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all those saying webbs is entitled to an opinion are correct. I am waiting with baited breath to hear their well thought out opinion. A one liner saying we will drop to 17p isn't an opinion it's a guess based on nothing.
Then when challenged they say they are only trying to help ffs.
Agree, genuine points of view are fair enough positive or negative, but some posters will change their tune depending whether they want to buy in or sell. Those types of posts are best ignored and also casts doubt on the credibility of those posters. Start of the week and the sp is in the red again. Did all my top ups last week. Sadly no more funds to top up. Wonder how long it will be before the sp starts to rise again. Did not expect the sp to be at these levels. Disappointing but i guess you have to look at the bigger picture. This will turn back to blue soon enough
I think that's what happens when you trade...you become unstable,it comes with the territory
I agree that Webb’s is entitled to his opinion, 100%. However, when the guy is holding its clear as day because he’s jumping in ramping, when he’s out it’s “17p here we come”. He even said last week he was selling. He simply wants in cheaper.
I have no respect for that.
Either that or he is erratic and unstable and gets overly excited when the stock price rises, and goes crazy miserable when it falls.
4 rigs, 2 majors, good grades, £41m MCAP. One of the easier choices to make when it comes to investing - all just IMO.
Quite so, however it all depends a lot not only on quantity found but on how much it looks like the gold will cost to get out, as gold steadily falls it will approach the break even price of some mines - companies like Centamin are only £200 an ounce off making losses, Hochschild has already had to mothball mines where extraction cost was more than silver price
I think Webb's is entitled to his opinion and I for one value the different view points a board like this brings.
Although the price doesn't reflect it today someone has activated a considerable amount of warrants to a premium of today's share price. To me this is a positive.
Morning Sotolo,
No one knows what the SP will do tomorrow BUT do I think the SP will be significantly higher in 3 months ? YES
Why ? Because the Assay results will be fed to us the SH via RNS, confirming what OMI and JV Partners all suspect, there is Gold, and lots of it, plus Silver and Zinc.
Anyone new to investing in Mining Co welcome, but you all require to exercise patience, ignore the SP if it moves down a penny or up a penny.
Remind yourself why you invested, and why we have two primary gold miners onboard for our journey, a journey takes time.
I am not even looking at the BB until we get more news, RNS.
Patience is the only game in town for OMI, ignore all the rampers, the people pretending to have your best interests at heart.
DYOR and let Brad and his team do what needs to be done. Hold fast. I absolutely expect the SP to be much much higher.
Only trying to help been here long enough to know the score. If it wasn’t for the mm’s constantly smashing the price down a few years ago I wouldn’t of been locked in and wouldn’t of taken £30,000 off the table.
As a holder for almost two decades of course it is the long term that interests me. I was thinking of the share price in 6 months, could well be 17p (Webb’s) or 27p or 10p or 47p. Overall the balance suggests this is slightly mor likely to rise than fall, but if gold takes a tumble making reserves worth less and the sample aren’t good this could easily tumble, and conversely soar. Whatever we know it is very narrowly held as so few, so prone to large moves, large spreads and short term manipulation. Also no new shares were issued at 25.5p that I know of, but considerably less and well below today’s price, to attract the buyers they also included some attached warrants
All this hand-wringing over the daily SP is overblown. It may retrace or it might go higher. Bluntly, are there many shares out there with such a low Mcap and the support of two of the world's largest gold miners? Agnico know much more than we do. For the day trader profit takers, good luck, but I am more interested in what the SP will be in 6 months time.
Sotolo, yes this could go anyway TODAY..more importantly lets see where we are in a month or two.
Thanks Webb Midle East Bhargav, it is most helpful to have all your view on where this will go, far better than analysts who tend to think in a herd, so please all be brave and post if you think this share will fall rise or stay the same, all seem about equally likely to me, so I love other thoughts.
New shares issued at 25.5p (for a clue)!
Webbbs clearly sold out last week, personally if this gets to 17p I’d be filling my boots.
Webbs is here posting Guff, he is so obviously trying to undermine the SP !!
Only one conclusion, someone is trying to lessen confidence, that is a positive as someone wants in big time.
Just ignore Webbs and let Brad do the talking.
After all Brad will know far more than Webbs, who the .... is Webbs I hear you ask.