Orosur Mining Share Discussion Threads

[bigtbigt] 05/1/2017 02:01

well the OMI bosses do tend to leak news to insiders

[qs99] 04/1/2017 16:33

news tomorrow maybe?

[qs99] 04/1/2017 16:13

and some more,

[qs99] 04/1/2017 15:17

Nice to see OMI on the march again, small and steady rises will do!

[qs99] 30/12/2016 08:46

Looking perky this morning IMO...

[richgit] 21/12/2016 14:09

This could be a Black Swan.....
so will it be - hammer the Markets higher and hit Gold to pretend all is Yummy
whilst Draghi hides under the Bed with His bag of pills !!!?


"
Borrowers who paid too much interest on home loans pre-dating a May 2013 Spanish ruling on so-called mortgage floors are entitled to a refund from their banks, judges at the EU Court of Justice ruled in Luxembourg Wednesday.



The court said that a proposed time limit on the refunds is illegal and customers shouldn’t be bound by such unfair terms. Banco Sabadell SA fell as much as 7.5 percent, while Banco Popular slipped as much as 10.5 percent, the largest decliner in Spain’s Ibex 35 benchmark.



"This comes as a surprise and in a bad moment for Spanish banks as most of them would have to make extra provisions to pay for this,” Daragh Quinn, an analyst at Keefe Bruyette & Woods, said by phone. "It will mean pressure on capital generation and profits in the fourth quarter."




Along with the Italian Banks` combined €360 billion of nonperforming loans (that they admit to !!)
it could be a Flock of falling Flying Black Rhinos crashing to earth,but then of course Dragha knows all about that.

[bigtbigt] 20/12/2016 19:29

Post 15660
12p should hold no worries.

Sadly not !

Theres still a long way down

[richgit] 20/12/2016 12:50

There is going to have to be some sleight of hand funding for Monte Paschi,as
a bailout will open the flood gates - whereas as a "Bailin" could start a panic that breaks the Comex and the "Fake news" JP Morgan et al hide behind .

The $Dollar surge is also going to crush some earnings/demolish what is left of exports and gawd knows what it does for US deflation fears.

Will we kick off the new year with talk/rumours of trade wars,or conclusions for
Monte Paschi and repercussions (hidden) all around. !!

[richgit] 16/12/2016 09:43

There is NO mystery why Paper Gold got hammered the moment Yellen`s yacking was made public - even if some remain in denial.

There is NO mystery as to who could dump 90,000 contracts into the futures Markets
at that moment with arranged attempt to make it look that Yo-Yo-Yellen made
the right noises and useless Obamageddon will be leaving everyone with a great economy,soaring jobs,-soaring Markets,soaring wealth and soaring Dollar !!!

Cheer Cheer !!!!!

Most certainly some in the Comex Casino have extremely deep pockets as they just sit and take the pounding,yet for most that want a stressless return of their Money over years to come,it has to be Physical allocated- and vaulted outside of the Banking system leaving Paper Gold to the Gamblers and the extremly deep pocketed

.
How many people around the World,including so many Pension funds think they have arisk spread Gold allocation- yet do not realise they merely have a fraction of a Paper IOU to Gold based upon a fractional reserve that could in theory go to 0.

Just in 2013 Bankster Gangsters admitted to their Customers that they never
bought the Gold for them as instructed)or misled)and would pay them
back with $Dollars.

I often wonder at what payback- the Comex price or the Physical Market premium price ?

If it became common knowledge and a sudden rush to demand Physical Gold,then
this is the assumed scenario from Bullionstar......


"
Even if the bullion banks have access to borrowed central bank gold stored at the Bank of England, that gold is owed to the lending central banks, and therefore has multiple claims on it. If there was a run on the fractional reserve bullion banking system by customers wanting to convert their unallocated positions to allocated gold holdings, analogous to a bank run where all customers want to withdraw their cash at the same time, then this could lead to some serious problems in the ability of the bullion banks to provide the required gold. Such a situation would undoubtedly require cash settlement of customer positions, a move which would see the price of paper gold collapse, while the price of physical gold would skyrocket "


Whilst unlikely,it has happened before albeit they managed to beg steal and borrow Gold to save the day,yet I also wonder if Paper Gold was, in that crisis,
at a leverage of 12-1 and not Todays 100-1 (or 300 or 500 or 1000 )


It`s all just a greater multiplication of insanity these days,like Yellen suggesting the crumbling US economy is great !!

