Orosur Mining Share Discussion Threads

[jackbal] 17/8/2021 18:37

Think we need a positive rns with the volume to clear away the loryser cobwebs.

See quite a few catalysts in the near term for that to happen. Roll on September, barring a stock market crash 30p plus isn’t ambitious imo

Also Gold price relatively (and imo surprisingly) low. Expect that to correct itself and boost sentiment on this type of play.

[goldiebullrun] 17/8/2021 16:26

Exactly, if it wasn’t for Loryser exiting who knows what price we’d be at. Can’t see Newmont walking with the results we’ve had, if they do then Agnico will solely JV with us. I think we’ll be substantially higher by Mid - end September. Easy money at these levels.

[overdale123] 17/8/2021 12:11

Level balance of trades keeping share price steady ahead of expected positive news on drilling and assays. Gla.

[jackbal] 16/8/2021 12:59

The Loryser forced selling creating a perfect buying opp imo.

[overdale123] 16/8/2021 12:59

I try to base my opinion on the listed trades and the recent RNS releases

[jackbal] 16/8/2021 12:58

Nobody is trying to day trade this spread unless they are severely mathematically challenged.

Ultra bullish and overweight on this but it’s just sentiment and large scale holder exiting that’s causing the lethargic share price

Certainly not day traders.

[purchase_atthebottom1] 16/8/2021 12:44

Overdale, Be careful not to listen to fantasy trader telling lies stresshead,we have caught the silly sausage out elsewhere also.

[overdale123] 16/8/2021 12:41

Good to see the share price holding up reasonably well ahead of the expected good news on assays and drilling. This despite some day traders trying to make a couple of quid on the small movements.

[purchase_atthebottom1] 16/8/2021 12:37

Stresshead telling more porky’s , said he was holding 161k🤣


Stretford1964 - 30 Jul 2021 - 11:30:19 - 18516 of 18856 Close Brothers bring SAGA to market - SAGA
A good week so far. Just topped up here and managed to buy some more OMI shares on the cheap Tuesday. Now holding 161,178 OMI with an average of 16.9p. Very pleased with that. GL to all the true SAGA investors. Excludes poor DIOHAHKU of course. Lovvvvvvvely.

[stretford1964] 16/8/2021 12:28

Just sold the 70,000 shares in my trading account (3 x 20,000 and 1 x 10,000) for a handsome profit. Keeping all the shares in my ISA (nearly 190,000) for a minimum 3 years. .

[purchase_atthebottom1] 16/8/2021 11:59

Stresshead your fooooooked 🤣

[freefall3] 16/8/2021 11:30

So if Newmont walk away as many are now suggesting, where will the share price be in a months time ?

[stretford1964] 16/8/2021 11:09

Unfortunately PURCHASE_ATTHEBOTTOM1 missed out on the recent spike some weeks back because she failed to do her research. Meanwhile many of us made a nice profit and then bought back on the drop. Let's hope for some good news soon. Drill results still awaited and news as to whether Newmont wish to continue taking the Anza gold exploration project forward. If not, I'm sure Agnico will step in. I intend holding long term to see how this plays out. GLA

[purchase_atthebottom1] 16/8/2021 09:21

Stresshead didn't do his homework 🤣

[pete160] 15/8/2021 18:45

I agree with vicki - I don't see it as a given.
I've recently increased my modest holding here as I think /hope we are relatively safe at these levels, but I too have concerns on drilling results, share dilutions from equity on new purchases and a lack of buy-in from the BOD.
I still don't understand why Newmont are not buying all of the OMI equity now - particularly when there is a relatively forced seller, rather than wait for more drilling results to (hopefully) confirm good quality and quantity.
The mkt cap of OMI is what £ 35mil. They could probably buy most if not all of OMI for £ 50-60 mil. So long as they believe that there is £ 50-60 mil worth of product to extract from the companies reserves at some point then(other than the cost of extraction) it is a bit of a no-brainer for them. Surely?

[vickiitwo2] 15/8/2021 15:27

something in the background nagging away with this i feel. Vey good drilling results but I cant help wonder why the legal guy left with what seems like plain sailing ahead. Did he sense something about licences and why did the CEO purchase a paltry amount around that time and no other director.
Why too have the jv's not already committed after quite some time now. Although September may be the deadline i would have thought it would be a no brainer. The reasoning simply they were in no hurry doesn't make complete sense as they seemed in a push for the drill results. Its not a given here, hence the sp

[purchase_atthebottom1] 14/8/2021 19:40

Both Loryser and Continental selling = brown pantys for stresshead

[gekks] 13/8/2021 12:43

Yesterdays top up was nicely timed for once - gold trending back up - just await news here

[qs99] 13/8/2021 12:05

Graph looking interesting again

[tidy 2] 13/8/2021 11:47

2nd day blue

[freefall3] 12/8/2021 17:37

Interesting end to the day trading !

[goldiebullrun] 12/8/2021 10:56

You may well have timed that impeccably. Can sell my full holding in one shot which is not too many though reading LSE MMs will take upto 600k. Is the run about to happen……

[stretford1964] 12/8/2021 09:53

Just managed to pick up those 28,500 shares I mentioned on Monday. Got them around 09:50 for 0.1698, on a T20 as well. Pleased with that.

[stretford1964] 12/8/2021 08:59

I wish this would drop just a little so I can get my 28,500 top up. I thought this was headed back to 0.16 or lower. If it doesn't drop today I may buy tomorrow, even if I have to pay over 0.17. Won't make much difference really and news should be just around the corner. GLA.

[romeoandjuliet] 12/8/2021 07:48

Interesting how the downward pressure every time it rises since last October has all been related to UruguayThat will soon all be over and it's up up up and away