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I think that sotolo character needs to calm down a tad. Their enthusiasm for the 'investment' ?? they have in OMI jumps off the page at me but never have I seen such ramping, and this isn't any ordinary ramping it's ramping of the highest order you could call it M&S ramping. Degsy/masks would be proud of you, take a bow.
Whilst it really is great to see them promoting the investment case here I do fear for their blood pressure. Maybe it's time to cool your jets sunshine, take a breather, let the runt of the litter take over for a little while to relieve the pressure on you. Be good to yourself.
Sotolo- are you on late rota shift tonight whilst your partner is looking after the cat?
Mamba thanks for the informative post, excuse the rudeness of some on this board whose heights of analysis are that you P off; maybe they think that if everyone posting only talks positively rather than informatively,the share will rise, but you are right: the share will rise if good discoveries and good fundamentals; as these are out of our control let’s at least be civil. Have a lovely weekend all and may some good news eventually come, and if it is bad may we not be too emotional
Yes, I was also a bit surprised at mamba’s post but I was a bit more gentle in my criticism lol. It’s a bit surprising given he was super bullish before but I think the dip below 20p spooked him. With AIM stocks you can’t have a hard stop loss imho. Otherwise you could get locked out. You either believe the story or you don’t.
From an older post, I note mamba sold ggp early. Not a criticism. Happens to the best of us.
RE: Post man11 Feb 2021 10:40
Thanks guys. vicjain, I also sold GGP too early. Then had to buy back at a substantial premium. I am Not making the same mistake here.
HOLD
"Mamba"...you can't be fleeping serious!
That was the last thing I expected from you, please P* off to your dungeon, will you do that favour I wonder?
Lol.
I think they are still drilling as per plan, i.e. an additional 7,000m.
· A considerable volume of samples remains at the laboratory of ALS in Peru, which has experienced substantial delays in turnaround times due to Covid related staff shortages. These issues are slowly being resolved and it is anticipated that assay delays will be reduced in the next quarter.
Also, they’ve expanded their field activities so I’ve got no worry in that respect re drilling. It’s all down to the drill results now. Very little is priced in currently in that respect imo.
· Apart from drilling at the APTA prospect, work commenced on regional mapping and sampling across the wider lease holding. A large program of BLEG sampling commenced, which once analysed should provide vectors to more targeted programs in following quarters.
I guess a lot of people including me are waiting to receive the next set of results before investing back. I believe that if the results are mainly gold then the share price could recover. No idea how the market will react if we see more zinc that gold but based on the reaction after the last set of results does not look positive.
Hole MAP-077 located an additional 90m down dip of MAP-075, had been completed back in February this year and visually demonstrated similar intersections of massive sulphide and pervasive silicification. Thus, whether it replicates hole 075 as to be of a different mineralogical domain, transitioning from one that was gold dominant with secondary zinc, to one that is zinc dominant with secondary gold is to be seen. The same could be said of Hole 078. Although, MAP-078 visually shows a thinner breccia package and might suggest the zone is pinching out
Hole 080 seems to be drilled in a part were no previous drilling had taken place before but with a little of hindsight following hole 077 and 078, thus hopefully intercepts the gold dominant zone.
I believe the last RNS did not do much to provide confidence in investors by failing to provide further information as to how many holes have been drilling since the investor's call and what is the status of the drill rigs. One would assume they are still drilling but that is not confirmed. We do not know how many holes will be reported in the next RNS either.
Stage is set for fireworks alright Bhargav. Obviously one should be cautious but it's pretty hard to be when 2 majors are all over the project and those 4 beautiful diamond drills are pounding day in day out proving up the area. Alot to be excited about here. Multibagger in waiting.
Cheers both.
Agree Karl- We've submitted assays on/ before 25th Feb, 8th week in running (minus Easter break)..........though Covid delay measures are hard to predict.........I like to think, we may see result by next week or so (?) and any subsequent assays as submitted may take little longer(?). June is far, especially, after all this correction and time in waiting and with 4 rigs roaring, plus if they've any positive update on results or other parallel activities...can see another rally, with of course, gold currently moving up is a bonus.
I like to guess, result soon by next week or so and some fireworks before June imho.
Lets see.
Results maybe next week imo but it’s hard to say with the covid delays.
On an aside, I need to review my opinion that omi will be range bound until the second half of the year. If gold is starting an up leg to $2000, which seems likely, omi could trend higher alongside.
I’m sure this has been discussed but I’m going to ask it anyway.
When do we expect the next drill results?
Thanks in advance.