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Or we could get Brad buy 100 shares..:-))
They've brought the 4th rig (or coming soon), by now have bit better idea of Geology, past grades had some substance confirmation, extend plan to drill up to 10,000k, 2-3 sites will see concurrent drilling, license approval procedure for Le Cejitas and Jesuitas is kicked in since Oct/ Nov (Brad said to see it through in early 2021).......Nick's entry....all good stuff.
And currently we're drilling at not the best part yet...so, starting out at the bottom...can you imagine once everything is in place...and why NEM/ AEM are here for?
Lets see, how many will catch out.....:)
At the end of the day we’ve only been drilling a few months, we’ve had 2 sets of results, the first being excellent and included us getting in a 3rd rig. The second being good, not as good as the first but also included us adding another rig, the 4th. Excellent grades of zinc also included in the second set. Please remember we’re only drilling Apta due to accessibility, this is far from our most favoured area. This is merely the start, if you have the patience to hold without flapping and crying every time some rampers appear n cause a spike or derampers turn up trying to drag us down, then you’ll be rewarded handsomely. Good luck to all genuine holders.
Explosive news as you say Bhargav would be very welcome and will catch many out no doubt. It does seem we are so focused on drilling news and the timings yet unexpected news such as licences etc could drop out of the blue...now that would surely creates a big boost to the sp.....
Three reasons for not being out.
In a years time it's going to be significantly higher.
A good Rns will take Omi into another range.
Downside risk us much less than upside gain.
Vic- Agree with the rational against the irrational....both will go hand in hand here...long term, we've greater odds...I'll continue to add as much as I can till 50p...at regular levels...it balances out the % equation too.
If we see any explosive news...like Agnico/ Instis chipping or licences approved....than it will be different level all together.
The spread is always wide you imbecile, this is a bounce and you got caught out ha ha ha ha
Map, give it a rest re shorts.
We quite simply got sold on news, Monday/Tuesday the whole mkt took a big hit.
Wow a bounce, oh no they just widened the spread
Thanks Bhargav and Chickenlegs...was not looking to buy any more to be honest and reluctantly had to sell some other shares but have bought a few OMI last couple of days as the sp dropped way too low imo and without good reason....Hoping now the sp will move back up into the 30s quickly as we await further news. We have to remember the purpose of the first drill area is to see what is there as such and also it was the easiest to drill so made good sense. The drilling info will help OMI, Newmont and Agnico to better understand the geology for further aid planning. A 4th drill will be deployed so demonstrates the positive nature of what we have. Here's to th 30s quick time.
2 big players like Newmont and Agnico have a wealth of knowledge, experience and resources and have invested in OMI. They clearly know what they are doing and are in this for big rewards. As the saying goes...follow the money.
Shorts close and buy before they
are turned into fry. Their mindless game
ruins investors on AIM. I no longer care but stuck
it out. 40 down to 23. Enough for a cup of tea?
Nice top up vicjain. I am with bhargav looking good for a bit of correction today. Hopefully maintain this momentum and make it stick.
Well done Vic. I'm sure it will do you some justice in coming days.
The way market reacted on News, some correction was expected, but equally the overdone will correct too, imo.
Bought another 15k shares. Hopefully the sp has settled and will start moving back up. Overdone drop last few days for no fundamental reason so has to be due a move back up imo. Cheap price to get in at when looking at the bigger picture. Time will tell