Orosur Mining Share Discussion Threads

[chickendinner1] 28/11/2018 08:36

Massive news ! for omi ! Look at GCM ! Flying today !!!!!!!

[guyswonga74] 28/11/2018 07:35

So newmont and cIBC Mellon now own 28.4% of the company

[thewardog] 28/11/2018 05:50

Also check out Mr Cohen's field of expertise ! debt & commodity related finance ! The clues are there ! Need I say anymore ? NO like I've said the ONLY SCAM IS YOU TRYING TO SCARE FOLK !

[thewardog] 28/11/2018 05:44

Sounding very desperate and stupid now GLOOP you silly Little man ! As others have said warn these other major share holders these is a scam !!!!!! THE ONLY SCAM AROUND HERE SON HAS BEEN YOU !!!!!!!!!!!!!

[augustusgloop] 28/11/2018 00:34

'Negotiating a payment plan' ---- LOL

They had $1.1m in Aug - most of which will have gone by now.

Their debts are $38m.

They also have $5.4m of environment liabilities (which must be paid before anything can be paid to other creditors)!

So there is absolutely nothing to pay the trade creditors! {in fact -$5m}

--------------

Chance of any agreed plan = zero!

OMI has been a scam from the start.

They mined 1.3 BILLION dollars worth of shareholder gold.
Took $70m to build a mine.
Paid almost ZERO dividends
and left a debt of $38m.

How was that possible in a very low cost country?

Scammed at least $200 million

[l1tecoin] 27/11/2018 23:15

TRUST IN L1.........................

[l1tecoin] 27/11/2018 23:15

Excellent post on LSE and worth a read on that board compared to the morons here...... Today 21:26 Price: 6.30MisterPositive 13,953 postsNI 43-101 Filing Timelimesas per TSX / Canadian Securities Regulator guidelines; the NI 43-101 Technical Report needs to be filed within 45 Days of the press release in public domain.Continental Gold's "NI 43-101 Technical Report & Updated Resource estimate" is a prime Example.3 dates are involved here:(1) Effective Date of Technical Report...(11 May 2015) (2) Press Release.....(24 June 2015)(3) Date when Report is filed with Canadian Securities Regulator......(7 Aug 2015)45 Day guideline is between dates in (2) and (3) above. Continental filed their 'Buritica' NI 43-101 report on day 44 after Press Release to media.No OpinionReply to postReport post

[l1tecoin] 27/11/2018 23:11

Thanks for all your input @MrBlueface the notes on the agm look very very positive and paint a very clear picture of the future for both orosur & newmont and find those new shareholders very revealing............Trust in L1

[mrblueface] 27/11/2018 23:07

I'd bet a payment plan ;-) also all these new MAJOR SHAREHOLDERS ? Taking a stake in a dud ? Have you emailed them yet "August" ? And warned them about this going bust ? LOL ! NO you won't as these are professionals who have also done due diligence like NEWMONT and know there will be a positive outcome. Good night and I won't be posting again as people (trolls) like you are BENETH me

[mrblueface] 27/11/2018 23:04

The Company has started negotiating a payment plan proposal agreement with creditors. The Company will require the support of more than 50% of creditors by value prior to the creditors' meeting on December 17, 2018 in order to proceed with the agreed plan to avoid other options such as the liquidation of Loryser S.A.

[augustusgloop] 27/11/2018 22:48

At least now you know that the date of liquidation is going to be 17th December.

[mrblueface] 27/11/2018 22:47

I do like the last bit "corporate advisory and debt & commodity related finance." The clues are all here to the outcome of Loryser and my guess would be a payment plan which would be nothing once ANZA is proved up or NEWMONT take us out completely ? Good luck "August" ;-)

[mrblueface] 27/11/2018 22:44

Check out our new interim chief financial officer for Uruguay ? Ryan CohenVice President, Planning & Corporate DevelopmentRyan has worked in the mining sector for over 12 years across a broad range of roles including investment banking, investor relations, corporate advisory, corporate development and operations. He has previously held management roles with private and public companies in the natural resources sector. Prior to that, Ryan was a Director, Equity & Debt Capital Markets at Canaccord Genuity. During his time with Canaccord he advised on approximately US$7.5 billion worth of transactions, including financings, M&A, corporate advisory and debt & commodity related finance.

