Orosur Mining Share Discussion Threads

[jayminpatel1] 20/10/2020 15:10

Finally reality

[telbap] 20/10/2020 15:03

All I see is buying, price goes down, more buying, etc etc etc......

[gregpeck7] 20/10/2020 15:00

With gas prices rallying time to buy enw.

[telbap] 20/10/2020 15:00

23mln mcap is not crazy, even upto 40mln , nothing goes up in a straight line

[allstar4eva] 20/10/2020 14:25

What do you think? What price do you think if the initial drilling goes well?

[mufprat] 20/10/2020 14:19

No that wasn't the question Tidy.

What's changed? OMI already had one major, why does two make such a huge difference?

I get the sentiment thing, and the grades and the free carry, but was OMI's share price really undervalued by a factor of 7?

[tidy 2] 20/10/2020 14:14

You want to know why 2 majors are paying 100% of operations at Anza, supplying all personnel equipment infrastructure and expertise free to OMI plus cash payments?Watch the CEO last interview from last week. Anza in top 2% gold prospect available in the world So Newmont retains 37.5% Agnico retains 37.5%Both share all costs and pay OMIOMI retains 25% free carry and receives cash payments. Anza gold grades world class

[allstar4eva] 20/10/2020 14:12

Sentiment drives the stock market. The addition of two majors plus imminent drilling campaign plus improved market sentiment. Rising prices also attract attention and if the story is good people will have a punt. Risk reward was clearly completely out of kilter and the share price has risen to correct the balance.

[mufprat] 20/10/2020 13:54

No one willing to try and explain why two majors vice one has made such a dramatic impact on the share price / Mkt Cap.

[catchingmice] 20/10/2020 10:24

40p coming again sooner than i thoughtThe sensible are topping upLOL

[catchingmice] 20/10/2020 10:20

I would have added more in here but chucked some in Cobra yesterday with nothing but NT over there for most of the day.I'll hang on for results over in that one and then plough some profits back in hereThis is atleast a 1-2yr hold for me

[catchingmice] 20/10/2020 10:16

Well done No point chasing risers in my view I've done that in the past but not anymoreI can handle dips as in here they will only be short lived

[tidy 2] 20/10/2020 10:15

Ref pat. If if if is the problem. OMI already has the big deal with a deal you will struggle to find on the market 2 leading majors funding 100% free carry to OMI plus cash payments and highest grades of gold

[tidy 2] 20/10/2020 10:10

Added here.

[catchingmice] 20/10/2020 10:01

New pi's will now come in on this drop and holders will add it's just a merry-go-roundGood opportunity in here mid 30's as it will be 40p + again in a short space of time

[qs99] 20/10/2020 09:51

tidy, I don't necessarily disagree, but PAT has moved from 5p to 15p in a matter of days, so if it does sort its court case out then it could go a lot lot further IMO, similar graph to OMI!

to be fair to PAT, it also has plenty of other assets it isn't a one trick pony....

DYOR and let's see. Still a fan of OMI

[tidy 2] 20/10/2020 09:44

Why chase rainbows with PAT and court case hanging over its head. Omi is the real deal funded 100% by 2 world leading majors plus cash payments.

[qs99] 20/10/2020 09:35

took profits in 40s, lots of people will after that rise I am sure.

PAT moving sharply, worth a look IMO...DYOR etc...

will trade OMI as think the Newmont angle is really interesting and obvs value there

DYOR

[thecynical1] 20/10/2020 09:33

Wher did Kcowe come from??? 🙄🙄🙄🙄8580;🙄

[mufprat] 20/10/2020 09:27

Tidy - OMI was 100% fully funded with one major. I'm curious as to why the introduction of a second major has resulted in a 7 fold increase in the SP?
There's no doubt that the drill results were stellar, which begs the question as to why Newmont gave up 50% of their share?

[tidy 2] 20/10/2020 09:22

Hit first support and buys start pouring in.

[kcowe] 20/10/2020 09:18

big slam down incoming if 35p dont hold.

[thecynical1] 20/10/2020 09:15

Catching mice- 👍👍👍👍

[pigeontrader] 20/10/2020 09:06

This will be a quid soon ! Hold for the bags