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Orosur Mining Share Chat (OMI)



Share Price: 7.20Bid: 7.00Ask: 7.40Change: 0.00 (0.00%)No Movement on Orosur Mining
Spread: 0.40Spread as %: 5.71%Open: 7.50High: 7.75Low: 7.20Yesterday’s Close: 7.20


Share Discussion for Orosur Mining


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Webbs
Posts: 920
Opinion:No Opinion
Price:7.20
RE: December report
Today 14:06
MM’s know they will have to give this a proper re-rate in December so will play with this till then to get cheap shares.
 
Webbs
Posts: 920
Opinion:No Opinion
Price:7.20
RE: December report
Today 14:02
I think it will be more then that in the next 12-18 months. If it’s not I am going to give up the Wild West they call aim.
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.20
RE: December report
Today 09:28
I am very much looking forward to the Dec Technical report & Maiden resource Update for Anza.

That should just be the starting point of a significant re-rate coming up in 2019 and beyond. Key is early entry while it's cheap.

Newmont effect not fully priced in here.

* Buritica maiden resource in 2011 was:

630,000 oz Gold (M and I)
2,500,000 oz Gold (Inferred)

* Fast forward Buritica to 2015.

4,710,000 oz (M and I)
4,800,000 oz (Inferred)

and rising as they found more gold and it gets better and better. Next NI 43-101 compliant Buritica resource Update is due in H1 2019. Combined resource at Buritica could be well over +10 Moz from +9.51 Moz currently in my opinion.

Anza should follow same trend with significant increase in future resource size after Dec 'Maiden' resource Update.

I see OMI between £1.00 to £1.50 range within next 12-18 months time frame....without a doubt in my mind and still would be only £150m MCap at the low end.
1onic
Posts: 1,784
Opinion:No Opinion
Price:7.20
Pretty
Sat 14:10
Symmetry here, early next week should give a good indication of direction.

https://ibb.co/dXGRs0
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: December report
Sat 10:48
It takes a while for certain things to take a shape and mature. I'm not here for short term so it doesn't matter what date in Dec or after.

But, I do share some concern of misinterpretation vs expectations.

Like- I was expecting some drill news 'shortly'
I was expecting some news on Board vacancy
I didn't expect to see the Sp at this level with NM support

Likewise- "The Company 'EXPECTS' to be able to file the report in December 2018." which means it may or may not happen in December?

Overall, I'm optimistic, but find it challenging to keep up with excitement on weekly basis.

I conclude, I've to be prepared to expect the unexpected and odds to see better pasture outweighs my
concern.

For now, GC is my hope and support, based on previous studies and Lets see what the next week
brings on the table.
Icarus69
Posts: 76
Opinion:No Opinion
Price:7.20
RE: December report
Sat 10:35
Is that your way of saying “you wouldn’t want to be out of this in December Vcjain?” 😂
Hertstrader74
Posts: 1,402
Opinion:No Opinion
Price:7.20
RE: December report
Sat 10:25
Well you wouldn’t want to risk report coming out early December so my guess is volume and sp should increase to around 12p in a couple of weeks. Does seem crazy undervalued and such a small market cap
vicjain
Posts: 2,446
Opinion:Strong Buy
Price:7.20
RE: December report
Sat 10:25
No actual date in December has been given which is good imo. It means it could drop any time and so wrong foot those waiting or trying to predict an entry point. Not worth the risk of being out of this especially when December arrives
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: December report
Sat 09:53
COLOMBIA UPDATE

Orosur has commissioned a technical report (“43-101 Report”) to be prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) on its Anzá Project. The Company has engaged an independent Qualified Person (QP) from Andes GMS from Chile to complete the NI 43-101 Report. The Company 'EXPECTS' to be able to file the report in December 2018.
Yuri1
Posts: 540
Opinion:No Opinion
Price:7.20
RE: December report
Sat 09:21
Lol
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: December report
Sat 09:14
Any day between 1st till 31st.
Hertstrader74
Posts: 1,402
Opinion:No Opinion
Price:7.20
December report
Sat 02:17
Hi all. When in December is the report due?
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.20
RE: OMI
Fri 19:34
Only 10 trading days away from Dec.

Volumes should pick up in coming days as we get closer to Dec each day.
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: OMI
Fri 18:50
EMA 50 is still whisker away. Sp held above 7p today. And I honestly don't understand the contribution of OMI.TO so far.

Overall, pretty much flat week with GC scopes getting little better than before.

Lets see what next week brings to the table.
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: OMI
Fri 18:50
EMA 50 is still whisker away. Sp held above 7p today. And I honestly don't understand the contribution of OMI.TO so far.

Overall, pretty much flat week with GC scopes getting little better than before.

Lets see what next week brings to the table.
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.20
RE: OMI
Fri 14:05
Log off and go to the Pub day! :)
MisterPositive
Posts: 13,891
Opinion:Strong Buy
Price:7.20
Dec Gold $1223.40
Fri 14:01
Brexit drama and all ongoing Trump shenanigans are enough to storm this much Higher in the coming year.

Makes Anza high grade Gold deposit even more attractive with robust project economics.

Looking forward to maiden resource Update in Dec...not far now.
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.20
RE: tech question
Fri 13:13
1) Would depend if its all Cash offer then you would simply sell all your shares at the Offer price.

2) If it's combination of Cash + Newmont shares, only then there might be some admin involved, as you would then hold some Newmont shares in an International trading trader/investor Account.

Holding Newmont shares should entitle you to future dividends while retaining ALL Upside from Anza gold deposit.

3) Newmont might simply Buy Out Anza deposit for CASH offer. OMI might then pass on all or most of that cash to shareholders as a 'Special Dividend'.

So lot of options to look forward do.
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.20
RE: OMI
Fri 13:05
Low volume so far today...
gazlad
Posts: 4
Opinion:No Opinion
Price:7.20
tech question
Fri 11:33
Had these for a while now - Question if Newmont buy out OMI do PI shares automatically transfer over - or is there admin to do ? Sorry if this is a simple answer to most
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.75
RE: OMI
Fri 09:52
Ask moved to 8p
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.50
Gold Dec Ftures $1218.50
Fri 08:31
On the rise.
bhargav
Posts: 3,474
Opinion:No Opinion
Price:7.50
RE: OMI
Fri 08:28
HRS

Last month I was expecting some update, but once the news of Dec report sink in I can understand there is no reason for pointless RNS prior to that, except we may see a reminder RNS for AGM meeting on 27th.

Apart from emailing to Ryan Cohen, one can attend the AGM and ask any question of interest too.

This is not a 'find of the decade, surface nuggets, MMI sampling, Rock chip sampling type of company to keep the investors on tender hook'. And they don't have to since NM shake hand. Apart from that, it is good sign that they would go for the Dec report to keep the record straight.

Typically, they do 0-3 RNS each month.

Thanks for your posts.
MisterPositive
Posts: 13,891
Opinion:No Opinion
Price:7.75
RE: OMI
Fri 07:58
In my view, should see over 50p in 2019 or even higher on early Buy Out of OMI by Newmont.
MisterPositive
Posts: 13,891
Opinion:Strong Buy
Price:7.80
RE: OMI
Fri 07:56
HRS

Thanks. No worries mate.

We getting closer to exciting times ahead starting with Dec Technical report and maiden resource Update just for starters.

2019 should be very good year for all here including Newmont & Continental.




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