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Sotolo, sorry you held through the transition from miner back to exploration company. That was some time ago. Good times are due again, this month has flown. The return of the keys to Anza are very close. Easy gains coming soon. Even Leematt know this he just wants a cheaper entry. He was predicting 15p only a couple of weeks ago, check his posting history. Obviously sold out and wants back in. Good luck all.
Sotolo
The mind really boggles with what you posted - I am really sorry to hear of your massive loss.
People often think whn a share like orosur dropped from £2 to £1 that the drop is done, but when in reality the drop ultimatley finished it was at 2p.
You lossed 6 figures and the chances of you getting of that back is zero - as you are prob well aware. Orosur would have to source a moonful of gold for you to recover your losses. Not gloating in any way and i am genuinely sorry fate has dealt you this hand.
Obviously whilst you have lossed so much money Orosur CEO and management have walked away with a good salary, with few share ownership in the company - no self sacrifice has been made by them.
And unlike you sotolo who may have had to sacrifice a nicer house, holidays, a dream car etc - they have spend lazy days in the sun on a boat in the med.
As an orosur share holder we must strive for performence related pay. find the gold get paid - if not take a menial salary - not the £210k our current ceo is on - complete joke!
Its a hard lesson to learn, i too have loss huge amounts. Shares can fall massively and then fall massively again, factor in diilution, placings and inflation. Well that money has simply been thrown away.
This time will be no different, people are hoping it will be - but over the last few years Orosur have delivered bugger all.
This is just a ramp session showing an uptick. in a few weeks empty words will be delivered and this will fall back to the 2p zone where it will rests for MONTHS and YEARS before the next ramping news elevates it again.
Rinse and Repeat all over.
Better to invest in something like central asian metals - company has no debt and ACTUALLY producing record amounts of the stuff.
Explorers like Orosur are dreamers and in reality less than 5% of these sort of company make it to the bigtime.
My own opinion, massive dreams, massive losses to be expected. Not investing a dime more !
Hi Sotolo, I always have respect for the comments of long term holders but I like to balance their views because they can become somewhat skewed as they tend to look at things through the lens of their own personal predicament and in your case it's through the lens of someone who is nursing a six figure loss and buying in as high as £2. The fact you are lamenting about a time when gold was dropping whilst the Uruguay costs were increasing harps back to a time albeit a good history lesson, which has no real bearing on current events considering Uruguay is more or less off the books and gold is at all time highs. There is always the possibility that your present thinking and judgements are influenced from the perspective of having a large loss tied up since at least 2005. I therefore respectfully take your comments on board but in the context of reflecting your own personal situation.
Sotolo it is an unfair comparison buying in the pounds and buying at sub 5p. Of course one would be bitter if they bought at those prices and held/averaged down all that time and it kept dropping. I also don't think it is fair to lump Brad into the Uruguayan disaster. You are right though finance will be key in the future depending on their plans but it's just about to come out of c&m. For all we know there is already finance lined up. Anyhow they have some money to prove Pepas is open in the other direction and ar finally moving forward after a limbo of nearly 18 months.
I have been here considerably longer, I bought at over £2 in 2005, sadly kept averaging down over the years and sadly the mine in Uruguay costs kept rising faster than gold price and in end failed leaving it with some Colombian exploration that v experienced Newmont Agnico gave up on. Salazar and then Brad have destroyed value while Brad has amazingly succeeded in getting more money in to keep running the company, he is quite good as a salesman but ultimately would need to raise a lot to get this in a position to sell Anza etc to miners again. In my view the share does have one point, it has given me an available capital loss in six figures, so I keep the shares for when I need that.
I’m expecting 50p-£1 sp medium term. And this could be cheap with what gold is going to over the next few years.
Gold soon to be the only game in town as fiat is diluted to its death. Gold backed currency is coming back even if it’s crypto tech eventually its backbone will be Gold.
