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EXCLUSIVE: Alastair Smith, Avacta Group CEO gives an Operational Update


Orosur Mining Share Chat (OMI)



Share Price: 8.15Bid: 8.00Ask: 8.30Change: 0.00 (0.00%)No Movement on Orosur Mining
Spread: 0.30Spread as %: 3.75%Open: 8.05High: 8.35Low: 7.85Yesterday’s Close: 8.15


Share Discussion for Orosur Mining


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MisterPositive
Posts: 12,948
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 23:21
Yuri,

There should be regular updates once Newmont get drilling soon.

I would expect multiple Rigs at work once Newmont get going. They don't hang about.

Looking forward to similar high Gold grades.

Newmont effect still not fully priced in yet on my view.
 
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 23:06
I'm guessing you guys have poured most of your money into this
MisterPositive
Posts: 12,948
Opinion:Strong Buy
Price:8.15
RE: Is it 80p yet?
Sat 22:41
If we just use Continental Gold's Buritica Gold deposit NPV $860m as proxy valuation, being similar in size and profile to ANZA, you should get an idea of where price is headed for OMI in coming months.
DegsyAlmomd
Posts: 24,688
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 22:00
The gold results and Newmont backing does not lie.

OMI drilling gold grade results

219 g/t
176 g/t
72.3 g/t
70.99 g/t
58.03 g/t
45.62 g/t
40.37 g/t
40.25 g/t
29.49 g/t
20.89 g/t

These are world class and derisks OMI.

Indisputable facts.
dcfar12
Posts: 3,562
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 22:00
The grades are impressive.
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:59
If he ramps it and we all make money, then fair play to him but we need OMI to make it more appealing with regular updates.
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:52
You have to look at Degsy´s posts and think hard and then harder...why does he always get it wrong? In fact I´ve been secretly following his ramps looking for something to short.
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:43
They better pay dividends or everyone is going to cash out once it peaks
DegsyAlmomd
Posts: 24,688
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:40
Look at those fabulously high gold grades from core drilling. Wow wow wow :))))

OMI drilling gold grade results

219 g/t
176 g/t
72.3 g/t
70.99 g/t
58.03 g/t
45.62 g/t
40.37 g/t
40.25 g/t
29.49 g/t
20.89 g/t
DegsyAlmomd
Posts: 24,688
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:38
80p - £1 will come.

So far 10% of Anza drilling results returned the following grades enough for NEWMONT to get on board to fund them to production. Don’t get better.

OMI drilling gold grade results

219 g/t
176 g/t
72.3 g/t
70.99 g/t
58.03 g/t
45.62 g/t
40.37 g/t
40.25 g/t
29.49 g/t
20.89 g/t
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:38
Hahaha :D My only suspicion is why are the trade numbers so low if this is such a no brainer profit machine?
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:25
You see on the chart the spike around September 2010 from 22p to above 80p...What caused that?

This perhaps...
https://www.investegate.co.uk/orosur-mining--omi-/bus/orosur-mining-inc-announces-results-of-the-feas---/20100907091500Z9195/

or this...
https://www.investegate.co.uk/orosur-mining--omi-/bus/orosur-mining-inc-announces-positive-drill-resu---/20101005070000Z3229/

or maybe it was just Degsy ramping the shit out of it again before everyone cottoned on to him 🙄
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:16
Yuri1, it has to get to 22p first. After 22p it spiked to above 80p over 7 years ago. Since then.....take a look at the chart...

https://postimg.cc/VJKrXtfb
DegsyAlmomd
Posts: 24,688
Opinion:No Opinion
Price:8.15
RE: mr positive
Sat 21:12
Seems I touched a nerve :))) losers.
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:05
I'd be happy if it hit just 15p. 80p would be life changing :)
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 21:02
80p...Ask Degsy, He knows.
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Is it 80p yet?
Sat 20:58
With all this 80-100p chatter, is this in around 6 years time? Or by Christmas?
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
Is it 7p yet?
Sat 20:57
NEARLY!
JohnnyB.Goode
Posts: 3,090
Opinion:No Opinion
Price:8.15
Is it 80p yet?
Sat 20:56
NO!
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: mr positive
Sat 20:47
All the excitement is with sky at the moment being bought out by Comcast. Share price will be up on Monday.
DegsyAlmomd
Posts: 24,688
Opinion:No Opinion
Price:8.15
RE: mr positive
Sat 20:35
Seems Holders are happy with their positions here. Only 1 bear scratching his little head.
Inner-Harmony
Posts: 9,899
Opinion:No Opinion
Price:8.15
mr positive
Sat 20:02
not much interest here today ...

unsure what that means ... almost all investors are PI's ... mmmm
MisterPositive
Posts: 12,948
Opinion:No Opinion
Price:8.15
Continental Gold and OMI
Sat 11:19
Both have one common element: NEWMONT

Plus Continental Gold itself is 2nd Biggest shareholder in OMI after Newmont took 19.9% Equity stake.

Newmont got in very cheap at 9.1c and know they going to make a very substantial ROI here as they fund Anza to commercial production giving OMI 20% free carry.

Continental Gold's "Buritica" gold deposit has NPV $860m and similar to OMI only got 141.8m shares in issue giving them C$8 per share. So Newmont got in cheap paying C$4 per share. As per their CEO Ari Sussman, Newmont wanted even bigger stake, but they restricted it to 19.9% as they want any Major to pay for the upside if they want to acquire us later on.
Yuri1
Posts: 24
Opinion:No Opinion
Price:8.15
RE: Omi
Sat 09:50
I can't imagine they will, but if they don't want people selling off once it begins to peak they should introduce a dividend to keep people interested
Mikey279
Posts: 609
Premium Chat Member
Opinion:No Opinion
Price:8.15
RE: Omi
Sat 09:28
i guess, looking at the grades and our neighbours on the Cauca belt £300m+ is more realistic




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