Orosur Mining Share Discussion Threads

[ileeman] 01/3/2016 14:12

I think give or take a few days or perhaps even a few weeks at worst over the next couple months we will see $1300-$1400 and then soon after $1500+.

Given that OMI has a £6.4mil cap and has cash and small reducing debt, it puts it as the cheapest gold producer out there so when the herd does clock onto gold this will multibag imo

[hazl] 01/3/2016 13:50

good for you noticed that trade 8-)

Am also wondering whether to add to gold shares or wait till US meeting out the way tomorrow.
Like OVG PGD as well.

imo

[ileeman] 01/3/2016 12:24

I picked up another 125k shares here, showing on isdx

Think we will see susbtantially higher gold prices soon. Building a large position here I want a multibagger :P

[hazl] 01/3/2016 12:15

It's odd richgit because I always thought that Bill Clinton was ok.You couldn't get more different people.

IMO

[hazl] 01/3/2016 08:52

Ha ha bigT looks like you're right as well!

up we go by the looks of it...

[bigtbigt] 29/2/2016 19:56

its been explained to you many times by now :-)

[hazl] 28/2/2016 20:10

wonder what gives this week?

[hazl] 24/2/2016 13:33

Thanks richgit for your view....silver holdings in GPM; FRES amongst them.

imo

[richgit] 24/2/2016 13:23

Hazl.

Gold has to stay in a $1200 range for quite some time before more people believe in it,with the Microcap stocks.

It will be quite some time before anyone is prepared to put short term traders into profit (barring defining news in individual Gold stocks).

It will be when longer termers decide to buy and pay for more stock,yet there is no hurry, for if OMI can leverage into what should be a gradually rising Gold price for years to come,(from some point)then the bargain will be far far higher than 7p and its Microcap.

Personally I most certainly hope to witness sound reason to invest more in OMI far beyond 20p.

The % of Joe Bloggs looking at Gold is miniscule,so imagine what could happen
when that becomes Miniscule+.

Japan- warnings of eventual potential Hyperinflation,so just think about
Weimar & Zimbabwe as Gold soars against so many currencies and The Joe Bloggs
living with those currencies.

I sold all my Physical Gold yesterday purely on the percentage risk reward that Silver "could" rise dramatically in % at some point,and when JP Morgan wants to realise its immense profits from their off market Silver Mountain- ---then !!?


Eventually I will be all in Gold again.

I may regret that,yet it was just a decision for the time being.


IMHO

[hazl] 24/2/2016 08:53

just a reminder,the costs per ounce and AISC were greatly improved last Jan rns....

Operating cash costs of US$858/oz, representing a significant

improvement over Q2 FY15 (US$984/oz), and also over Q1 FY16

(US$954/oz).


-- AISC of US$1,095/oz, representing a significant improvement compared

with Q2 FY15 (US$1,258/oz), and also with Q1 FY16 (US$1,166/oz).

imo

[hazl] 23/2/2016 15:07

ha ha just as the gold price gets going we drop.....

[hazl] 23/2/2016 08:29

don't forget we trade on isdx.com as well worth keeping an eye on

[hazl] 23/2/2016 08:00

gold looking healthier this morning......8-)

imo

[richgit] 22/2/2016 12:59

Whilst they still play the Paper Gold game,the argument is (for all the margined players ),that Paper Gold is technicaly overbought,so open the floodgates and manipulation during the times all are asleep.



Needless to argue that Physical Gold is massively - underbought- and yet the
Comex/LBMA struggle in such an underbought situation.

Whilst we know who is buying and pumping the Markets,the "buy Oil" is still
the seesaw.


We start to wonder just who can store any more Oil as Oil Tankers take the longest routes hoping for a sale somewhere.

[hazl] 21/2/2016 14:11

the broker forecasts....strong buy scroll down on right seem positive imo

[richgit] 20/2/2016 16:18

There is a simple message to Management............

That is to consider the ABX.

Considering how some were recently stiffed circa 6% on Silver,it would be reckless not to at least consider it.

Anyone that has spent their life in their own Business will understand
the obvious message we are getting,that the Comex/LBMA fraud has been totally reliant on its reliance of sufficient liquidity to keep it going,and that liquidity is tightening.

No wonder the Fraudsters stopped publicly publishing GOFO rates

As we are told,that the LBMA admits the Physical Markets are broken,then
any further declining liquidity is their nightmare.

Assuming the ABX becomes a success,then adding declining Gold coming to
Market and more heading to the ABX - the Comex/LBMA will have their nightmare
of the Black Holes and quicksand.


In terms of who has been right and who has been wrong,we only need to look a
the time it took for the Dot Com era to collapse,and the burgeoning sub prime collapse to destroy all the Gordon Morons when it popped.

We can be right,yet look wrong for far longer than any logic,and similarly
be wrong,yet look right far longer than logic.

[hazl] 20/2/2016 12:41

pixi it is not just as simplistic as that....whilst I would agree that is the usual perceived correlation....there seems to be talk of some 'decoupling' or moves not purely related to the dollar.
I wouldn't know but there seems to be a move away from the usual patterns these days.
IMO

[pixi] 20/2/2016 12:04

The pog is controlled by the American dollar. When the dollar is strong gold is down and vice versa. At the moment the dollar is down.

[hazl] 19/2/2016 21:03

'Shaky Equity Markets To Support Gold Next Week Say Analysts

Friday February 19, 2016 15:35

(Kitco News) - Despite gold’s impressive four-week rally coming to end this week, analysts still see volatile equity markets supporting the metal’s prices.

Friday, April Comex gold futures settled the session at $1,230.80 an ounce, down only 0.44% on the week . Silver also saw an end to its four-week rally as March Comex silver futures ended Friday’s session at $15.373 an ounce, down more than 25 on the week.

Investor and analysts appear to be shrugging off gold’s slightly negative performance on the week as positive sentiment remains fairly high, according to the latest Kitco News Wall Street vs. Main Street Gold Survey results.

This week, 1,036 people voted in Kitco’s online survey, of which 739 participants, or 71%, said they are bullish on gold next week. This is the first time the survey has seen less than 80% bullish voters in four weeks. At the same time, 197 people, or 19%, said they are bearish on gold next week, and 100 people, or 10%, are neutral.

A majority of market analysts also expect gold prices to move higher in the near term.'

from kitco.com

[hazl] 19/2/2016 20:49

does sound a bit mean kiwi......8-) are you calling me ignorant??

rhuvaal keep posting