Orosur Mining Share Discussion Threads

[tidy 2] 21/9/2018 10:28

How is our cap below Ggp when Newmont walked on them but dealt with us taking a substantial 20pc at 107pc premium and agreed to fund omi though to production?

[tidy 2] 21/9/2018 09:42

11m cap. Fully funded to production by Newmont. Super cheap.

[tidy 2] 21/9/2018 09:39

They bought back paying 8.11.

[a_2_z] 21/9/2018 09:07

Can someone comment on that 100K sell delayed reporting trade at 7.94p? People are selling on us in the background.

Is that you Jon?

[jon1962] 21/9/2018 08:53

Yes especially when you want in cheap and your desperate to get in lol hence your desire for people to sell.You are looking at the share price rather then the market cap! SOLG in case you are not aware increased 50 times their 1p low and a considerable multiple of the price when Newcrest entered at that time.The SOLG comparison on that basis alone would make this compelling in my opinion so we already have a precedent.In addition our grades so far are excellent and over a small fraction of the while licence .

[siday2580] 21/9/2018 08:50

Utter tosh

[pounds2penny] 21/9/2018 08:41

The fruit machine has limited payout only one person will hit the jackpot in a certain period.


I like to listen to pro and cons.

we understand why people bought after the premium.

but why would anyone buy now as it's a premium of about more 70% on the already paid premium of 104%.

There's compelling reason why people would sell actually.

[wallywoo] 21/9/2018 08:24

pebsi: the trouble with a share that goes up 500% in a couple of days is that it attracts the "fruit machine", get rich quick brigade.

My advice, stop reading all the trading rubbish posted on here. The share price will bob about now, until we get news on Uruguay (next step up). IMO that news is highly likely. The mine is there, the drilling has been done, they just need govn help and perhaps some 3rd party interest. Much more likely than not IMO that the mine will open again.

[siday2580] 21/9/2018 08:04

Come on horsey giddy up

[pebsi] 21/9/2018 07:51

Jimmy, when I look at tsx it appears to round it to the nearest cent so it could be at say 13.4 cents which is a large pecent difference to 13 cents. Not sure this is correct but makes sense to me??

[siday2580] 21/9/2018 07:47

Let's see if it's time to reverse this little drop

[jimmy143] 21/9/2018 06:26

Closing price in Canada was 13 cents

equivalent 7.5p, it was down 13.3%.

Do not understand that double listing thing.

[temmujin] 20/9/2018 22:10

SOLG was crashed to 1p just before newcrest bought in then 50 bagged pretty quickly...OMI crashed to about 1.75p so 50 bagger from that price..so about 80p im looking for in the next few months

[tidy 2] 20/9/2018 21:22

Aimtrader lse posts The similarities to SOLG are there for all to see!!! High grades from initial drilling, Major buying shares in the company (Newcrest 10% into SOLG), (Newmont 20% into Orosur), Agreements for share top up rights, MAXIT Capital involved in both companies. If anything the amount of shares in issue make Orosur even more attractive than what SOLG was at the time Newcrest bought in! THIS IS GOING TO BE ANOTHER SOLG......THE FACTS ARE THERE FOR ALL TO SEE!www.Twitter.com/AimTraderX

[andrewsr] 20/9/2018 21:12

It's 12 years because it's expected to be massive. It provides an almost indefinite stream of stunning drill grades and resource up-grades. At worst, Newmont walks away and OMI are left with 100% of a multi-million oz project instead of 20% of a 10m oz+ project. In the meantime they have that security to develop other projects, raising money obviously won't be a problem as they'll be backed by Newmont with their 20% shareholding. It's an ideal position for any small explorer/producer to be in. IMHO worth holding for more than 2-3 months.

[jimmy143] 20/9/2018 20:02

From what I read in the rns it's a 12 years program. Most of us would not be holding it for more 2-3 months.

[tidy 2] 20/9/2018 19:41

Sooner than that building up to that news. Starting tomorrow imo. Newmont deal not priced in by a long shot. 10-12m currently. Long legs here.

[temmujin] 20/9/2018 18:47

this will rise on next drilling news..great grades and i doubt you'll be able to buy sub 13p

[pebsi] 20/9/2018 18:15

So many people trying to trade this one lol. Is there no true investors left? No wonder the share price is all over the place. Simple question is do you believe the gold is there and Newmont will mine it? Or did Newmont buy in coz the gold ain’t there but they can flip it for profit? If it’s because they plan on mining it do you guys think they would be doing it this week. I’m no miner but it must be a longer play? It’ll be the same on ggp. Spikes all the time. Nm bought into this one, i don’t know but I’m assuming they’ll do their drilling and mining stuff and make money? Either that or they bought a dog. I don’t know. What I do know is they ain’t stupid and it won’t happen tomorrow

[jane1984] 20/9/2018 17:58

Nice find dope

I have read those 2 posts. This guy admits on 15th sept 22.5p was not the bottom, as the share price went a lot more than his 22.5p.

But on 17th he bought even more expensive at 25.75p. Another advfn Chump.

No wonder he lost all his money and he had to give up.

Hope no one is taking any lesson this imbecile. Another advfn bully, losing and wants to blame others.






sapper2476 - 17 Sep 2014 - 09:45:23 - 770 of 5393 AMI - Another new chapter - AMI

Well. I have upped my average with another 64k at 25.75. Lets see how it pans out until Christma

sapper2476 - 15 Sep 2014 - 09:04:49 - 315 of 5393 AMI - Another new chapter - AMI

Well. I have to admit. My call of 22.5 as the bottom was woefully wrong.

[tidy 2] 20/9/2018 17:54

In contrast to Clon the con who have just placed for 500k at massive discount you can see how spectacular a deal OMI has with Newmont with Newmont paying 107pc premium and funding omi all the way to production. There are many perspective examples, OMI enters the investment case category leaving the punting BS stocks behind.

[babbler] 20/9/2018 15:43

Ps 100k buy when they dropped it briefly to 8p ask.

[babbler] 20/9/2018 15:42

I wouldn't worry too much bitcoin. You aren't in. But nice of you to lose sleep for those that are. Such kindness.