Yes chicken good post, I agree could a big week even a big may month, of course we shall see but so much to look forward to, shackles are now off and Brad the man in complete charge, after playing second fiddle to the big boys, omi in control again, let's just wait for that rns to land but I fear when it lands this may fly out of control, so I have some funds available to ad to bring my average down, so don't mind if it slips a tad early doors , let's see but exciting times for sure gla.
Good post Chicken agree on what you say. I think we will have at least 5 proven areas over next few years and yes we will need the raises to fund more drilling but can do it on cheap which will attract other companies interests.
Definitely gold silver in bull run now lots people saying 3,000 gold by end of year a strong possibility and 4,000 next year and maybe 6,000 2026 time will time.
Off on holiday today Majorca here Im heading to mountains on bike yearly trip so I think this week and next few there will be lots of blue days.
Omi have definitely got a strong very strong tailwind Id call it a bloody gale coming months and next years. Good luck to all.
Great post Chicken. To be honest, I'm not thinking too far ahead though, and just want to ride this bull run in gold and find a junior goldie with multibagger potential. I can't think of many better goldies on AIM than OMI. And 4p is an excellent price to get into a stock which has every chance of hitting 20p+ in 2024. We have cleared a lot of overhang already, and once MM are ready to let this go, it is likely to move through the gears very quickly.
We are coming up to the period where news could land any day now. Exciting times once again. GLA
How the last month has went quickly and now we find ourselves approaching the end of April. Watched the Collective presentation and if Orosur could even be a tenth of that company then we could be on to a winner. Interestingly within the presentation included useful info regarding mining licences/ permits that have been issued in the last year on Colombia and in Ari's opinion the South American/ Colombian space moving forward will be leading on critical minerals. Worth noting a mining company has taken 10pc of Collective and remain anonymous, under the reporting levels. So there is interest in good companies and money to be invested in Colombian mining space. It is also worth noting that Collective's plan isn't too turn there project into a mine, it's to prove the concept and sell it on to a company that will turn it on to a mine. Regardless of what people think of Brad/ Louis and the way things have went since C&M, if Orosur are going to be calling the shots and can prove that Pepas was drilled in the wrong direction then it doesn't matter how much you think they are clowns, Anza will have not just one but two proven areas (one looking likely open pit and the other under ground) and other mining companies/ investors will take note, especially as these areas aren't really what Anza is about (more bonus areas) and in the future could have 4 or 5 proven areas. Most investors here just want to see the company moving forward and the share price rise off the back of good work and strong news flow. Of course we need to see them back in control, the drill plan, financing arrangements and the company strategy moving forward. This is not a perfect company, but that is why it's at this mcap. However sensible targets and share prices near term can certainly be achieved and more outlandish ones can also be achieved if all the ducks line up and a few bonuses thrown in for good measure. This week might start to see a real flurry of activity. Good luck all :)
Very much an oddball that one, seen all sorts over my 15+ years investing, nothing like he/she. Posting history is a bit insane. Quite entertaining though. Still think it's Brad's bitter ex, probably bitter she doesn't get to ride the Anza gold elephant with him :)
Ok not the best of days for sure but still in a strong position to move forward and upwards as from next week, may will soon be upon us, drilling to start at Pepas the sweet spot, Captain Brad in charge again, best gold post code in Columbia and possible other pms and rare earth, other projects, lithium, tin, more gold and silver in South America what's not to like for 10 million mcap, as a few here have already stated a no brainer at these levels , as for door Matt and bhargav I don't know what their a gender is but what ever it is it's not working as not many here give them any credit for posting an awfull lot of negative, unfounded, unreliable and meaningless posts, rant over gla genuine lths.
Has he missed the numerous break outs at lately? It’s been low 4s to high 5s numerous times, 2s to 4s. There’s profit there not to be sniffed at. Think I’m going to block him, he brings nothing to the table. The timescales expected for the RNS has always been back end of April and beyond. He got spiked the first time in the 5s and is now a bitter man. Likewise in HE1 by the looks of his posts. Creating a new title constantly bringing down the company and CEO, his agenda is very clear.
Leemat what fantasy world are you living in. Blaming Brad for not having a breakout every 2 to 3 months is not only unfair but how on earth are you supposed to do that when we were placed under care and maintenance with no say in the matter.
