Orosur Mining Share Discussion Threads

[wolf_in_the_bath] 18/3/2019 14:29

Writings on the wall now "BUST"

[wolf_in_the_bath] 18/3/2019 13:07

In my opinion this is a BANKRUPT stock walking. You can guarantee this will drop further this week and you'll see more 100k / 50k SELLS ! Could it be NEWMONT DUMPING?

[rhuvaal2] 18/3/2019 10:20

You miss half of the story the way you write......
Let us see whether OMI withers away, you may be right or you may be wrong, let's see ~ I don't mind

[augustusgloop] 18/3/2019 10:08

They spent 15 years claiming that the next year was going to be great.

Nearly all the time they claimed that AISC was much lower than the POG.

If you think that the costs of mining were less than 1% different to the POG over the entire period -- then you are deluded.

The claim when I first looked was that SG could be profitable at $800 per ounce.

I can see no reason why this can't be so - for a high grade mine in a low cost region!

They probably made a profit (real) of 3 million ounces * $300 per ounce = $900 million

Somebody got that $900 million - and it wasn't shareholders.

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

If you thought that they were a break even at best outfit -- why did you buy?

[wolf_in_the_bath] 18/3/2019 10:00

The markets have priced this to go BUST? Who's selling in 100k / 50k chunks at a loss surely?

[rhuvaal2] 18/3/2019 09:56

Not quite right Augustus:
No one got rich
You refer to a previous incarnation
Recent shut-down due to AISC and low gold price, Anza is a different ball game....

[wolf_in_the_bath] 18/3/2019 09:53

This is going LOWER ! maybe they are going BUST NOW?

[augustusgloop] 18/3/2019 09:48

Remember the history of this company.

They sold 3 million ounces of your gold - and CHARGED YOU for doing it!
[For about $3,000,000,000]

Everybody else got rich.

Total scam

And recently they shafted all their suppliers and the government!

[wolf_in_the_bath] 18/3/2019 09:46

Uruguay RNS stated 70% of creditors agreed to a settlement? But with the continuous drop in share price maybe they have changed there minds now and that's the reason for the silence? Orosur ready to go BUST NOW?

[rhuvaal2] 18/3/2019 09:43

And, Mr wolf, you like to see yourself in print .....

[wolf_in_the_bath] 18/3/2019 09:40

2p breached this is going LOWER NOW ! Isn't good and looks like it may be going BANKRUPT?

[wolf_in_the_bath] 18/3/2019 09:21

Another day another constant drop. Someone is continually SELLING in 100k / 50k chunks ! What do they know? Why do it now when they could have sold months ago a lot higher? Markets are pricing this to go BUST?

[rhuvaal2] 18/3/2019 09:12

everyone here has an 'agenda'

[wolf_in_the_bath] 18/3/2019 09:02

This will go LOWER my friend, still silence from the company on all fronts. Disgusting and could still go into administration?

[skidaddle] 18/3/2019 08:33

Which is why I only bought a few.

I might average down if it goes to 2p.

[wolf_in_the_bath] 17/3/2019 22:16

With the share price falling continually each day this could go back to 2p and if I was any creditors in Uruguay I'd want a few more shares on the table NOT THE 10 MILLION on offer? The Uruguay deal could fall through then OROSUR could be forced into administration?

[wolf_in_the_bath] 17/3/2019 22:13

So read *BANKRUPT* below, bloody predictive txt

[wolf_in_the_bath] 17/3/2019 22:12

If Uruguay isn't sorted soon this could go bank rip as the thread title suggests?

[wolf_in_the_bath] 17/3/2019 21:28

Don't forget Uruguay court preceding's, still NO UPDATE which was promised in first half of 2019? Soon we will be in Q2. Uruguay court preceding's needs to be agreed by debtors and signed off by the court. Until then OROSUR IS STILL A GOING CONCERN ! Which could go BUST? Newmont could sit on ANZA for years and even moth ball and focus on other projects like with Barick?

[wolf_in_the_bath] 17/3/2019 21:24

Your wrong, I forecast a very few grim couple of months with no updates or news on any front which will harm the share price even further. Maybe seeing the lows like 2p ?

[skidaddle] 17/3/2019 11:13

Barrick Gold ends hostile Newmont bid, signs Nevada joint venture

"By combining their operations in the southwestern U.S. state, which is home to one of the world’s largest gold-producing areas, Barrick and Newmont hope to save more than $5 billion over the next 20 years."

That would suggest Newmont may have more money to spend on other ventures in other geographical locations like Anza. This Barrick thing is no longer an issue imho.

Newmont would have been aware of the the forest protection orders before the farm-in as it was EXTENDED on 22.10-18. Things change/accelerate when a big hitter appears on the scene.

And yes I bought a few at 3.40p

[rhuvaal2] 16/3/2019 10:26

I would prefer "their" money...

[mrreagan] 15/3/2019 21:13

The drop in share price tells me "the writing must be on the wall" with NO updates on either newmont or Uruguay court preceding's a lot of investors have had enough. This could take years to recover and gain trust of pi's looking to invest there money?

[therealapplegarth] 15/3/2019 16:35

This is a DOG NOW ! Could take years and years for any proper work carried out if this protection order for forest is still in place or extended! Who knows it may NEVER BE LIFTED and would mean that the whole ANZA asset can't be discovered ! Silence from the company isn't good and makes you question the MASSIVE SELLS EVERY DAY ? Who's dumping ? Is it NEWMONT ? won't know until whoever has finished