[mrblueface] 27/11/2018 22:26

Our new major shareholder at 4% is State street - We're responsible for more than 10 percent* of the world's assets. Large enough to serve more than 100 markets, we're local enough to deliver on the ground. This means we're closer to the world's investments; closer to the communities where we operate; and closer to the clients we serve.Our clients face big challenges. Where to look next for growth. How to use the insights from their data. Which functions to outsource. It's those challenges that inspire our solutions. Tapping into the power of our technology, people, insights and experience, we're creating new ways to help you reach your goals. It's what we call "asset intelligence." And it's shaping our way ahead.State Street and McKinsey Global Institute, Global Capital Markets, January 2

[mrblueface] 27/11/2018 22:22

Our new major shareholder at 9% - CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, exchange-traded fund services, securities lending services, foreign exchange processing and settlement, and treasury services

[mrblueface] 27/11/2018 22:12

Funny all these new major shareholders taking a stake in a company about to go bust in your words "August" ? wouldn't you say ? Have a good evening ;-)

[mrblueface] 27/11/2018 21:49

By my calculations major shareholders have increased ! Before in September it added up to 37.8% now it adds up to 44.2% so more shares in sticky hands and explains the tree shakes over the last few weeks ? Good luck all genuine holders out there

[mrblueface] 27/11/2018 21:44

Today's AGM results -

[mrblueface] 27/11/2018 21:25

Uruguay Reorganisation UpdateThe Company has been working diligently to reach a fair and balanced solution in Uruguay in the interests of all its stakeholders. As previously announced, as part of the Loryser reorganisation procedures, the Uruguayan Court has scheduled a meeting of creditors for December 17, 2018. In parallel with ongoing discussions with third parties, the Company has started negotiating a payment plan proposal agreement with creditors. The Company will require the support of more than 50% of creditors by value prior to the creditors' meeting on December 17, 2018 in order to proceed with the agreed plan to avoid other options such as the liquidation of Loryser S.A.

[mrblueface] 27/11/2018 21:24

Considering the need to preserve cash during the current reorganization proceedings in Uruguay, and the exploration focus in Colombia, Ms. Alejandra Lopez, the Company's Uruguayan-based Chief Financial Officer, has agreed to step down from her CFO position effective November 30, 2018. Ms. Lopez will assist the Company in conducting an orderly transition and has agreed to remain available to the Company in the coming months on an as needed basis.Ms. Lopez has been CFO since 2016 and a highly valued member of the Company's management team. The Board wishes to thank Ms. Lopez for her considerable service and dedication to the Company in challenging times and wishes her the very best in her future endeavours.Mr. Ryan Cohen, who has been the Company's Vice President of Corporate Development since January 2014, will be acting as the Interim Chief Financial Officer until a suitable replacement has been found. The Company will, as soon as practicable, commence the search for a permanent CFO with expertise more aligned with capital markets and exploration and development activities.

[mrblueface] 27/11/2018 21:21

Here's the link -

[royscot1] 27/11/2018 21:21

This guy ApplegarthLSE has got to be one of the biggest morons on here. Pay not attention, seriously. 😂🙈

[mrblueface] 27/11/2018 21:20

Just received email response from Ryan at OROSUR asking if he could update major shareholders in the company and he's now updated the website. The price fluctuations make sense now when you look at the new holders - Major Shareholdings: (As at 23 Nov, 2018)Investor Shares % HoldingNewmont Mining Corporation 29,213,186 19.4%CIBC Mellon Global Securities 13,492,856 9.0%Interactive Trading10,211,9046.8%Continental 7,533,2265.0%State Street T

[siday2580] 27/11/2018 20:45

So you went to it did you

[applegarthlse] 27/11/2018 20:13

Great AGM looks like it will be the last one as if a company is NO MORE they can't have one next year ! ;-) LOL ! UP YOURS MUGS THE CURTAINS HAVE COME DOWN!!!!!