Orosur Mining Share Discussion Threads

[gaaston] 30/10/2016 11:31

Life, trading and corruption will not always stay the same as it is today.........

[augustusgloop] 28/10/2016 17:25

richgit,

Why do you think that the JPM traders keep making all those multi-million bonuses every year????

They are acting with information that Joe punter doesn't have.

Joe punter falsely believes that there is a REAL massive paper short than may need to be fulfilled and bets accordingly.

The JPM trader knows that this is not true and takes the other side of their bet.


They can make the paper short market look as big as they want to by simply holding each others contracts --- perfectly legal.

If JPM hold a million tonnes of gold contracts issued by GS
and GS hold a million tonnes of gold contracts issued by JPM

Then you think that with 200 million tonnes of gold contracts outstanding the market will collapse as somebody will demand the physical.

But they can't - because they all get paid off with their own issued contracts.

Simple and effective --- removing money from the pockets of stupid gold bulls who after 120+ successive shaftings - still bet against these traders.

[richgit] 28/10/2016 16:06

Elban.

Wrong.

You confuse the bought and paid for "Physical Gold Market"that has to deliver
what has been paid for- with the Comex Casion Paper Gold Market that prays nobody asks for delivery,as it is just a Casino- albeit it is "supposed" to be for delivery.

The Physical Gold Market "delivers" circa 3000 tonnes ?! and Paper Gold delivers some pathetic microscopic (pro-rata)tonnage over a year- yet $Trillions in Paper!!.

If Paper Gold was used as it was intended,for participants to take delivery,then it would have been curtains a long time ago,yet has faced that very situation with inability to supply the few.

That`s why X had to be bailed out of their Paper shorts around 1998 as they faced meeting their maker as the Physical Gold Market was starting to dictate to Paper Gold.

It then did for years- from $250-$1900


Consider the biggest arbitrage would be for holders of paid for Physical Gold to sell at/when -a higher "Physical Gold Market" price is marked, and then buy into the Fraud/Comex Paper Gold Lower price- and demand delivery.

Of course nobody holding "Tonnes of Physical" would take that arbitrage as no doubt
the Comex/Cabal would deny the delivery and offer $Dollars or threats of flying lessons,and then that poor sod ends up with "paper" and prays to be able to buy
Physical again at the $Dollar "sod off" offer.

Of course when Physical demand truly hits Gold shortages and prices for Tonnes of
Physical Paid Gold are somewhat higher than the Comex price.....it`s fun time.

The average Joe Bloggs and Jewellers etc may try and beat the game with their
few ounces- yet Mr Big and Tonnes most certainly wouldn`t take the gamble.

Maybe like trying to get 2 Million shares in OMI in one Hit against those that play
their games with 5000-100,000.

The Gold pool has blown up before,and then the known saving of X that were too deep in the Paper shorts,is all proof that this Fraud can melt down.

JP Morgan of course will be helping others melt down when it suits,as they are Teflon coated and do not give a damn for others- in fact will feast on any
Cannibalism of their Vampires and Gofers.

IMHO

[augustusgloop] 28/10/2016 13:44

I hold coins - because of the zero tax.

I hold them as insurance against disaster.

The figures that you read about the amount of paper shorts - are all lies.

The bots make multitudes of trades each second - during these JPM attain GS issued paper gold and GS attain JPM issued paper gold.

They always issue new paper gold with their own name on it.

When you see statements like there is 100 tonnes of issued gold coming due to end of contract term in 3 days --- what you don't know is that 99.9% of these contracts are held by issuers of contracts - so they just swap them all off on the end date.

The overhang of gold demand mysteriously vanishes -- just like it has done on all of the last 120 closing dates.

Some plonkers still bet against this --- perhaps they believe in 121st time lucky.

[breaktwister] 28/10/2016 12:55

I am only small fish augustus but I hold physical, if you have never done it I highly recommend it. You should hold a nice gold/silver coin in one hand and a bank note in the other and ask yourself which one is the real money

[augustusgloop] 28/10/2016 10:44

And how much physical gold did you demand delivery of?

Everybody wants somebody else to buy the physical and hold it.
But they don't want to buy it themselves.

LOL

[breaktwister] 28/10/2016 08:48

One day they will smash it but then smash in their pants as everyone on the buy side will request physical delivery. That is the end game and the only way to win. Do not trade paper gold, take possession of the physical asset.

[richgit] 27/10/2016 18:13

And finally...

There are a lot of Physical Gold buyers waiting for the smash.

[richgit] 27/10/2016 11:26

Whilst JPMorgan incubates its (scammed/stolen) 500Million Troy Ounce Silver Egg.

