Orosur Mining Share Discussion Threads

[richgit] 17/3/2016 09:53

If a mere handful follow Munich Re,there wont be any Gold around.

Assuming those Holding -Paid for Physical- haven`t suffered 5 years of horrific Manipulation to let their Gold go for peanuts,as so many have been accumulating
the bargains that may yet be all the way beyond $9000 in time to come.

We can reasonably assume that China,Russia,India,Kazakhstan etc etc wont be
letting go of any, whilst we know Canada now has none,and wonder if Fort knox has any.



"Munich Re is one of the largest reinsurance companies in the world - It oversees €231 billion in investments. A small 3% allocation to gold would equate to buying gold worth €8.19 billion. At the current spot price of €1,130 per ounce that would equate to 7.2 million ounces or 225.4 tonnes of gold bullion "

[ileeman] 17/3/2016 09:32

still within the 1200-1280 range though

once it starts a clear new leg above 1280 then will see a big leap in gold stocks imo

1300+ looks to be coming within the next few days/weeks

[richgit] 17/3/2016 09:31

hazl.


Should PHYSICAL Gold be at least $3000 now !!?

Dracula and the awesome new High Speed Computers that manipulate everything controlled by PAPER.
Short Paper Gold to paper leverage beyond imagination,and to enforce the anti-Gold shell shock... short most Gold stocks around.

Gold related investors are in a 5 year shell shock of a co-ordinated manipulation far beyond the manipulative capabilities from circa 1998.




Back then, most Investors were unware of Gold rising from the pits of $250 until
it went beyond $400 and looking at a run to $600 (then all the way to $1900).

We only have to look at how JP Morgan now seems to control Aluminium,and they certainly control (and will hugely benefit)from their Silver Fraud.

Of course the US considered legality- is all manipulations are legal to protect
the $Dollar,as all illegal wars are legal to protect "The Only Special ones"
on the Planet.

It will take a while and a solid $1200 before more believe that paper Gold
has its limitations against Physical.

We are at least starting to see that the Fed simply cannot create a healthy economy from their Fantasy Computer Game.

Until the World is 100% Virtual reality,it takes real Economy builders and real
Workers yet there is nobody amongst the US Elite that has any interest in the
real World(bar their excessive self wealth interests).


The Clintons are paupers by Comparison to the un-named Trillionaires,yet look how many $Millions they have creamed off from all their scams.


The difference this time to 1998 onwards- is there are far more aware of the Frauds,Manipulations,illegal Wars and the Bodybag Dollar-Elite..








.

[hazl] 17/3/2016 08:49

OMI quiet considering GOLD'S incredible leap?! imo

[richgit] 16/3/2016 08:49

It seems Insanity is spreading in the US as they try to fine Iran $Billions
for 911 ??/!!!

Hungary doesn`t just close its borders,it Razor Wires them.

Let us pray somehow Mr Trump becomes the President as a sign that US Citizens
have had enough of the War crime elite and their bought and paid for Puppets like Clinton.

Meanwhile we wait for the Fed,that never gets anything right,whilst Greenspan says Gold is the only safe haven,and He always knew it.

[hazl] 12/3/2016 14:23

'Jim welcomes back Louise Yamada CMT, Managing Director of Louise Yamada Technical Research Advisors. Louise sees the current uptrend in the market as a bear market rally and notes that the major indexes are stalling at the declining 200-day moving average. She believes we need to make new highs to see an end to the bear market. Louise also points out that there are few places to hide around the globe, and she sees similar technical patterns in most markets. As to gold, Louise believes it is being propelled primarily by the fear of global negative interest rates. She also thought the move through $1200 was a break-out, and we could see a rally to $1400 over time. They also discussed interest rates and the dollar as well. Also, Ryan Puplava has this week’s Market Wrap-up, and David Morgan of The Morgan Report discusses the precious metals markets with Jim.'

from financial-sense

This woman often has the finger on the button,in my opinion and confirms what I have been thinking.

[ileeman] 12/3/2016 13:34

Also good to see EK buying up the stock doesnt just buy any old stock....huge gains longer term.

[hazl] 12/3/2016 12:00

Much of that correlates with my thoughts on gold and the FTSE.
Thanks interesting on OMI....have some already as you know.

[ileeman] 12/3/2016 10:51

Also note the break above 200MA and 50MA and the golden cross about to happen.

[ileeman] 12/3/2016 10:24

At the top of my head
-Low AISC and still reducing
-Low MCAP
-Production can easily be ramped up on gold strength
-Small debt and soon to be cleared
-Cash pile
-Chart looks gearing up for a major break of its trading range

I have yet to find a gold producer that has had its market cap beaten down as low as OMI which means when gold corrects the rewards will be greatest, also rare to find companies such as OMI with basically no debt and cash.

The low is in on gold imo so I dont see the risk at buying between 6-8p, all time lows at 5p. The only way we will see a lower share price is if gold does a complete u turn and breaks below $900-1000 which I am almost certain is not going to happen.

All the right signals are there that this is the start of the gold bull run and on top of that I have no faith in the main markets, I think currently we are in a dead cat bounce on the FTSE/DOW etc so when it does start turning sour gold is only going to go higher.

[hazl] 12/3/2016 10:09

What else attracts you here?
Or is it mainly the low AISC?