As for the statement of this not seeing 12p then it shows how little you know about the History of how quick this share rises. Even from our current lowly share price position, this can get to 12p in a blink of an eye with positive news. Having the keys handed back and the announcement of drilling operations underway would be enough for the SP to get to double figures quite quickly. A few good drill results from Pepas would propell the share price into new highs very quickly. I don't know what game you are trying to play here because you slate OMI on here yet brag it up on the HE1 forum whilst slating HE1.
Leematt. I been here since sub 4 p the last time. Unlike most I prefer to trade . I am cautious and the bod do have a lot to prove but if you manage your holding sensibly there is every chance to make cash here depending on how it pans out. Keeping my average to around 4 p again.
Not averse to bailing tho if things fail to spark. As seen recently so can move substantially on sentiment. For me 8 p would be nice and is achievable. Forget the ggp multibags and just see how it pans out. Alternatively invest in donuts. Custard still my favourite.
My tip is Clsk and Mstr but really a few days ago.
If you don’t rate Omi then swap it somewhere else. I swapped some out of Cnr into here as I saw the potential upside better. So far so good.
Hi, NewboF
The answer to your question at 16.53 is no; he wants us to sell. But I don't fully understand why.
The faux sympathy for Bhargav is a memorable example of that kind of thing; he's never met bhargav, and couldn't care whether he lives or dies.
Leemat what fantasy world are you living in. Blaming Brad for not having a breakout every 2 to 3 months is not only unfair but how on earth are you supposed to do that when we were placed under care and maintenance with no say in the matter.
As for the statement of this not seeing 12p then it shows how little you know about the History of how quick this share rises. Even from our current lowly share price position, this can get to 12p in a blink of an eye with positive news. Having the keys handed back and the announcement of drilling operations underway would be enough for the SP to get to double figures quite quickly. A few good drill results from Pepas would propellers the share price into new highs very quickly. I don't know what game you are trying to play here because you slate OMI on here yet brag it up on the HE1 forum whilst slating HE1.
Leemat - I remember only a mere month ago or so on HE1 you were proclaiming to be a new investor and asking for advice. You certainly seem to know a lot for OMI as a newbie…
Is it just attention you want?
Lovely price action here guys. Making punters second guess themselves
and then the price just happens to follow typical chart patterns.
Reversal here today as we had last week before the tasty jump up.
From these levels with what we now know and what is in the pipe you just don’t want to be out. Imo.
We wont ever see 12p
more chance of seeing 1.2p
Brad has promised plentyover the last 36 months, every 2-3 months their was a possibility of a breakout happening with the share price and reaching dizzying heights.
Over 36 months, thts almost nearly 20 plus occasions where people thought a breakout would occur.
And did it happen - No!
This time is no different, no breakout will be happening. when this gold rally abates this will drop like a stone.
I cant see much being delivered with ANZA, with a £10m market cap, what are they digging with a spoon?
Orosur neither have the money, manpower, machinery or knowhow or a plot of gold.
Everything is based on probability and Brad and Orosur managements probability - is bad.
More chance of a 3 legged horse winning the grand national.
Orosur is a fantasy at best, Anza will diliver f*all, the next RNS will be littered with issues, concerns and caveats and this share will plummet away to 2p.
Bhargav - really feel sorry for you mate, you have been in this stock the longest amongst all those on this board and Brad has lifeted you up and dropped you head first many a time - with false hopes and promises over and over again.
Management and Brad have very very little invested in Orosur, ask any financial expert, this is a bad sign.
This will flounder sub 4p next week
Think "positive", we are not in RED today.
That means placing holders will have to wait for another week or so in the prison.
When are the sellers going to bail and let this price ride to an acceptable level, seriously undervalued and not receiving the exposure which is due
I really thought we were going to have a nice little rise into the close.
Just remember when we are at 12p people will complain if it drops to 10p. Then again 17p to 15p. 22p to 20p. 27p to 25p. You get the picture lol.
Absolutely, Masks. It passes the time....