[richgit] 15/12/2016 12:50

What the US consumer economy is facing and "what cheap debt?" when we note
that Credit Card one..............


"
The tie that binds the generations comes down to one word: debt.
That’s where the Federal Reserve has inflicted the greatest damage. Set aside for a minute U.S. sovereign and corporate debt. While they’re mammoth challenges for tomorrow’s policymakers, it is household debt that has torn at the fabric of our culture and fueled the fury.

The latest figures from NerdWallet, produced by aggregating Fed and Census Bureau data reveal that the average household carries $132,529 in debt, including mortgages. That’s up from $88,063 in 2002. The cost of living, which the Fed lectures us is running too cold, has risen by 30 percent over the past 13 years, surpassing income growth over the same period.

What makes up the deficit?
We read nonstop about student loans helping to bridge the gap.
But it’s credit cards that have taken up the slack of late. The average indebted household is sitting on $16,061 in credit card debt, a hair shy of 2008’s high. As for those low interest rates, the average credit-card interest rate is 18.76 percent which translates into $1,292 in annual interest payments.

Add it all up and total household debt is $12.35 trillion. Estimates call for the prior housing boom peak to be surpassed by the end of this year." "


.............................................................

In this engineered /managed set up of prop the $dollar whilst JP Morgan extracts itself from more Paper Gold shorts and moves its stolen Silver,someone also grabs Gold from the GLD !! ?


I wonder who will be left with no Gold and shorts to cover,when Dracula has
finished its blood transfusion .


The Fed is queen Blood sucking Alien with only one objective "protecting Her Family" and does not give a fig about anything or anyone else,yet it remains their frustrating fact they cannot fabricate Physical Gold - albeit it has been a painful journey in the Alien Family slaughter of all else including paper Gold.



The truth is going to be awful.

[richgit] 15/12/2016 10:18

PS>

Whilst we all should know the Fed is merely a collection of delinquent and lawless Banks the Deutsche Bank story gets suppressed by the General Media that prints "What it is told to" like "Putin destroyed Clinton`s votes "

Deutsche Bank having confessed to and named with reams of proof those involved with
the Silver Market frauds,yet no surprise to those Names they finger yet untouchable
Dracula seemingly escapes..

Meanwhile JP Morgan(Dracula) syphons off all their stolen Silver into their own account and nobody says anything,whilst Scotiabank also remains their Gofer in the heist of the Deutsche Bank whistleblown frauds....
Yet it`s business as usual as they do not give a damn about any legality as of course such nonsense will merely be passed to prison sentences for some Bank Traders that will be the scapegoats when the Deutsche Bank whistleblowing takes its course of all those ripped off by the Frauds join the queues of legal actions.

Then the Gold fraud will take centre stage.

So institutions sold 150 times more (paper)Gold than exists on the Planet which in itself tells the story of insanity,yet at some point they will again buy into
Paper Gold without considering that any safety net of Paper Gold could merely
become 0 if the Comex cannot deliver if the 1% asking for delivery ever becomes 2%

No wonder there seems little appetite to arbitrage the premiums some are paying for
Physical.

Deflation,inflation,stagflation.... quite obviously some "flation"
is going to destroy the Fed`s mirage of growth and full employment !!!

How did the Western bought and paid for Puppets of the US mirage of 40+ years of debt allow this to all happen !!?


The Countdown is coming along with the hangover and Bills for the party after New years day.

Let us pray Trump is President !!!








I also note.

Someone has been lifting their Gold from the GLD.

[richgit] 15/12/2016 08:26

The US is destructing itself under the weight of an insanity never witnessed.

Yellen in denial that Her full employment is part time jobs and many holding 2 part time jobs, when those offering part time employment in a service industry devouring itself in declining consumers- will start to decline.


How do we price in the insanity of the CIA War machine attempting to deny Trump`s
presidency. !!?

With so many around the World now looking at a return of their money,as opposed to
a return on their money there will be very few selling their paid for Gold.

If/when sentiment and belief in the $Dollar gets knocked there will be carnage
and few are talking about what happens if the CIA get their way.
Could it happen !!?

We better pray it does not as the War machine is now prepared to play the real game of chicken against Russsia and China nukes(if they get their way)

Paper Gold versus Physical and those being sold Paper Gold may yet find it
could be worth a lot less than Physical or even 0.

