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I echo what others are saying about Bhargav. I used to think he was a respected LTH on here, but he just seems to be repeatedly posting the same drivel over and over again, usually multiple times a day. How many times do we need to hear how BG is "this and that", how he is mugging us all off, about his recent placing and blah blah blah. Posting like a broken record How can anyone be a LTH in a share and yet have such deep rooted negative opinions? Doesn't make sense to me.
Did he make a big loss here and the bitterness has overcome him? Or is there some other kind of agenda here? One thing it isn't is someone wanting this share to do well and helping to build positive sentiment on this bb. Anything positive is just received with a barrage of non sensical rants. All imho
In regards to the placing share holders, for over a week I was able to sell 1m plus in one go, in the mid and high 4s. Why weren’t they bailing then I wonder?
ST- investments....on and off for 5 years??
Gl.
It's not inconceivable that Brad is working on drill plans when the Omi team are either in Colombia or are descending on Colombia to prepare for a drill program. Makes complete sense.
Of course Brad should be engaging the market. They've been heavily criticised for not doing this over the last few years, I don't see how communicating now can be seen as a negative.
Sometimes it doesn't matter what somebody does, ot tries you'll just never win or please everybody. I think that is the case here. That's life.
kin el bhargav, why don't you just sell up and take the hit instead of sitting in here all day continually ****ging the company that you are invested in? i honestly don't get it.
i read this group and rarely comment tbh. i have been invested in omi on and off for now for over 5 years so have seen the up and downs. we are clearly in a very strong position at the moment and the future is looking good for omi from where we were in c&m.
there are some sensible, knowledgeable guys in here, dr, impy, chicken, legal etc etc and that is why i read chat groups to help my investing and company knowledge. i expect negative and positive balanced conversation, but, i am so bored with the same negative rhetoric (for what reason) and the personal, childish tit for tats, that i am no longer going to read this group. adios al and best of luck in the coming weeks and months ahead. it will be a great ride!
"No daily tweets today Bhargav . Must be busy working on drill plans :D"....what a plonker!!
Anyway....Brad has to try his best to pretend to engage the market...more specically the "The 80% mugs"....hopefully a few gets sucked in and buy more to bail out the VIP holders which most joe public can only gracefully admire from the distance.
The ugly placing was very bad move to trap the mugs for many months in the future and strategic as they got £500k for free, and may receive £700k more to refill their salary pots....until the next spin of web coming in July+...
Agnico will be interested on more favourable terms?
Double bottom forming?
Quick, Quack....PDAC....I hope goody bag can form a new outfit with some gold peppers sprinked all over to attract a few funders in July as the premature placing clearly didn't work out well....of course for the genuine investors, I don't care for others.
No Friday rush today....at least another month or further delays is expected...its not over cooked by any means imho.
Streamlining time effort cash and resources to Anza is a far better proposition particularly as it has had many millions spent on development courtesy of Newmont and Agnico Eagle.
Brad knows what is there first hand and knows exactly where to target to enhance and maintain the already superior gold findings.
Buritica already in production close by and many millions of ounces better off since the Chinese bought it out.
The belt is full of high grade concentrated gold veins.
The fact that he continues to tweet away is also indicative that all is going well in the background with the Anza due diligence. Were it otherwise, he wouldn't be tweeting like this. The OMI team is also on its way to Columbia to prep the Pepas campaign - again another sign that the deal is near to being completed.
It might not actually take until the end of May, and so we could be anything from 2 - 4 weeks away from getting that big RNS. Double bottom on the chart forming?
"Agnico last night only beat consensus by 25% (need to lift their game clearly) and only up 5%, but were already at 52 week highs.
Key point in both however is that while revenues up strongly, costs were contained, and so margin growth was strong. Analysts all no doubt scrambling to adjust forecasts and we will, simply by virtue of size, see of lot of buying to balance portfolios.
All good for the sector in general." OMI tweet today.
Brad expects M&A activity to ramp up, as do I. Trickle down effect from producers throwing off cash and looking to add ounces.
IMO this is what will start driving valuations for OMI soon, very soon - the medium-large producers who are looking to snap up solid projects. I don't believe OMI will have any issues whatsoever finding a JV partner for Anza, I have stated previously that if Agnico think they are going to get back in on more favourable terms than the JV MMA are exiting they may think again.
Brad's timings and Zak's predictions never fails here....we've far too many so called "positive posters" who don't know what they do!!
But of course, blame it on what you call "negative posters" if that helps you cover for some misinterpretations!
MMs....please raise the bid to help a few duke headed here!
Does anyone else find it very strange why negative posters keep on and on. If they say they are invested why would they keep talking the share down if sp is already at rock bottom. Makes no sense other than allows them to have a presence on the forum. Surly they would want the sp to rise for them to get out. Anyone else feel this pain. ?
What is it with all these super tiny trades you see now adays on shares
Dear MM,
Please increase the bid now so that a few duke headed can have some happiness while they are delayed for an additional month or more by their masters....
Oh the grand old duke of bhargav
he had 10000 shares, he marched them up to the top of the hill and marched them down again
and when they were up they were up and when they were down they were down and when they were only half way up they were neither up nor down.
Most folk like to buy when the price is already going up (i.e. chase)!
Cyber Space. Cyber Crooks tried it again. 07422559844.
That TEL NO belongs to one of them.
Response from Bank, etc. was not impressive.
Take care.
Day after day, day after day,
We stuck, nor breath nor motion;
As idle as a painted ship
Upon a painted ocean.
Those buying the placement shares got a good price, though I did better and did the majority of the buying around 2.30p - 2.80p so many had the chance to buy cheaper than they did. I’ll add the final time before the RNS comes, looking likely around high 3s -4p. Good luck all. Volumes have dried up, for now. Got a lot on myself for next couple of weeks so won’t be checking the share price as often as I would normally.
The only difference with Oliver Twist is the begging bowl is full to the brim with gold.
I hope goody bag finds some takers in the penny shop though!
VIP holders are laughing all the way to the bank and will continue for many months.
Next round for begging bowl is coming in July.
No daily tweets today Bhargav . Must be busy working on drill plans :D
1 step forward 3 steps back. To be fair last RNS stated aiming to complete by end of May. Possibly overcooked that date, to ensure it definitely hits this time...but that would be a matter of opinion. Lots of positives in the last update, pretty much holding news back from Argentina, Nigeria and even the Uruguay historical issues it seems....
Perversely some think the push back was a move by the team to suppress the price a bit for when the handing over of keys is completed therefore allowing director buys to be achieved as low as possible. Not rich men haha. If that's the case optimally I expect a Colombian RNS in 7 to 21 days. Anything approaching the end of that timeline to mid May, possibly will result in speculative additions and may see the price go on a bit of a run, possibly may be stronger this time as well as the likelihood of a Nah completion was always going to be stronger than an April completion.
Dear BoD,
Give us this day our daily tweet to sing thy tune in karaoke bar!
The trouble with this share is that every time you think it’s on the rise something pops up to derail it. I have little faith to be honest, just have my fingers crossed.