[ileeman] 12/3/2016 09:48

Yea most gold producers will do well to be fair but I just see the most upside compared to cap in OMI.

As with all gold companies you will not see the full effect of the increasing gold price until their Q4 results but obviously the market is foward thinking and will go up as gold goes up.

With any luck see AISC below $1000 next update which would be great.

[hazl] 11/3/2016 09:01

GOOD LUCK iLee I am hoping for that as well and getting a few small goldies.

[ileeman] 10/3/2016 17:47

Bought another batch today, been building a big position here currently got 300k

Gold going mental and soon to hit 1300-1400

OMI will rerate of lows

Holding to the end of 2016 for the gold bull run #multibagger

[richgit] 10/3/2016 13:20

Draghi delinquent,

sends out His Battle Ships,Cruisers,and Aircraft Carriers.

When they are all finally sunk.. it`s Pea shooters & Canoes.

[richgit] 09/3/2016 09:50

Whilst we all know that Fools No Gold Paper Gold can be technically overbought.

As we consider that offering $50 for the Whole of the US on E-bay,would require
a further $120Trillion for-current debts,crumbling infrastructure,War,and Pension liabilities..... all from just $20 Trillion GDP...
so who would bid $50 ?

It somewhat puts the $Dollar IOU promise to pay from massively negative assets into perspective of a probable 0 relative to todays $Dollar.

Of course physical Gold can arguably never be overbought until competing currency/money has any believable positive asset value that could compete.


We cannot even consider that between $1200 and $50,000 physical will be overbought if we have to face any percentage of Weimar Germany or indeed more
recently- Zimbabwe.


I suppose there does remain the possibility of an overnight revaluing of Gold
(as some suggest)to circa $10-$20,000 per ounce as suppport for the West`s assetless currencies.

Then the question would remain...Who in the West has truly got any !!???

On the basis that no doubt only forensic Audit of Gold holdings would be believable in that scenario ......... it wont happen,as for most-their Gold
has gone forever and paper IOU`s for leased Gold will only be worth assetless $Dollars.

I didn`t hope for or imagine the carnage We will be facing when Gold tells
all the truth,and just maybe real Confetti will be worth more pro-rata to currency confetti.

[ileeman] 07/3/2016 11:41

Big breakout coming once 8.25p breaks, should easily break with gold price going up.


free stock charts from uk.advfn.com

[richgit] 07/3/2016 09:56

Management made a very correct decision to not waste resources for the sake of it.

I look back to circa 1998-99 and then some time later how many wasted far too much of their life blood resources at $300, $400, $600 per Ounce.

Whilst many do not look so far ahead- it will be a question of whether OMI
can nurture its Resources for beyond $3000 per Ounce.

I hope OMI can squeeze some budget for the Waymar assets when they feel their cash build up is strong enough,and then we are back to the many arguments and discussion as to whether OMI will be valued as a producer,or self financing
exploration- or "both".

The valuation looks absolutely ridiculous and now awaits Management proving it
to a beaten down and highly sceptical audience.

My own view is to stick around to see if OMI can join the £100Million club in time.


I maintain that a selection of such stocks is the way forward(depending on each person`s relative Capital allocation).

Whilst I bought some Gold with the Royal Mint for vaulting and some Silver
for self vaulting.

I leave that account with my vaulted Gold ,and have since been using "Bullionvault" for Gold & Silver vaulting.

They make some assurances that Gold & Silver vaulted with them cannot be subject
to a Bailin as such,even in worst case scenario.

Also easy to deal,and I have recently sold all my Gold with them,swapping for
Silver purely on the idea that Silver could/should surge some huge relative %
at some point in time.

Then,at some point, I will be mainly back to Gold in the vaulting scenario.

I hope I get that right-yet there is a long long time ahead to make and change decisions as our Masters invent new ways to destroy the value of printable paper IOU`s...or even the crazy idea of pure digital enslavery.




IMHO

[ileeman] 05/3/2016 16:58

Just an observation - when gold started its rally at the beginning of the year a jump from $1060 to $1110 saw the share price in OMI go from 5.75p to 8.25p then we had a big dip when Barondaytrading sold all his shares (thanks btw picked up some cheap)....so it seems with gold now at $1200+ OMI is lagging hugely behind gold and due a large correction. Multibagger in the making with gold bull run starting.

Current mcap of around £6mil what do you guys think a realistic valuaiton is for OMI with spot gold around $1300 and AISC below $1000?

[richgit] 05/3/2016 13:06

The largest number of contracts in Fools Gold for years at circa 300,000 +

JP Morgan creating endless short contracts to save some shorts from meeting
the grim reaper.

Canadian Silver producers should ask why Scotiabank entered the Silver Fraud
around 2012 as Gofer for JP Morgan,who in turn have illegally skimmed off
Millions of ounces of Silver to their own account.

I tend to suspect that the Dutch Gold has now disappeared into this final countdown of Physical versus worthless Paper.

Take down Scotiabank and it`s game over in the Silver Fraud.

[ileeman] 04/3/2016 12:40

more buys on isdx

strange that market makers put most buys on isdx exchange

[ileeman] 04/3/2016 10:49

@retirementfund

yea exactly, the herd will come but they will just come later to the party.

good to get in when it is quiet.