Is Murder the game in town ?...............

[breaktwister] 26/10/2016 21:00

Solis, play them at their own game and take advantage of their generosity. Buy for the longterm whereas they short for the short.

[s0lis] 26/10/2016 18:47

The bustards are ensuring that the gold price keeps to near $1250 and silver $1750. Any push up is forced down every day at about 13-15.00. Wish I could have them in my telesopic sights. I'd give them a bit of salt buckshot and let them know that I think of them, but would never hurt birds or animals.

[qs99] 25/10/2016 19:06

gold price continuing to move ahead hope peeeps in city take note.....

[wallywoo] 25/10/2016 14:28

quite a lot of difference between the TCX quote and AIM. Currently TCX is bid 32 offer 34, and AIM is bid 18 (29.16 Canadian cents at 1.62 xchge) and offer 19.5 (31.59 Canadian). Also a huge spread

[billthebank] 24/10/2016 22:27

Yup Expecting a 10per cent increase tomorrow now

[photon] 24/10/2016 22:00

Up nicely again on TSX with decent volume

[qs99] 23/10/2016 20:39

Thanks v. Useful

[cerrito] 23/10/2016 19:49

Was at the AGM last Thursday.
There were 5/6 shareholders present; the formalities seemed to take longer as they were done Canadian style and we had no info on votes cast at the meeting..and subsequently saw that 18% voted against the Chairman and 9% against Salazar so there must be a group of unhappy shareholders We then went through the Corporate Presentation with the whole thing taking an hour.
I have been a shareholder since 2005 but in the last few years given the low share price have not followed too closely. As such did not come with well informed questions.
For me the big picture was I was impressed by the new(as much as someone who has been a director since July 13 can be classified as new) Chairman and with Salazar who was very clear in terms of where they are and where they are going-this is comfortably the most grounded and clear presentation I have heard in the 7/8 AGM’s I have been to.
No discussion on the dividend not future capex-I see Edison has $10m in Capex this FY and $7m next year.
PS Intrigued by the no votes, I saw that as of March 2016 the website says that Paul Sephens had 8.67% of the shares and his Management Company 3.34%...the only person with a 3%+ holding the others being banks etcet..then having googled who he is, I see an article saying the sold 0.5% shareholding in July 16 and could find no RNS. All rather odd.

[richgit] 23/10/2016 19:29

It may come as a surprise to most that the farcical Comex system that
churns $trillions over in PAPER GOLD has so little do with "Physical" that it obviously should not exist.

A system so ludicrously leveraged that, as per recently,someone sold circa 1000 Tonnes of PAPER Gold !!to Manipulate the price.

That puts a pathetic 27 Tonnes of actual delivery in the first months of 2015 into perspective of a system that doesn`t expect to "deliver"and so reliant
on players not asking for delivery in a Casino to just bet on the price of Gold.

However-it must be of annoyance to the Casino bosses that so far this year
some party poopers have asked for a pathetic 125 tonnes.

Whilst that may not put the Party organisers into panic mode,it certainly
would if the trend continues proportionately to an already obscenely over-leveraged fractional reserve, whereby instant Physical avaliablity to fill black holes may become far less reliable,as the main Physical Gold markets have to meet their demands

Thus I wouldn`t buy into any Gold ETF associated with certain names to discover being invested in a possible IOU (of what cannot be replaced.)




"Beginning with the "delivery month" of June, Comex gold "deliveries" began to explode at a startling pace.
For the period June-September 2015, total Comex gold "deliveries" were 8,832 for 883,200 ounces or about 27.5 metric tonnes.
For the same period this year, total Comex gold "deliveries" totaled 39,646 for 3,964,600 ounces or about 123.5 mts. This is about 4.5X times the 2015 amount."

[qs99] 23/10/2016 09:43

looking forward to this week and hopefully getting OMI through 20p! Let's see. SC's master investor article was intriguing, IMO and DYOR it hinted at news on projects "quite soon"....let's see....

[billthebank] 21/10/2016 11:25

Seems to be a trading position between 0.27 and 0.34 presently Canadian dollars ie 17p and 21p sterling

[billthebank] 21/10/2016 11:22

Tried a dummy sell but no takers @ 18p Actually no takers at all!!!!

[augustusgloop] 20/10/2016 19:09

richgit,

I think that you and I could both empathise with the guy in the black suit in today's Alex cartoon in the Telegraph

[qs99] 20/10/2016 17:31

cheers, am in SHG as well, POG because last RNS suggested material news before end of October....PAF and HUM

cheers