Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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*************orosur_mining
telegram link
*************+spycvgjwevrkzwy8
decided to create a new orosur mining telegram group. really this came about as there wasn't a public forum for folks to chat about all things omi. positive and negative comments are more than welcome, more the merrier... everyone is welcome in this group. anyone that wants to join just click on the link provided. genuine link. see you there :)
*************+spycvgjwevrkzwy8
Streamlined 100% Anza
APTA drillholes highlights below
MAP 20 - 41m @ 3.85g/t Au
MAP 21 - 18m @ 14.14 g/t
MAP 33 - 22.4m @ 10.42 g/t
MAP 38 - 40.5m @ 14.09 g/t
MAP 43 - 64m @ 1.88 g/t
MAP 48 - 14.7m @ 40.37 g/t
MAP 60 - 25m @ 4.86 g/t
MAP 72 - 70.5m @ 3.35 g/t
MAP 73 - 21.6m @ 6 g/t
MAP 79 - 23.75 @ 17.4 g/t
MAP 89 - 59.55m @ 9.61
MAP 91 - 61.75m @ 2.05 g/t
Most holes had Ag & Zn credits also
Pepas, to the north.
Nine holes drilled
The first hole PEP001 hit 150.9m @ 3 g/t Au from surface.
PEP007 80.55m @ 3.05 g/t
The fact that the Brazil project has been ditched should tell you all you need to know, the clues are always there! What's another few weeks delay compared to the last 12 months we have all endured? It just gives everyone a little more time to prepare the groundwork for drilling to recommence.
I don't see any further placements until the first results are back from Pepas and the Mining Journal Select conference and been and gone, which is 1st/2nd July. It's all to play for, despite the ridiculous rantings of Bharmatt and Leegav.
Good recovery in the share price. Wasn't expecting that if i'm honest.
Our two resident derampers will be forced to bid up the price if they want to buy back in!
SP consolidating well....not bad for the next round of overhang.
Back to 4.75p to buy (despite the lunatics re-appearing this morning to spread their bile). Suggests that there aren't that many cheap shares left in the lower 4s now, and buyers are ready waiting to catch any that become available. Bit annoyed with myself at missing the opportunity to take some more in the lower 4s.
Tbh, I don't mind the extra month. Gives more time for the share to consolidate and rise into the news. All imo and GLA
Still easy to sell and creeping up, can sell 750k at 4.46p now. Brazil off the books should get cash burn down. Argentina exploration will now be wound down and more or less on hold until back end of the year due to harsh Patagonia winter. Nigeria steady away for now until Anza resolve and up and running. Hopefully cashburn will have decreased until all the exploration kicks back off.
It was almost inevitable that April end was an overhopeful timescale as are the 3 day turnaround in tests imv.
Further delays shouldn’t be ruled out either.
Meanwhile Omi carries on burning between $150/200 k p month. So there is 8 months of funding without doing anything. Another raise to come straight after conclusion of deal imv and anybody’s guess at what price. Hopefully not at the ridiculous discount and price of last one.
Keeping my average to 4 p and not ruling out possibility of adding some sub 4 p in the next month.
Meanwhile mr donut Bitcoin miners looking v good ! 😜
Short term gain looks good on this. Just bought some more :)
Limited opportunity to buy cheap shares again. This will tick up again as we get closer to news. There was always a chance that news would land in May due to the nature of the transaction. Good to see all the preparation work being done and the termination of the tin JV. All point to resumption of the business focus on Anza.
Brad told me in an email of 16th April, "The DD is mostly being undertaken by external legal and accounting teams as is best practice. " So Sharetrader is right to say that the delay is outside Brad's control.
I'm in. Looks a decent risk trade at these levels. The resource is there. Matter of going through the hurdles. Taking back full ownership was an excellent move. Financing will be critical.
That's what I called a balanced view.
From Orosur's X page a few minutes ago shows a least brad's thinking of preserving as much capital for Anza.
Still got a hell of a lot to prove to shareholders though in my eyes. Time will be the judge brad.
"Observant readers will have noted from today's quarterly we have decided to wind back our involvement in the Ariquemes tin project Brazil. An excellent project in a very buoyant tin market, but we cant do everything. In a tight capital raising environment we have to focus, and so the board have determined we need to keep our powder dry for Colombia."
Invest for what’s to come and it’s not speculation knowing the gold grades are huge and plentiful.
Hope it is leemattwat. I'll buy more 😆 🤣 😂
You need to stop being obsessed with brad think you have problems there I think you need to seek help 😆 🤣
Also it's not really a delay. It was said in last RNS end of April at the earliest. Most likely it will come somewhere in between. Good luck all.
Good to see genuine investors believing in the story that Orosur are trying to create. These processes take a little bit of time, legal eagles are obviously pouring over the fine print. Traders that wanted to trade left the building ages ago. It is really difficult to build up decent stacks here. When no one wants them no one wants them, but when they do, they really do. I must say it is ashame about the tin, but I suppose there had to be a casualty and focus had to be on the projects that have the best shot for the company. They seem to be really bullish on Argentina.
Yet another let down.
Share price down over 5%
By close at 5pm today it will easily be under 4p
Brad the great delivers another price of negative news yet again!
Mugs all over.
Oh well got until prob mid May to Fill my isa out with these bad boys just have to get my entry price right.
Mrdigit,
Yes you don't sound like bashing to me, and usually stay clear of the posters in pack of wolves. For that I never see you in bad light.
They get what they deserve.
Gl.
*Precious metals industry
Dr- that's some glimpse of encouraging sign...as people can sell or buy large after an RNS for sure.
I hope it doesn't dent much.