Orosur Mining Share Discussion Threads

[richgit] 05/10/2020 14:49

Jodalu.

I would only suggest some caution with GGP as its Market Cap of circa £850Million
makes POG (with its known Big guns as an immense producer) look like petty cash
valuation.(which I daresay it currently is )



To double your money you now have to expect GGP to be worth near £2 Billion !!!

But then if GGP somewhat represents Baltimore in the early days of the Dot-Com era
- then who knows what value !!?

..... arguably good for all Gold related stocks if indeed we enter the Dot-Com era
of Gold/Silver that I have predicted (with bad timing ) for several years now.


IMHO

[jodalu] 05/10/2020 14:46

ps
as ANZA is the only asset here i suspect they will raise money to get some other at least to justify directors wage as at the moment they have no work to do

[catchingmice] 05/10/2020 14:40

Fair explanation and as it happens I've got WSBN on my watchlistSeveral more announcements on that one before year endI listened to the interview only last week from RPCould be another good long-term investmentGood luck

[jodalu] 05/10/2020 14:34

Catch

let me start saying that i like omi very much and i am invested in it but not to the extent of ggp or eua (mostly due to the great rise of both company) and if you dint mind i like to clarify some fact that have been said of the BB by others

GGP is a lot more advance and as a lot more project
Newmont walk away from Havieron (GGP) in favour or OMI. NOT true Newmont walked away from a different project that preceded drilling in Havieron
newcrest own75% of GGP not true Newcrest will eventually own 75% of Havieron but nothing of all the other exploration within the area.
ggp will need much more capital than OMI to reach production, i don't believe so as part of the agreement they will use Telfer and omi free carry is only for exploration the rest will be covered by reduction of 90% from time of production.
clearly been in Austalia is better than columbia too
having said this i like Omi but there is no comparison between if you want make some very vague comparison buy WSBN as they land an asset no far from Havieron and if they find anything at all this will rocket too clearly long time required not even sure that are going to do anything yet

[huncher] 05/10/2020 14:24

Why do they waste their time with such an obvious shake - they have clearly run out of ideas.

[tidy 2] 05/10/2020 13:55

And the cap would still be 4 times less than theirs. No overheads here no dilution free carried. Only 48% of the 160m shares in free float and its also duel listed on the Toronto Exchange

[catchingmice] 05/10/2020 13:45

Over a 6 month period GGP has gained almost 3,000% and now currently has a M/cap of approx 900 millionOMI Current M/Cap 28 million 160 million shares in issueThe mind boggles and even if it did half of that 1,500% over let's say 12 months then i think we would all be happy bunnies

[catchingmice] 05/10/2020 13:30

I'll take that for the short term but I'm holding mine for a good few years and will add accordingly when i raise funds from capital or switching several holdings from time to time

[tidy 2] 05/10/2020 13:09

I have 24p on my chart next but past 18p there is nothing much holding it back all the way to 32p.

[tidy 2] 05/10/2020 13:08

Piecing together Buritica results and the 2 majors fee carrying OMI plus the drill results to date which are better than Buriticas outstanding results and the fact Newmont sold its position there in favour of Anza I think we have a lot we can speculate with. Buritica 3.6m oz identified with 5.5m oz inferred.

[catchingmice] 05/10/2020 13:05

Friday's year high broke but the question is where do we go now 20p-25p possibly this week ?I don't know I'm no chartistLOL

[tomboyb] 05/10/2020 12:58

Doing incredibly well -

[highly geared] 05/10/2020 12:52

Very strong buying/momentum after early doors sell down. Bodes very well for a continued rise. Despite my reservations about getting a preliminary resource declared to articulate value, the JV investment seems to speak for itself, along with the historical grades.

[tidy 2] 05/10/2020 12:51

Only 50m cap at 31p

[bmwman3] 05/10/2020 12:42

Raising to encourage sells buy there of very small volume! They'll have to move it more soon if they need shares!

[bmwman3] 05/10/2020 12:38

30p plus I honestly believe!

[telbap] 05/10/2020 12:33

This smacks of a Re rate .......but to what value?

[bmwman3] 05/10/2020 12:26

16.75pReal ask don't be fooled - never seen anything like these relentless tactics as they don't have any stock! Hold hold hold

[bmwman3] 05/10/2020 12:24

Interesting order books on L2...average 17.6

[bmwman3] 05/10/2020 12:18

I posted calcs based on this and some know it all accused me of drug taking ramping!

[catchingmice] 05/10/2020 12:16

Not a bad read though is it ?

[catchingmice] 05/10/2020 12:14

Should smash through last Friday's year high of 17p quite easily pretty soon

[bmwman3] 05/10/2020 12:14

You can't post things like that! You'll get accused of being on drugs like I did lol

[catchingmice] 05/10/2020 12:10

https://www.fxempire.com/forecasts/article/gold-forecast-how-gold-prices-could-exceed-10000-676061

[bmwman3] 05/10/2020 12:02

The free carry carrot is too appealing to not be part of the rerate here. You know a keeper when you see it. LSE poster but sums out position up nicely!