Orosur Mining Share Discussion Threads

[richgit] 15/7/2016 16:06

I am sure we are all happy that they continue to keep the Markets up,albeit
with endless nonsense illusions and total Manipulation.

We just must not lose foresight of the fact this is all now like metal suffering incurable rust,just getting another coat of nice paint as camouflage
to what lies beneath.

The simpicity of of it all is,if anything was fixed the Central Planners wouldn`t have to frantically continually interfere.


Maybe more Investors will start to understand that so many Gold related stocks have been so battered that $1200 Gold isn`t that bad a place to be and that a steady $1200 does not mean more unjustified stock battering.

I hope Management here focus on the story to Investors based on $1200 Gold
not being a Catastrophe,and then Investors can take on board what Gold beyond
$1200 can progressively achieve.

When that now near final lick of paint wears off,that incurable rust rears its very ugly truth.

We may be able to enjoy the Euphoria(if it is coming) yet be prepared when the Music falters and the Paint starts peeling

IMHO

[abc125] 15/7/2016 10:54

Omi could be a sleeper hit over the next few years as waymar is proved up and now that they've got operational efficiency in Uruguay. I have to admit though, I was sceptical when Salazar took over the role of ceo and cfo but, without a doubt he has done a splendid job.

[richgit] 15/7/2016 10:22

O/T

Just had another look at Avocet,as I haven`t looked for quite some time.

I note they had a share placing at circa 7p in August 2014,which is nature of the beast as so many Including OMI fell circa 90% especially as the massive manipulation into paper Gold took place early 2013 put the nail in the coffins.

I assume there was some form of consolidation since then

To put the sell offs and worst sentiment in History into context-many stocks fell 98% !!! so if any are still in reasonable shape you can see the possible
upsides if Gold does what it should.



I have put AVM back on the watch list-yet have my picks for now.

[hazl] 15/7/2016 09:52

I find this site useful by way of contribution.
Not to used in isolation of course.

longforecast.com

[myreaction] 15/7/2016 09:29

Thanks for the advice.

[gaaston] 15/7/2016 09:28

Indeed, quality of this BB has greatly improved from a couple of years ago when
there was dire infighting.

[gaaston] 15/7/2016 09:28

Indeed, quality of this BB has greatly improved from a couple of years ago when
there was dire infighting.

[hazl] 15/7/2016 09:14

great posts as ever

[richgit] 15/7/2016 08:27

HG.

Indeed,

At this ludicrous Market Cap,taking the Market to focus on a self financing developer of what "could" be a very exciting prospect turns everything on its head.

Whilst we then focus on the "potentials" of something that could be worth many multiples of OMI`s current Market Cap the -snowball rolling down the mountain- could be the result in the share price over the coming years.

For Myself- there is no rush as I view this as a "hoped" multi year investment
and am just looking for Management to show they are in careful full Control of the potential journey........ step by step..

The Gold story should continue for some years as the Central Planners go from
one disaster to another with Major currencies marching to their 0 real values.

Whilst I often refer to Brancote,this valuation also reminds me of the days I was buying Avocet mining at a first average of circa 13p many years ago, as Management also piled in for the death knell circa 6p when the last holder
gave up and dumped their pile.

It took some time yet as I could view an eventual £1 on progressions,the days eventually arrived when you could easily shift £500,000 at £1+.
I missed the eventual £2 and then also the carnage of some of their hedges that cost them multi-Millions in potential life blood cash when things started going pear shaped there.

OMI are are arguably in decent health and at the new beginning of what will be
a volatile,yet surely progressive march upwards of the Gold price.

Let`s see what Management have to say- to all- and then We can discuss it properly.

[highly geared] 14/7/2016 21:29

Omi strategy:

For me they should use the next 12 months to channel rising profits into a drilling programme for the Waymar assets that shapes a potentially large JORC deposit with high/bonanza grades whilst looking to increase San Gregorio output back to 50k /oz whilst drilling up more reserves.

This will offer a very attractive proposition into a increasing gold price_ profit leverage of increasing steady state production , no debt and huge blue sky prospects of Waymar.

[tom111] 14/7/2016 19:56

As HAZL says look to the gold price,gold dropped today and the share price followed.However lots of things are happening in Europe look no further that the Italian banks and also German banks for clues.Also we have the election in the US and the Dow Jones index going crazy even as lower earnings are coming in.The Dow is a bubble imo,all good for gold soon.

