The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The fact of the matter is we are ridiculously undervalued here. MCAP approximately £30m yet we have a JV with 2 of the world's top 10 gold producers in an area famed for large gold finds. If people aren't buying now I give up!
Been adding a few chunks over this last few days, lowers my average and looking for a healthy retrace over next few weeks. Will add more if the story unfolds as I think it will.
Small steady rises like this will do me any day .....
It’s looking positive again as interest builds as well as speculation. Looking forward to positive news soon.
that could well be the reason for the SP doldrums . gla
Very interesting the post on Monday by WayneJ re Newmont buying GT Gold. You have to say there is potential for Newmont to buy out OMI. Really hope that does not happen for a while as it would be a steal at the current market cap of OMI . As others have said we are at rock bottom prices at the moment with this share.
Newmont (NYSE: NEM) (TSX: NGT), the world’s No. 1 gold miner, completed on Monday the acquisition of GT Gold, after it grabbed the remaining 85.1% of common shares of the Canadian explorer it did not already own.
The C$393 million ($325m) cash deal, first announced in March, gives the US-based gold giant the Tatogga gold-copper project, located in the Traditional Territory of the Tahltan Nation.
“With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio,” Newmont president and CEO Tom Palmer said in the statement.
Newmont JV with Orosur, current MCAP here £30m.
What surprises me most of all is that we were more than happy to add in the 20's and 30's!
Our understanding of Apta is becoming clearer each day and the only thing getting in the way is covid delays at the lab in Peru. Admittedly communication from the company has often been poor or construed as negative because of poor wording, but let's not forget Brad George is a Geologist by trade. If the potential of Anza has him excited then that must count for something. Oh and let's not forget our 2 majors Newmont and Agnico Eagle, I suspect they have a good idea of our potential or else they wouldn't be on-board funding the day to day operation! Also remember Newmont walked away from our neighbour Buritica for a JV with us. Additional drills added after EVERY set of results, Director buys after EVERY set of results, price of Gold at highs not seen since January, yet our MCAP sits at approximately £30M!?! Poor sentiment seen as the reason behind drop in SP, but why? I'm personally very happy with all results so far, Rome wasn't built in a day. Buy and hold and you will reap the rewards, it just won't happen overnight. Happy to wait and say I told you so!
Benn adding last few weeks as the price drifted down. Got a a chunk of money coming through soon and I will be deploying that into omi.
Like I said before, I might be wrong but down at this level, the risk/reward looks like a no brainier
Hi, Rebs and Wayne,
I'm with you on this. If one looks at the volume, it's quite clear that there's no selling pressure at all; everyone who is going to sell has already done so. Unfortunately, there's no buying pressure either; but that will change, because the fundamentals are good. I don't know of any other exploration company with this market cap, which has its drilling programme funded by others, an excellent set of previous results, and sufficient cash to cover its costs for this calendar year. And this is before I start praising the CEO, who may not be great at PR; but knows his stuff in geology, and has the great virtue of honesty (which is seldom found in the seedy underworld of AIM).
MMs are keeping it down to fill an order. I am in
through thick and thin.
POG $1865 and rising
OMI still in the starting blocks, but boy will it move when it does!
Perfect storm forming here with bargain prices, lots of news due any day and gold price through $1860. Continuing to top up when funds available because genuinely believe we won't be down here for much longer.