Orosur Mining Share Discussion Threads

[blueball] 25/8/2016 08:46

Heading down to 15p this morning.

[tom111] 24/8/2016 19:36

Well the last rate increase caused the Dow to drop heavily and gold to create a new bull market/Will history repeat itself?Gold imo will shoot up from Oct onwards its the elections stupid

[breaktwister] 24/8/2016 15:40

The large dump of fake gold is to scare out weak holders who are already afraid of a hawkish response to the bankers meeting this Friday and what a near-term US interest rate rise will do to the price of gold.

[richgit] 24/8/2016 14:26

Desperation-
so hammer those Chartists and Technical Margined Paper Gold
slaughterhouse fodder.



"Makes perfect sense - someone just decided in keeping with their fiduciary duty, 0840ET was the perfect time to unleash $1.5 billion of gold notional into the futures markets....

Over 10,000 contracts dumped in 1 minute... "normal"

[richgit] 24/8/2016 10:36

When we watch this lunatic Financial system pass all the "wealth" to the 1%,we know
it will end badly,as that 1% has no interest in the well being of the 99%,yet can afford to buy the Police,Judges,Politicians,Generals,Media,and Finance Wars.



The only question is "Can they buy the minds of the 99% of Joe Bloggs they crush into financial poverty/slavery"?

Russia doesn`t need any WOMD to destroy the USA,all they need to do is pull the plug out and sit back.

With a decaying Power Grid,it would only take 1 week of serious power cuts, putting parts of the US in darkness, and the carnage would be immense.

So many saying China is about to face a crisis,which they may be,yet China has all
the brand new infrastructure,whole new Cities,Oil storage,Commodities,that others would dream of,whilst the USA has rust and decay,even within its War Machine.

China also has what JP Morgan stated as " the only Real Money" (Gold)


The greatest creation of none wealth for the masses,and an obscenity of wealth for
those that see the 99% of Joe Bloggs as Cannon Fodder that can fit in a body bag
and be labelled with -a number.

No wonder some reckon Gun sales and ammunition will hit their highs in the USA if Calamity Clinton is the next President.

The question we all wonder is "How long can stock buy backs continue or do the Central Planners just end up owning the Markets,and when do they sell ?

[richgit] 23/8/2016 13:07

gaaston.

The Anti Gold Cabal have more to contend with,and somewhat ironic it comes from
within the US,which means more will be competing with Russia,China.india etc
for declining Gold production and the problems of declining production that will come to Market.



Texas Bullion Depository: Gold Backed Bank to be Completed Next Year
TOPICS:BankingGoldJoshua Krause

May 19, 2016

banking_control_001By Joshua Krause

Last year Texas Governor Gregg Abbott signed HB 483, allowing the creation of the Texas Gold Depository. “With the passage of this bill, the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state,” he said last June.

This gold bank would allow Texas to recover the gold that it has stored in New York vaults, and give Texan citizens and institutions a chance to store their gold in the facility, and open checking and savings accounts that would be valued in gold rather than dollars. This even opens the possibility of making gold transactions electronically for the very first time.

Now several companies are offering competing plans to build the depository, including Brinks, Anthem Vaults, and Texas Precious Metals. TPM wants to create a sprawling 46,000-square-foot facility with 12-inch concrete walls. Brinks would utilize a series of preexisting vaults that they own and operate in Texas, while Anthem vaults would build “multiple vaulting locations throughout Texas to enable all Texans access to their bullion within a reasonable distance from their homes.” They wold also set up coin shops that could accept deposits on behalf of the vault.

According to Representative Giovanni Capriglione, the original sponsor of HB 483, “I am optimistic that the depository will be up and running at the end of this year or the beginning of next year.” What isn’t being said by the original proponents of this idea, is that it would give Texans a solid alternative to the Federal Reserve banking system and the US dollar. And should the dollar ever lose its global reserve status, Texas will be in a financial position that is far more resilient than the rest of the country.

[gaaston] 23/8/2016 12:30

Why has the US imported 50 tons of gold from Switzerland: hxxps://youtu.be/i1rut5qMXdE

?? !

[billthebank] 23/8/2016 11:33

I guess he still has over a million so no panic . If he had sold them all that would have been disconcerting. The rest of his holding is in for free and more!!!

[abc125] 23/8/2016 09:26

I looked back at former RNS's and Marcet was given 50% of his termination payment ($100k) in shares when the price was around 7p - so not a bad flip.

[richgit] 23/8/2016 09:26

It could be viewed that someone was happy to take 1 Million shares at GBP0.188,
whatever the reason he sold.


Hopefully- it wont be easy to pick up 1 Million shares as time goes by,as
OMI is one of the most volatile stocks around,most certainly if the majority of the
so few shares around are passing into stronger hands.


Quote of the day Yesterday -"One trader described the swings in stocks as "complete chaos" saying that machines were clearly in charge... "there's no humans playing anymore."

Just charts and shorts destructions.


The BIS/JP Morgan and the Robots have to destroy the chartists in very selective moments, and no doubt that may beome harder when those in India buy more Gold than the apparently -worst first 6 months in 7 years !!!!!

