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Have been invested in Orosur pre Brad George.
Newmont were involved before Mr George came aboard. Since Mr George has been involved the share price here has leapt up to around 50p and I believe Mr George has systematically brought this down, what is his agenda ? I never liked his commentary as he blames everything around him and never himself. Orosur has two of the biggest Gold producers in the World involved which no other small company like Orosur has. Yes, covid was a big negative for nearly all companies but life still carried on.
Some bullet points to recap
There are companies still doing business in Columbia
Mr George never alluded to chasing the licences to the other areas
Says that other companies would be interested in buying OMI if Newmont/Agnico pull out,
although these other companies would still have to deal with the Columbian Government and carry on establishing their own camp and drilling equipment
Mr George has stubbornly not signed a deal with the new company formed by the JV (is this why they have pulled back ! )
If OMI take over the project and carry on drilling , THEY would still have to deal with the Columbian Government !
So who is really to blame here, only one person in my eyes. The arrogancy of the man who said that he would have drilled in another area if he was in charge, but he was never in charge. Bought two pieces of land in the middle of nowhere to satisfy his ego as a geologist (certainly not a CEO).
Does Brad George have a personal agenda (he is an ex broker as well) here or just very incompetent. Has he crashed the share price here on purpose so other people can get Orosur on the cheap. He brought in Nick von Schirnding CEO of Asia Resource Minerals as an investment advisor (for who?), he was kicked of a project in Indonesia owned by the Rothschild family by the way !
Mr George has already primed us by saying there are other companies interested.
My solution is to get somebody competent to get back talking with Newmont/Agnico and all parties
talk to the Columbian Government . There is a proven Gold region here and everything is in position already.
Mr George should be asked to leave as he is either incompetent or I believe has his own agenda within this company that belies everything already achieved here. Like I say there are not many things to blame here, ONLY one.
Come on Louis you seem a very reasonable man, please take charge here before its too late.
The share price here will now be played like a fiddler's elbow until at least August/September. Nothing more to see here until then.
So here we have Newmont wanting to pay $19.5 billion to acquire Newcrest, please think about that for a minute. Do you think they are going to allow a company like GGP to own 30% of what will be one of their biggest assets ?
I think people are just beginning to realise what is happening here.
So according to Callum Baxter if Newcrest sell out to Newmont they cannot include the Greatland share of Havieron in the sale as it is not theirs to sell. There seems to be an agreement in place that Greatland would be offered first refusal to buy the remaining 70% of the project when there is a value put to it. Would Newmont who are offering $16.9 billion want a fly in the ointment such as Greatland is to be a nuisance in this deal. Will Greatland get taken out by Newmont as well ? If you a spending at least $16.9 billion on Newcrest then acquiring Greatland or Greatlands 30% would be pocket change in the grand scheme of things.
Wonder if they put any pressure or what they offered Jeremy to do the last raise ? Of course there is no truth in this .
If there is to be a take over it will not happen until at least the plant is fully commisioned and fully producing and proven transport and distribution, so we have a bit of time yet, in the mean time I wouldn't be surprised to see Vale making an appearance with Vermelho as this was there baby previously and as everything would be in place for Araguia in would be easier and quicker to set up Vermelho with maybe the same HZM management team. Exciting times here.
The Director buy in the new tax year post covid, this is the sign for the Institutional funds to start bailing in, watch this space !!!
All proceeding as planned
Reply to the condescending M.McNulty :- And that's why he's selling off these things to make sure that Tally is still active long enough with enough money to repay him and keep feeding him at the trough, after all he is still making money from this s**t show. "Let them eat cake".
Mr Parry being the major shareholder with a few other friends can basically vote for anything they want. He has brought back Alan Davies as a consultant to get rid of the mines in the back ground whilst keeping the prospect of Tally re-listing to keep the small shareholders eternally hopeful. The money generated from the sale of the mine will go back into the kitty to pay Mr Parry's remuneration and will ultimately be bled dry until Tally is sold off or collapses with Mr Parry blaming the market or stock market regulations. As long as Tally is allowed to trade as it , Mr Parry has carte blanche what to vote for. I believe he has misled shareholders with his unproduced promises which is tantamount to fraud and deception. If you at my previous posts it will show you how to follow up a formal complaint to the Police in this matter.
I'm here to make a nickel or two!!
Around 5:oo mins in. https://www.kitco.com/news/2021-10-15/Why-Agnico-Eagle-and-Kirkland-Lake-Gold-are-merging.html
How many electric vehicles were queuing for petrol today ?
Brad playing a blinder here, watch out for drilling results next Tuesday.
Said it all along about Brad the broker!
Hi Luckybob23, can you please explain, thank you.
Loryser hold 5% of Orosur shares, if they sold all their shares that's only 5% down, maybe I am wrong.
https://brandlive-upload.s3-us-west-2.amazonaws.com/870/documents/htysle3eu7/Orosur_Mining.pdf