Orosur Mining Share Discussion Threads

[temmujin] 31/10/2018 17:46

bought a load guys at 5.5p...well happy same price newmont paid

[siday2580] 31/10/2018 16:35

Up we go gap filled

[siday2580] 31/10/2018 16:35

There is no law

[tsmith2] 31/10/2018 16:31

more jam tomorrow endlessly, chart looks poised for acceleration downwards

[rhuvaal2] 31/10/2018 16:29

thedustyone ~ over the years I have exchanged with the chairman and ceo: now having confidence to add to my solid holding by buying @ 5.4p after selling some @ 11.35p

[silly billy] 31/10/2018 16:28

careful looks like sub 5p tomorrow morning.

not happy with that

[silly billy] 31/10/2018 16:26

a few sells.

115K just now at 5.35p

100K at 5.12p earlier.


I think tomorrow morning sub 5p.

[thedustyone] 31/10/2018 15:59

The bears are clearly not letting off. The pattern and timing of these sustained attacks over the last couple of weeks suggest attempts to scare folks or support a short position as can be seen by the regular retreat (and lack of posts) on each rebound (close out) cycle.

Just one RNS confirming the new COO and they will all be running for the hills!

Each to their own of course.

All IMO & DYOR

Dusty

[silly billy] 31/10/2018 15:28

does not look good.

There's a lot of credence to what the bears are saying .Nothing will be benefit shareholders, all leads to administration.

[big momma] 31/10/2018 15:25

Ok

but if everyone losses even NM, what difference does it make for any shareholder?

sharesholders get a big zero


NW losses $2m.


nothing changes for shareholders if NM gets the assets or now, as shareholders gets nothing in both scenarios.

[breaktwister] 31/10/2018 15:20

Wrong. All contracts are negated and assets distributed by an administrator.

[breaktwister] 31/10/2018 15:18

You are both wrong.

[breaktwister] 31/10/2018 15:17

If OMI goes bust Newmont will join the creditors list. They will not automatically get control of Anza regardless of any contract. A contract cannot be enforced against a non-existent entity. An administrator will decide how the spoils are distributed and he may well decide to auction off whatever licence OMI holds for Anza. This being the case, you would think NM did some due diligence before entering into the contract.

[big momma] 31/10/2018 14:59

sub 5p is coming.

remember very well, this was sub 1.8p before nm. No one will benefit anything from nm cash as administration is coming.

That $2m paying salaries and bonuses. No one will get a cent of that nm money

[big momma] 31/10/2018 14:57

Let's not forget the best website in the world gave a sell signal on 10th October. LOL

I thought all the goons follow that top tipster.

[augustusgloop] 31/10/2018 13:18

wallywoo,

Contracts are not negated because a company goes bust.

The assets are sold with the existing contracts in place.

[babbler] 31/10/2018 12:23

You forget the one you got horribly wrong. Double bag in a week. Still waiting for my 70p you promised on YU.