We will soon be heading towards the "no tills ringing" Xmas-unless the Money drops
are on the way plus those 20% falls in Apple`s sales by some must be very disconcerting.

[abc125] 23/8/2016 08:42

Yes, I felt yesterday's 10% drop was unusual and out of character for this share given its strength this year. Marcet was the former Exploration and Development director of Orosur (and former ceo of Waymar) who was laid off in the recent cost cutting and given the the role of NED instead.


What can we read into it?

- he was peed off with his effective sacking.
- Waymar is not progressing as he hoped.
- time for a clean break now that he does not have a pivotal role.
- a fund was looking for stock so he obliged.
- or simply and most likely, he needed the money.

[highly geared] 23/8/2016 08:30

Well. The market took them. Explains the drop yesterday.pog will determine direction...

[boadicea] 23/8/2016 08:24

A million sold by a NED - never helps the share price
At best it would indicate that he expected no further advance in the short term.

[gaaston] 22/8/2016 22:03

Pity OMI doesn't have silver as well, at least don't think so...

[highly geared] 22/8/2016 21:39

50 day SMA around 16.5p should see strong support; gold having healthy pull back on endless FED chatter trying to surpress prices. Also , no news likely to late September so excuse to bank some profits.

[abc125] 22/8/2016 17:28

Today's 10% drop coupled with the double top in the above chart is bearish. There's no two ways about that. I have a chart with price targets down to 12p which still would not derail the primary uptrend however. Orosur has gained 300% and gold 25%; maybe the market requires a deeper pullback before marching higher.

[richgit] 20/8/2016 16:58

Whilst little that the untrustworthy World Gold Council says can be believed - We can so far witness that the Anti Gold Cabal have certainly failed miserably if we consider their own words - ie 7 years !!!!!.

"India’s gold demand may rise in the second half of 2016 after falling to the lowest in seven years in the first half as monsoon rains spur rural demand during the peak festive season."



More and more possible clues about the reset to come........


The following exchange occurred on December 18, 1912 when J.P. Morgan – the most influential American financier and banker of his time – was called to testify before Congress.

Mr Untermyer: I want to ask you a few questions bearing on the subject that you have touched upon this morning, as to the control of money. The control of credit involves a control of money, does it not?

Mr Morgan: A control of credit? No.

Mr Untermyer: But the basis of banking is credit, is it not?

Mr Morgan: Not always. That [credit] is an evidence of banking, but it [credit] is not the money itself. Money is gold, and nothing else.




Since the outbreak of the financial crisis, the Chinese have pressured the U.S. to change the current dollar-based monetary system. The Chinese, ever more in the driving seat of global finance, have made it very clear that the Special Drawing Rights (SDR or IMF-money) of the IMF is the preferred future international world reserve currency. A great example of China’s frustration over U.S. monetary policies can be found in comments distributed by the Chinese official state press agency Xinhua a few years ago;“Politicians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system”

[abc125] 19/8/2016 18:10

Orosur is pulling back a wee bit and approaching the uptrend line from June so here are some downside targets. Its sticky downwards so may not fall much. In the worst case scenario the 50 day sma comes in at 16.5p (which is rising just under 0.2p a day).


N.B. OMI has not gone below the 50 day sma since the uptrend began in April.

Daily chart

[richgit] 18/8/2016 13:05

They certainly need to come up with some Engineered Chart & technicals to cause
those that are automotically triggered to sell on such a technical- to sell their
paper Gold.

No doubt they would then scare some out of ETFs and give them some breathing space
for the Physical demands awaiting the assumed smash,albeit they could be forced
to replace the Gold, that in my own Conspiracy theory, has been thieved from certain
ETF`s.


All a hindsight,as the Central Planners that risk losing control of everything,have
been wrong all too often as each misjudgement over so many years compounds in the ferocity of potential repercussions .

London`s plans for the future is to replace missing Gold with more missing Gold in
an even greater Paper-Chain.

They learn nothing from past failures and the bailouts of past Gold Manipulators!!!

[abc125] 18/8/2016 12:55

I don't think omi will want to share the spoils of Anza if they don't have to. Indeed, the Edison note alludes to that. As far as the gypsum mine is concerned, is that a running operation with a ready made mill? I have no idea.

Cash generation should be strong going forward with gold at $1300+. If it gets to $1500 Omi should be minting it. I hope they will be sensible enough to hedge some production there. Historically, gold is strong between September and February.

[wallywoo] 18/8/2016 12:28

Edison report is interesting shows OMI adding nearly $9M to cash in the next year. With them taking control of the gypsum mine in Columbia, it is easy to guess where that cash will be heading over the next year so they can convert the existing site into a gold mining one.

I would of thought this would be sufficient to get the mine started and then the cash generated could be reinvested to scale up production. Looks like exciting times here, no dilution needed to expand IMO. I expect gold to be strong in September, which is historically a strong month for gold

[abc125] 18/8/2016 11:42

The battle between the bulls and bears is evenly matched at present. However, I'm not sure gold can get to $1500 without a fake break-out to the downside. I guess the market will keep us guessing.

With a stock like OMI, the best policy is just to hold. If their is any weakness, add to your positions imho.

spot gold daily