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We may witness good volume of buying tomorrow...as we get closer to 6th Sept...and what it seems a webinar coming on the day.
The last top up today scooping up 47k shares was mine. Brings my average down to 11.2p
Today's SP drop seems to be overrated as I can see a few chunky buys on both London exchanges pretty much tight to sell figures...perhaps wide spreads has its own ways to dictate the mid price.
Anyway...
Jackbal-...I know what you mean in the context of name changes ...but, that's what I believe the majors would like to see (based on Brad's email to investors).
It may not be fool proof, however, in that part of the world where most local people may not be aware of AIM, Omi, website, English language etc..it could cleverly work as deterrent to keep some excruciating demand of the locals and/ or illegal miners to some distance...(?).
Hi, Jackbal
This thought (about the name changes) had crossed my mind, too. There is illegal mining in Colombia; but whoever's doing it, is quite capable of doing basic research on the internet.
Best wishes
Dr R,
The whole name change thing is quite funny to me if the reason is to confuse the locals..
It’s as omi/JV partnered assume the local's can’t simply look at OMI website for the new target names!
It’s either in the public domain or it isn’t.
Maybe and probably I just don’t get it but as a security measure the “name change” just seems silly to me
Webbs - you really are quite emotional about OMI arent you
Hardly any selling this morning really. Esp versus buying yest.
And had you checked you’d have seen we were being offered fixed prices for large quantities around 7.87p… with a buy still up well over 8
So the shares were wanted, those few that were sold.
The next 10-12 trading days, I suspect, should follow a similar ish pattern. If not beyond.
Higher high
Higher low
Is every minor pull back to be branded a dump?
Anyways… good luck to all invested. The ascent is finally here it seems. Exactly as expected by many timing wise. Who all probs averaged down along the way or are buying back in.
Whatever it may be.......Pump or Dump crew is back or not, I won't risk selling any at this stage and I may add a few at this level for what's to come next month moving into the 4th quarter.
I agree Jackbal phase 2 is 99% on, as with the name changes this is also a good positive sign, they are currently all name relevantly to nearby towns / areas. This will soon change and should make it harder for unwanted attention to target specific areas. Cmon Brad, finally deliver for shareholders.
Managed to buy some more to avg down again yday and decided to try and put a bet on today.
IG still no longer accepting long bets, stock still very much in play imo
Still looking for a 20p exit this year. Good luck all whatever your plan. We have all suffered much frustration and disappointment but some proper newsflow is inevitable within weeks or probably days and I believe phase 2 is a banker. Why else plan to change the target names?
Was obvious that it was not a leak after the zero trades our sister exchange produced yesterday
Well it’s normally just before the bank holidays but my first instinct was it so they could get out for 20% for eee……still waiting to be proved wrong. Can BG actually deliver?!
Expected to see a few sells today, but I would hope that over the next few weeks we see a steady increase in buying. It would, however, be nice if the share price can sustain a rise for once!
It was so onviously not a leak as it was lots of small buys.
Gutted but there is news due, so sit on hands abd wait
Same old pump and dump
I suspected last night that the ‘ in the know’ created a rise for something else. Looking that way. Hope Omi catapults to 20p today to teach those a lesson if true.
Morning.
I don't take any notice of those guys ;)
Russia have pegged their Gold price at c$2.4k - not a coincidence ;)
They've spent two years driving this sideways/down to 7p - the same timeline as Gold going sideways - there'll be a reason for that.
I'm as confident as I can be that we'll see an explosion in PM prices and continued strength in base metals for the very forseeable future, at least five years, as the banks need to continue to drive strong inflation ala 1970s when Gold, literally, 20x bagged within a decade.
Hence my holding of physical PMs myself and my position in various goldies like HUM with large reserves already bought and paid for - the "market" has them crushed right now, just like Newmont, the World's biggest Gold miner, and, again, that's not a coincidence and it's exactly where I want to be buying - it's just time now, the destination is virtually certain IMO.
As for this - 20p looks very doable as a first move - yesterday's move broke out of the weekly Descending Wedge nicely - looking forward to some +ve news.
@bonker99
Nice looking chart!
Not sure if you have seen the recent kitco interview with Patrick Karim and Badcharts covering things such as the POG, Nasdaq, bitcoin and economy, but ties in with your thoughts on $2400/oz Gold price.
Webb's I believe phase 2 is pretty much a given with the drilling activity over the last few months in the northern areas. Makes sense to buy now. Still cheap as once this RNS goes through along with a few other news worthy updates this will move and move fast she will (as experienced today)
Only another 11 or 12 trading days till we find out our fate tick tock.
Tomorrow I shall celebrate 1 year of lock-out time .
If you are a client of HL you may get a nasty letter any time.
That letter is not a joke. Read it before it might disappear.
I hope that CEO Chris Hill will take notice before it goes into circulation.
August is a good time to start the ball rolling.
No doubt Zak will be on his way any day now.
FWIW - I posted this chart yesterday having already picked some up at low 7s
https://twitter.com/bonker_99/status/1559520345203277825?s=20&t=A7p6fGeWtuVECiZbGQwDiQ
I've always liked the mix of precious/base metals here - particularly the Zinc which is flying now because smelters have downed tools this week.
It's good to see a rise at last, and on higher volume. We deserve it, for we're all carrying losses (or much reduced profits, which amounts to the same thing).
I wonder if external factors are in play. The recent rise in POW (up 45% yesterday) has reminded everyone that (if one gets the timing right), there's money to be made in this sector.
And then there's the seasonal factor. "Sell in May, and go away, /Buy back on St Leger's Day," which is 10th September this year.