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.
Miracles will never cease.......
It’s finally moving north ! Praise the lord!
Mi
U ain't seen nothing bro wait till this animal is awake then u will see the monster or should I say the elephant , we shall see ?
Warm up day done main sessions to follow. Back to 40p test will return and coincide with much anticipated gold updates.
Yes, a very rare blue day. Does appear the sp has bottomed out and buyers are returning. Just a trickle upwards today but once the momentum picks up again, i would expect the sp to move back up swiftly and be over 20p sharpish and quickly onto the mid 20s for starters
Back through 17p resistance more importantly, already looking forward to tomorrow!
Well that was a pleasant surprise. We are in the moving. Woohoo
Fcku in hell this has had its weetabix today. GLA
It's good to see the volume picking up at last. £134k is much better than the meagre £40k we had a few days ago.
I was offered 17.5 to sell 50,000 on Eqi a minute ago. (I didn't take it, by the way.)
+8%
strong bid
was very oversold and turning nicely
Paying a premium for a large quantity of shares. Looks like filling an order.
Yes, twice we've touched 40 and quite confident omi will get there again sooner or later imo
Patience. Accumulate and wait, only a matter of time before we are at and above the 40p range.
It's been frustrating but from a technical perspective OMI looks like it is time to buy, the RSI hit a base of 27 (very oversold) last week and is now turning up, all things considered the SP could have legs to a initial 22.5p and then 25p
Add to the mix positivity is returning to the junior space on the strength of rising commodity prices.
Hi, Ageos.
Welcome back. I remember your posts from the autumn. I'm a humanities man myself, but it's nice to know that there's someone with an understanding of the relevant subject.
Best wishes.
Apta bears resemblance to this apologies.
Hi ageos your background and comment is very much appreciated. Are you referencing Atico's El Roble mine by any chance?
I see the figures reported there are proven and probable mineral reserves are estimated at 1.00 million tonnes averaging 3.02 % Cu, and 1.76 g/t Au and you make reference that Brad had stated that Anza bears resemblance to this. I find this information interesting.
Chrysoberyl, apologies for the belated response to your Sunday post and even more so for missing the earlier request for information in March which I have only just seen on reading your post history. I no longer read this BB regularly as, for a geologist, it is thoroughly depressing.
With regard to the APTA Au resource estimate which I last referred to on February 8th, I am still updating this for my own interest as and when well-logs and assays are released by RNS, but decided not to post the updates here. Based on the negative response to that initial 100m block-model estimate, I concluded it was of no interest to anyone on this BB and as it takes several hours work to compile the results I decided it was a waste of my time. Sorry if that disappoints.
Having read all your posts I understand and concur with your short term investment strategy here at this time. What may be of benefit in that respect is to bear in mind that the May 4th RNS confirms that the current back-log of assay samples can only relate to the 7 holes. 083-089, some of which were still in progress at that time. The 2100m max of core from those holes would easily account for the 2000 current assay back-log of which 400 would be blanks, and 200-250 samples per hole for poly-metallic assay. So these 7 are the holes for which results are likely to be released next and having integrated them into the 3D geological model it is possible to predict their probabilistic results. Holes 087 and 088 have a high probability of intersecting little of economic interest, and 083, 084, 085 and 089 are all step-outs with high probability of low to medium Au grades. 086 is the only hole with a high probability of good Au grades. I emphasise these are probabilities not certainties.
The RNS incorporating these results will probably also include details of the next batch of drill coordinates which will have been submitted for permitting on the basis of results to date. I anticipate further APTA drilling may be limited or may be deferred in favour of another target such as Charrascala, or if they have overcome the access problems, of Guaimarala. As vector analysis, which I have mentioned in a previous post, has not been referred to regarding the APTA cores, deeper drilling at APTA seems unlikely. With regard to APTA viability bear in mind that Brad, during his last interview, compared it to the El Roche VMS deposit 30km to the SW, not picked up by anyone here but on which I have posted in detail from at least Jan 2019.
I hope this information compensates for the lack of update to the APTA Au resource estimate and wish you well with your future investment decisions.
AGEOS.
Yes Forseti depends on the drilling results as you say so could be great and we will soar and if not tumble. I have about 4% of my portfolio here which seems about right as can afford to lose it all tho sad, but love the potential to double or treble. However I would say dangerous to hold more than 5 or 10% of your holding here as tho might miss a rise could lose it which would be awful if like someone who posted her you had 70%. Even in a company making regular profit that would be very dangerous. Imho. Ps sad not linked to gold price but next unknown results
Greb - it's when Lima can get their finger out!
The herd needs feeding. Investors are prepared and buy more
if the pessimists talk rubbish. Diversity spreads the risk.
When OMI moves fast many traders are left behind.
OMI is now a very good buy.
When is the next set of drill results anyone?
I'm under currently but not too concerned to be frank Webbs as I done my research on this and it's on me. Everything that has been released since I first entered Omi hasn't put me off. Sure there are a couple of things that I don't like such as directors holdings and delays at the lab but I see this as an opportunity to grab them at a cheaper price while I can. I do have a figure in mind with regard to how many shares I want to be holding so if it goes lower then for me it's no problem I can get more shares for my buck and get closer to my target.
This might trade side ways or go lower short term but it's all relative to where I think it will be in the future. Never really thought I'd be in a position to grab as many as I have managed so I am currently happy.
You could argue that it would be better if the price was 40p but the flip side of this is I wouldn't have as many shares in my pocket as I do now and for the people who have done research we know that we are only drilling one are of Anza currently and have other areas either not started or waiting for approval. I am pretty sure we will be moving to these other areas in due course. There is gold here and the geographical area and drilling data suggest this. The question is just how much Gold is here. I am guessing it's going to be 5million plus when fully proved up.
The market cap is tiny for all the positives that we have and in my eyes in the future is only going one way. That's already been proven in the last year. All we need is a little more meat on the bones and that will come with time and patience.