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Not sure what all this talk is doing on OMI
Professor1, it’s only a theory and not a conspiracy theory. As their are fundamentals at play that could make this true. 1. EUA are awaiting an outcome, so money can be paid out and 2. OMI and GGP have very low SPs at present. A conspiracy theory is only a conspiracy if there are unknowns and their isn’t? GLA Greb
Got to agree with dryland. Omi needs volume to pick up (been poor last couple days) and a sentiment shift after taking a hammering. Bit of a nothing week if truth be told. Slightly worse off than where we started.
Greb
I am one of those eagerly waiting EUA to hopefully come good and will certainly be loading up here.
bin the conspiracy theories people they are very boring and the constant regurgitating are wearisome....the SP tells the story....more sellers than buyers over the last week and volume has dropped off.
Yes Greb...my thoughts are that the sp is being kept low for future demand as you suggest and maybe other background buyers willing to pay a certain price hence the protracted price surpression
Why do you think the share price is very low compared to what the company is achieving? It was very low at a few pence but now 10 times higher it seems in the right ballpark, going up and down within it depending how many people want to gamble, until we get some further news good or bad imho
I could be well of here vic, but just a theory. I’ve noticed there’s a lot of posters that are on the share of EUA and have openly said on both BBs, the buy out is done and they get whatever, I don’t look at EUA BB, but anyway, a lot have said they are going to move there funds from there to here and GGP. It’s not intending to be a ramp it’s, anyone can look at the GGP board today and see the same comments, but I’ve heard it quite a bit over the last 3 weeks possibly. What if the MMs are completely aware and are 1 waiting for that so they can earn a massive payday when everyone starts buying in 2. Have IIs that want in on both companies, but only at the right SP. it would account for the long delay, maybe not the sole reason but one of?
Yes Greb...it really does seem like the sp is being surpressed on purpose....just observing the way the sp moves over the last few days makes me think something is clearly going on in the background....either way soon enough the sp will be allowed to move back up...just very depressing and disappointing seeing the sp languishing at such a low level....manipulation at its finest...really hope the BOD can bring some real positives out soon that actually allow the sp to move upwards....
Vicjain you would think so wouldn’t. The exact same thing happened over at GGP and everyone stopped and asked the same question. Bizarre enough the SP is exactly the same today. Both have seemed to of bottomed out or so it would seem. Nothing holding this SP down though amd should be on the rise albeit POG down???
With the sp being driven down so low and for a while yet buying seemingly difficult, would that suggest there is some kind of a big order in the background? Smoke and mirrors seems to be the case with the sp i feel. More drilling news close and the Q and A session soon. Hopefully things will become clearer over the coming days. This protracted drop in the sp must be close to an end imo
Absolute joke that you cant buy, they are hardly short of shares !
Seems such a big disconnect to what the company is achieving and the very low sp......really wish i knew what was driving the sp to these low levels. Even though the price of gold has fallen over the last few weeks from a very high position i don't think this can justify the present low sp. If anything i expect the price of gold to recover with a falling dollar value and the big stimulous package due from the US very soon. I do feel the elastic band on the sp has pulled way too far back and we are due a very big bounce back any time. Just wish i had spare funds to top up...
These results are excellent, especially if shallow depth.
We are moving forward at pace, slowly filling in the blanks, great job
https://twitter.com/orosurmining/status/1367768413490319364?s=21
Multiple high grade zones in a wide low-grade envelope and favourable topography with pipeline of drill ready targets
Encountered significant gold and zinc mineralisation
Best intercepts to date include 15 m of 40 g/t Au (DDH MAP-48) and 41 m of 14 g/t Au (DDH MAP-38)