[richgit] 14/7/2016 14:53

You have to wonder if the paper Gold Margin jockeys were sucked into a Trap.

How on earth could the so called Market guessers come up with that 83% odds for a rate cut ?

Certainly looks as if Dracula knew the rate results beforehand.

Bank of England/Gold shortages/LBMA/HSBC+GLD/Comex Fraudsters ? what a mix of Gangsterism.

However-This is a multi year game whilst the World`s Financials are in total disarray and not getting better.

[gaaston] 14/7/2016 10:14

And they're wondering what to do with the accumulating cash, expand the business, pay dividends: the company is doing well

[hazl] 14/7/2016 10:11

Look to the gold price and the expected gold price for your answer is my suggestion.
Nobody will ever know for sure but I expect it to pick up as the year progresses.
Will QE happen?
Will there be more uncertainity?

I have a core holding here that I keep,in that we may be in a bull market for gold.
Only time will tell.
So that, even if I trade some, I have a few going forwards.

Each to their own.
People have to do what they are comfortable with.
There are no definitive answers.

IMO

[abc125] 14/7/2016 10:03

Myreaction, at the least, omi is a hold up until mid August when the results come out. I expect a significant re-rating then. My target is 40-50p.

[wallywoo] 14/7/2016 09:54

myreaction: This should be worth 30p min IMO. That would reflect the assets and potential earnings for 16/17.

We need the End yr results and statement for expected production figures (due in 2 -3 weeks). If that shows a good story, ramped up product, good drilling results from Don Tito, plan for Columbia. That should move us towards 30p.

You need to look at the market Cap, not the share price It is still only worth £13M. and has at least $30M in hard net assets.

[myreaction] 14/7/2016 09:47

Do you guys think this has more steam in it to go up further ? or has it reached its peak now ?

[richgit] 14/7/2016 09:20

When most are fast asleep in the paper Gold Markets,Dracula is wide awake and active.

The problems with their balancing that day in day out see saw,is that Physical Cash Gold Buyers always have their eyes wide open.

Maybe they dumped Venezuela`s Gold into Physical demand-yet that wont last long.


Imagine our Pension funds buying those negative return Bonds,where maybe the only argument is a return of some money(worthless currency) as opposed to the fears of shoving it into excessively overvalued Markets.

I have instructed that my last remaining pension pot is held in the cash Market(earning zilch) until they come up with something I can believe will return more than zilch and doesn`t risk going minus as I am told it cannot be
invested in Physical Gold or any pure Gold/Silver investment vehicle

Of course the delinquent BIS put a stop to our Pension funds investing in Gold
to support the Confetti.

We also know that if all else fails for our Masters and their desperately required inflation- they may simply have to let Gold off its leash.


Or-Will they next print to infinity and risk a Weimar type situation.

We are in the hands of those that do not have a clue,and nor will "they"suffer
the consequences,as the likes of Mr Bernanke Bust join the Billionaires club,and no doubt all have their Gold vaulted in Switzerland.

So-will the UK drop the interest rate and destroy savers further ?

Keeping savings in Gangster Banks to return 0 and the risk of Bank busts or Bailins is hardly attractive.

The Paper Gold vs Physical is going to get vicious,yet as Physical runs out
there can only be one winner over time.

[someuwin] 13/7/2016 16:06

Up on both sides of the pond.

[hazl] 13/7/2016 14:51

I think sadly,your last point may be nearer the mark.

Chaos is the intention.

IMO

[richgit] 13/7/2016 13:33

hazl.

Longer term- There is still the potential for our Masters to get their inflation
through rising Gold if all else fails ,yet no doubt that cannot happen until
the Gangsters square thir books of missing Gold,and no doubt some Central Banks
would have to lie through their back teeth that they are "not" accounting for Gold IOU`s.

Lol- Any genius Bank Gold vault Robbers could blow the whistle- telling the World all they found was paper.



Will they opt to just print and print until Fears of a Weimar disaster ?

These fools running this endless Pantomime are NOT in control of anything,unless the Elite`s game plan really is Financial destruction and total slavery of their Cannon Fodder.


IMHO