The gold has gone and they try to cover it up with more missing Gold.

As many of our suppliers have already increased prices,with more threatening to do so in January I am cringing with what the New year could bring,as inflation is a
very nasty disease.

They will push this Comex fraud until it blows up,like all the insanity taking place.

Amen,.

[rhuvaal2] 14/12/2016 09:40

Gloopy ~ the circumstances of five years ago have nothing to do with the Company today (only the product and Company name). Now I move on to the best stock for platinum over the next 18 months: and I don't want an argument about that here. The following report seems logical (for gold)

hxxp://seabridgegold.net/pdf/fn_12DEC16.pdf

[augustusgloop] 13/12/2016 21:25

belief has nothing to do with it.

Look through the past sets of accounts.

Add up all the gold sales revenues.
Add up all the ounces of gold sold.
Look at what the assets are now.
Look at what they were over a decade ago.
Look at the dividends (all zero).

£700m of sales revenue and nothing given to shareholders in return for 700,000 ounces of their gold.

No need for belief -- the numbers are there in black and white.

[augustusgloop] 13/12/2016 16:47

rhuvaal

Total cumulative gold sales = £700 million.

Total returns paid to shareholders = £0
Increase in value of business = £0

If you think that questioning this makes me a deramper - what does that say about you?

If you need to ask a broker if selling 700,000 ounces of your gold without giving you anything for it is good for you -- then you are terminally stupid.


Simple fact -- you now own 700,000 ounces of gold less than you previously did --- and have absolutely nothing to show for it.
[And this was the cheapest gold to mine.]

[rhuvaal2] 13/12/2016 16:18

heavy weight de-rampers on our screens again. Take on board their biased views from years ago and you'll regret it. Many lost out and heavily = still miffed even bitter they are. Speak to the management or their broker and you'll be given an honest appraisal to the points you raise.

[augustusgloop] 13/12/2016 15:11

Svenice,

According to the fundamental data box in the header - the PE is 222.

To be honest, I think that it is wrong since they report a profit of 2.18 and an EPS of .04p

The last audited accounts (31 may 2016) show a LOSS of $1.937m


Not sure what planet you are on claiming that the PE is 3.3.
Think that you are getting confused with a company that is not a scam and actually makes a profit.

[svenice7] 13/12/2016 13:22

Not sure what planet augustusgloop is on, but the PE is 3.3 not 222. Think he is getting confused with netflix.

[bigtbigt] 13/12/2016 11:44

Just a leveraged play on PoG

with ever-present risk of bad news, or half truths

never a divi

don't overthink it

[augustusgloop] 13/12/2016 11:37

Has the management changed?

Were the people in charge now, not contributing to the previous decisions?

Was Fowler ever more than a figurehead that helped in dealings with investors?

Did he really do the mine planning?
Did he understand the Geology?

Has profitability improved since he left?
Has production increased?
Have shareholders received better dividends?
Are shareholders now better informed of the company's plans?

Is the gold that is being mined and sold benefitting the shareholders in any way now - or is all the money still being spent on everybody else and the shareholders are seeing no return from their ever decreasing gold pile?

So far, shareholders have received nothing from the 700,000 ounces of gold that has been mined in the last 15 or so years.
No dividends, no increase in assets.

Is there any inkling that makes you think that there is even the slightest chance that you will receive anything from the next 100,000 ounces sold, or the next 100,000 ounces after that.

Charitable donations are honourable - but don't pretend that OMI is anything else.
£700,000,000 in gold revenues - not a penny of it left for shareholders.
That's one hell of a charity donation!

[rhuvaal2] 13/12/2016 11:00

A'gloopy ~ you always enjoy a dire negative post..... the above could be a 'cut n paste' from you and many years back. Most readers here appreciate that the management has changed (ceo & chairman appreciate a call) and are now crisp operators. I am a very long term holder, currently in a decent profit: good stock to be in, no qualms.

[wallywoo] 13/12/2016 10:34

Augustus, you were implying that OMI was vulnerable since it was likely to be very unprofitable (in comparison to its SP). I was just putting you right on that score.

This is a tiny micro cap, a shareholder farts and that can move the share price BUT it is also possible that the valuation can increase hugely if gold price and gold mining become hot again. That is the reason some big investors are here, incl me.