Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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@Aegos - thanks for your observations here and on the ZEN board.
As you’ve seen/experienced far too many people post their views/opinions with little thought and usually even less knowledge.
Uruguay was never a shambles, it was an area that had gold deposits but not at sufficiently good grades across the acreage to allow mining operations to continue in a low gold price environment once the decent grades had been exhausted. The winding down process has been handled in a very professional manner and as shareholders we should appreciate the job done by the Board, in particular our CEO, in minimising our liabilities.
The Colombian prospect has always had the potential and the fact we’ve got a tier one partner on board to help develop it should greatly enhance our ability to exploit it leading to greatly enhanced shareholder value.
The AGM is likely to be in November this year and hopefully investors and other readers will attend in order to learn more about the business that they’ve invested in. How much does it cost in terms of time and money to attend? Maybe a day off work and a couple of hundred quid travel and accommodation?? How much is lost on a bad trade or an early sellout???
My message to investors is get knowledgeable and then post on the basis of your knowledge - add value not noise...
Good luck to holders, hope to see some of you at the AGM.
Regards,
987etc
Hi Ageos
Your posts are very informative so please keep posting and much appreciated. Thanks
“a prospect, the significance and commercial viability of which remains to be proven”.
Hope to hear from you again at some point after you make your decision based on your "verifiable evidence".
Hopefully, not before.
Well, nothing is proven yet, so I presume you're not an investor.
I'll apologise and appreciate your posts when it comes to it, but for now, it smells
fishy to me. Thank you 'Ageos' the person..!
Bhargav: thanks for your response although the tenor of it suggests you do not appreciate the significance of the points I raise. I “keep talking about” (your words relating to 5 posts since the first on 21.12.2018) these issues, because they are the determinants of Newmont's exploration programme at ANZA and no-one else contributing to this BB bothers to even mention them. As to contacting Ignacio, as a fellow-geologist I do so whenever necessary but have no need for “help to determine my investing” as I base my investment decisions on 'verifiable evidence' never on opinions. I assess the potential of ANZA from the same perspective as the Newmont geologists and as outlined in many of my previous posts, “a prospect, the significance and commercial viability of which remains to be proven”.
As to your later insulting post, the condemnation is of yourself. If you knew the 'person' to whom you refer, and his motives in sharing a lifetimes knowledge and experience as a geoscientist, you would be mortified with self-recrimination.
Please email me on bhargav66@hotmail.com and I'll forward it to you.
Will do Bhargav.
What question did Ignacio respond to in your last post?
Dear Bhargav
We are working on everything that can create value. And leaving no stone unturned.
Kind regards,
Ignacio
Thanks Shez please let me know what you may get on bhargav66@hotmail.com
Bhargav, thanks, I’ve just sent an email to Ignacio asking the question.
AGEOS- I appreciate your posts.
If you've concern on any of these issues you keep talking about, I would suggest you to take some initiative and write it to OMI Ceo direct and I'm sure he would be happy to reply. It may possibly help you to determine your 'investing' here.
For your information, his contact detail is:
Ignacio Salazar, Email Id: isalazar@orosur.ca
continuation:
Page 17 of the Annual Information Form confirms “The environmental authority has already determined that the area to be protected within the ANZA titles will be categorized as an Integrated Management Regional District. This category allows mining activity to co-exist with the TDF under special controls and requirements.”
It remains to be seen whether these “special controls and requirements” might conflict with the large-scale mining operations which Newmont would no doubt wish to implement if a potentially substantial ore deposit was identified. The APTA prospect, as currently defined, appears to be too small for Newmont's interests. However, a further note on page 17 of the Annual Information Form, states “the corporation (ie OMI) is in advanced discussions with Corantioqua (ie environmental authority) together with neighbour mining players in order to agree a new delimitation of the TDF which reduces the area affecting the ANZA project” thus implying emphasis on an area within ANZA but adjoining that of either the Miranda Gold Corp (Oribella Project adjacent to APTA) or AngloGold Ashanti (Guintar Mines N of the Charrascala target).
As the Environmental Assessment period was extended last year until Oct 2019 it is possible that all will be resolved later this year but until the outstanding Exploration and Exploitation Concessions are granted and the integration process required by Newmont is completed, developments in the ANZA-wide region appear to be constrained.
For further details see posts dated 07.02.2019 re ANZA Future Drilling & 12.03.2019 re N 43-101 Amended Tech Report.
For those wishing to understand the gold mineralisation at APTA and elsewhere in the region my posts from 13.10 2018 re APTA Au Resource, onwards, may be of interest.
AGEOS