Orosur Mining Share Discussion Threads

[qs99] 13/10/2016 14:42

roll on Monday then!

[billthebank] 13/10/2016 14:36

Imo have stayed that cashflow will finance the company going forward.No need for solution.Other areas which when the POG was low will be brought into operation a principally as costs are below 1000$ We have a 300 $ leeway.All good Looking forests to results next week

[qs99] 13/10/2016 14:33

and fundamentals of OMI are decent iMO aside from swings and roundabouts of POG....

[tom111] 13/10/2016 14:19

Chinese exports dropped 10% last month,just shows you how fragile the world is.Wall Street futures down heavily under 18000,looks more and more likely the markets are on the edge.Gold will benefit soon imo just a matter of when.

[rivaldo] 13/10/2016 09:44

New video interview with the CEO - he's done a terrific job here:

http ://www.proactiveinvestors.co.uk/companies/stocktube/6179/orosur-to-fund-operations-at-san-gregorio-using-its-own-cash-6179.html

"Orosur to fund operations at San Gregorio using its own cash
08:45 13 Oct 2016

Orosur Mining Inc. (LON:OMI, CVE:OMI) chief executive Ignacio Salazar says that the company plans use its own cash to fund the development of mining operations at its San Gregorio gold mine in Uruguay.

“The strategy for the company has been that the Uruguayan operations run on the basis of the cash generated in [the country] by our own operations,” Salazar tells Proactive.

“The plan that we are following and the portfolio of projects that we plan to work on…will be funded by our own cash from operations in Uruguay.”

Salazar also explains that the improved gold price means that projects that were previously dropped because they weren’t economically viable, may rear their heads again.

He says: “With the gold price increasing and our unit cost decreasing, some of the pits that we left aside in the last year have become economic again, so that is another source of additional ore and additional projects.”

Salazar adds that Orosur is making “very solid, very sound steps forward” at its Anzá high grade gold project in Colombia."

[billthebank] 13/10/2016 09:26

Results due Monday so anticipating the share price to rise over the next few days and off a double bottom????!!

[qs99] 13/10/2016 09:22

lets hope so

[billthebank] 13/10/2016 09:03

TSX detailing 0.27 so starting to look like a we bounce.SHould be back abobe 20p before too long

[qs99] 13/10/2016 08:45

OMI now starting to get a head of steam IMO

[qs99] 13/10/2016 07:07

POG moving ahead nicely this morning. Great article on Telegraph by Ambrose Evans, I do like his writings....talks of $ being kept as low as Fed can as currencies around the world try and lower their currencies to gain competitive advantage....if he is right, then that IMO would only benefit gold price over time....let's see.....either way his article on hard Brexit is well worth a read

[flyingswan] 12/10/2016 21:35

Goldplat GDP is in the same position little debt and cash generating.

[tom111] 12/10/2016 19:51

OMI stand out from the rest of the smaller gold miners with its unique position of money in the bank little debt and a growing asset value and is positioned well for any upturn in gold prices

[tom111] 12/10/2016 15:15

breaking news US .4m jobs less in August compared with July,helps gold imo

[tom111] 12/10/2016 15:15

breaking news US .4m jobs less in August compared with July,helps gold imo

[qs99] 12/10/2016 13:35

oops, sorry, didn't realise just cut and pasted. thanks for doing.
cheers

[abc125] 12/10/2016 13:30

To make a link work, you just need to replace the first 'h' with a capital 'H'.

[vivgav] 12/10/2016 13:08

Just go to Master Investor

[qs99] 12/10/2016 13:07

links doesn't work mate

[vivgav] 12/10/2016 13:01

He's topped up @ 16.25p

[tom111] 12/10/2016 11:22

Pity gold dropped just at the wrong time,tipical,otherwise we would be a lot higher.Any rise from here on the gold price will push the share price quickly.

[qs99] 12/10/2016 11:13

this is more like it

[qs99] 12/10/2016 10:40

great, he we go, start to retrace to the 20s and beyond....looking forward to update next week. DYOR etc

[someuwin] 12/10/2016 10:15

Peeps starting to pick up on it now.

[billthebank] 12/10/2016 09:34

Stunningly good news Looking forward to next production update and hopefully see our share back in the 20s!!!!

[gaaston] 12/10/2016 09:17

abc125 ~ BigT has wanted the share price lower, and for a long time too