JP Morgan & The Cabal in Paper Gold.
The success of the game plan for JP Morgan to bank its profits has been ensuring
their Manipulated Charts & technicals will have the Chartists telling all to go short or sell,as they have to suck in other shorts to bank their next profit.

That rinse and repeat game of Technical Traders has always been enforced by the well timed blatant shorts in just about every Gold stock on the Planet,which started with a vengeance around 2011,and by 2013 required the BIS to nuke the
Futures Market to keep it going.

I suspect that no charting or technicals will predict the at some point total
collapse of Paper Gold.

They have hidden behind the smoke & mirrors of manipulating around the pathetic
nonsense of a once a week COT report,and then removing the GOFO rates.

The Fraudulent Comex also leveraged up Margin,when Paper Gold rose too much !!
As they push beyond 300-1 leverage of Gold dust- just what is left ?!!

If the Multi-Millions of savers around the World ,getting destroyed by their Currencies or inflation have not taken some safety in Physical Gold then they must truly regret it.

Did the Canadians learn from their once considered foresight of the worth of
Precious Metals as the only true Money ?

The Fed may be able to hide the $Billions in impending losses in the Oil Game
yet they can only sweep so much under that bulging Carpet.

A succesful scud from the Yemeni`s aimed at the Saudi Pipelines may help,yet
I cannot do the overall maths of how the US would welcome that.

Quite obviously Oil will be the game to be in at some point,yet like Gold,it
wont attract the masses until it has firmly risen say 50% from whatever the lows.

For Myself I can only hope I have the funds to survive until Gold,Silver,Uranium, and Oil are the games in town.

Whilst ironically,almost treacherously, JP Morgan tell all to sell every
Market dead Cat Bounce,they will most certainly tell all when to Buy Silver
Uranium ,and no doubt Oil !!

IMHO

[richgit] 17/1/2016 18:07

Whist the US is in recession-the 50+ year olds should need no reminding about eventual inflation,or other influences, whilst 20% Overdraft rates and 15% mortgage rates seem a total impossibility to 40 year olds.


The sensible action would be to pay down as much debt as possible whilst interest rates are so low, and forego
£3 Cups of Coffee,MacDonalds,Pizzas,Krispy Cremes,Designer Clothes,and Holidays beyond the back Garden etc etc.


When UK unpayable debt truly hits the headlines, most certainly Government debt collectors & appointed Bailiffs will have powers akin to the Gestapo.

As the UK staple diet will have to match affordability,maybe Baked Beans is the
3rd Investment,whilst the other 2 will be Gold & $ilver.

Never mind,as We will always find a few £Billion more to go and kill more people
in our support of the US Psychopaths.

[jsbach123] 16/1/2016 18:49

As I have observed before, some shares are dogs.

[thecynical1] 15/1/2016 14:50

Smell getting worse here...jmo

[photon] 15/1/2016 13:50

I don't see anything materially different in the Q2 outcome from the update in Dec. The key is simply whether Mr Salazar continues to deliver the ongoing reduction in AISC that he has promised and has clearly initiated. If he does get it below $1000 then the current POG is of course fine. Curious reaction to the results.

[welshwiz] 15/1/2016 04:08

Making $5 per oz of gold at $1100
Wafer thin "profits",if there is indeed a profit and with gold under $1100 Omi are losing money.
The only salvation here would be for gold to rise quickly and sharply or for the drilling results to be exceptional.

[undergroundminor] 14/1/2016 13:37

The cash flow statement makes BigT's point very clearly, and shows that Evil got it wrong yesterday.
Cash generated from operations (yes AFTER adding back depreciation) was $1,358k. $3,521k spent on capitalised assets (of which $1,621k was essential on exploration).
Net outflow $2,154k.
Unless they find some really very high grade ore very soon, where is this going? And where will the funds come from re the necessary capital expenditure? More borrowings!
Evil, there isn't any money for dividends! If they told you there is, then they lied.... again.

[welshwiz] 14/1/2016 12:02

What does Cawky think of this pos now??
Bargepole for me...too many red flags

[bigtbigt] 14/1/2016 12:01

Big +1 to that thecynical1

But par for the course with this crew

[thecynical1] 14/1/2016 11:58

Funny the way the price ran up yesterday.......only to fall back...mmand now this RNS......stinks, if you ask me but hey
..

[taperkick] 14/1/2016 09:08

So that's Pantanillo handed back. If/when POG recovers then the 1m oz will be someone else's. No great update on Anillo other than the usual stuff.

No mention of exchange rate benefit again. Cash costs down 12.8% from same quarter last year and yet the peso/usd rate moved 20.4% in their favour from Nov14 to Nov15. Maybe it's me not understanding but i would have expected at least a 10% reduction just on the back of the exchange rate lift.

[taperkick] 12/1/2016 20:53

Peso exch rate continues to march in their favour but it surprises me that they never mention this cost assist in financial reports despite the 50% shift over two years, instead pointing to the cost savings from internal measures. Would be good to know how cost savings are split between internal measures and those they can't control (which happen to be working for them, oil price too).

[monkeyspanker2000] 12/1/2016 16:18

mangement are v good at cutting costs, i believe they will get well under $1000 down the line. i have taken a large position also in hope the gold price goes higher this year as this has neglible debt and a first rate team who have a lot of skin in this.
Plant is worth many times mk cap ;) ;)

[thecynical1] 12/1/2016 15:30

or do they just include the historical exploration cost that can theoretically be allocated to the exploration for the material that has been extracted in a given period. This is imo a slightly complicated point. Anybody out there care to clarify?

[thecynical1] 12/1/2016 15:25

underground miner - don't C3 costs include exploration/replenishment? As I understand it, they do. Correct me if I am wrong.