Member Info for breaktwister

Price action is odd, most other juniors are rallying with the PMs this week, silver in particular ofc. But gold rallied from 4500-4750 while Orosur moves sideways. Sometimes the market churns and it certainly beats the long grind down that all LTHs have experienced in this stock, which likes to grind then move explosively.

The share price doesn't even cover the Pepas value, nothing for Pepas West (or anything else they might find across Anza), APTA, or the original El Cedro.

Continuing on the same lines - zero valuation for El Cedro Two.

The current market valuation for Anza presents an asymmetric opportunity which I take with both hands.

Another low volume take-down in Canada. The sector is back to being hated in general. Everyone believes the metals bull market is over. I don't, I bought more today under 20p and will buy every day it is under 20p.

60k buys are good, that is an institutional order, or part of one.

Bluetiger, the market is dumb as always then. "mining strategy" could be a few shovels and cheap labour on camp. I jest, but the gold at Pepas can be scooped out with a digger and processed for very little cost. I am a buyer when the market is dumb.

On 45,000 shares. I'll buy that here myself tomorrow if it goes to 19p

Fair enough Max, I can see your point. I think Brad thought it would come across differently as in "nice problems to have". I like the X updates personally, and it is true is it not that as holders we want to see this type of "problem" at Pepas?

Smokey, the tweet was only about Pepas, they already have a rig on APTA and can bring on a third if necessary. The tweet was just informing that they don't intend to update the Pepas MRE anytime soon, and that they continue to drill the area not just "drill elsewhere", which makes a lot of sense if you think about it and was referred to previously as the "Grand Pepas Strategy".

I expect we will have a lot of new folks looking at Orosur after this weeks price action. I would say to them that there are many posters here who have been buying OMI for 5 years+ and from my perspective that was always because of Anza as a high probability for massive gold findings. I like buying juniors when they have a land-package surrounded by proven major projects. The Mid-Cauca belt where Orosur is the largest land-holder at 400km2 is prolific, Buritica a 10m oz beast at 10g/t being just one example, but it was the fact that there are around 10 good projects in the area that always made it a high probabilty that OMIs land is littered with economical (high-grade) gold. That is now being realised and this is a great time to get in as an investor.

The sell-off from 40p to 16p was ridiculous, half of it due to the whole sector selling off, gold price decline, stronger USD, uncertainty of war etc, but half was due to the market misunderstanding of what the MRE at Pepas represented. A misunderstanding exemplified by Don Durrett on X who wrongly declared "it is a drill story, not a development story" while at the same time OMI had submitted Colombian applications (PTO) to progress to extraction at Pepas! A bargain and many of us loaded up at 16-17p while resident trolls proclaimed "its only worth 11p". Hopefully those trolls are gone now.

Conduit, as far as I remember, the only window that they could have bought in was immediately after the JV exit was agreed. Before that, the window was closed for years due to ongoing drilling and then JV exit negotiations. I am sure they regret not buying as the price was under 10p when the amicable JV exit was confirmed (don't have the exact figures at hand but I am sure you can look it up yourself).

I think La Jesuita target is under the radar, I don't hear anyone else mention it. I worked through the 43-101 with Claude in detail. La Jesuita is listed in the 43-101 for geophysics works in 2026.

Here is what Claude said:

The La Jesuita gap is the most important undrilled ground on the entire project. It sits directly on the Aragón Fault, in the same Miembro Transicional host rock, between two confirmed epithermal gold deposits. The planned 2026 geophysics over Jesuitas is the logical precursor to drilling — Orosur will use IP and magnetics to pick targets before committing drill holes, exactly as they did at Pepas before discovering it.

The La Jesuita anomaly is geochemically consistent with the APTA signature (gold + zinc in soils) which is the fingerprint of the proven epithermal system.

Don't be cheeky now, you asked why they aren't buying, meaning presently

Conduit, they cannot buy in the middle of drilling campaigns as they have the data before anyone else, it is essentially a freeze out for them.

28jac, you should email them. Hopefully they are already on that now they have realised there is significant soil movement. 30g/t just 1m under a no geo surface is worth peppering the area as you say.

Kevman, you forgot to tell your AI that the plan for Pepas is open-pit toll milling, so no mine needed. All of the calculations can be found in previous analysts reports. Capex is expected to be less than $20m mainly for site prep. Permitting process (called PTO in Colombia) is in-flight.

Happy for all holders here after many weeks of pain, and even happier for those that added under 20p. True believers in the face of undue market selling and heavy trolling. Any bet's on what is next - El Pantano JV? Extension of Apta? Whatever it is I am strapped in for the ride.

My comments this morning on X: https://x.com/BitcoinGambit/status/2043967655724368215

Https://x.com/i/status/2043772384487022907

Orosur makes the list of top drill holes, only number 32 and not sure over which timeframe. It would be good to compare the mcaps and average mcap of all these other high-profile companies that Orosur is listed with.

It has been a double whammy for Orosur, a poor reception for an MRE which was almost exactly what the analysts had expected, followed by gold price reduction and ongoing uncertainly in the Middle East. Nobody really knows how the oil crisis will play out, and how it will affect mining which may have an impact downstream on M&A thus impacting juniors. As we all know the whole sector has been impacted and there is nothing Orosur can do about that. Many high quality juniors on my watchlist are still on the floor so Orosur is definately not alone in that.

If there is no JV on the table for El Pantano, they will need a very strong geological story for the market which I am hopeful of one of these two being true. If there is a JV being discussed they need to move that to a Letter of Intent asap. They released the first drilling update on El Pantano on 12th December which all seemed very positive:

Visually, several of the holes have intersected extremely encouraging structures showing textures and mineralogy consistent with what is seen in other low sulphidation epithermal systems in the region. In particular, the presence of colloform banding in several intersected narrow veins is a key indicator often seen in the core of low sulphidation epithermal systems.

Preliminary interpretation would suggest that vein textures are indicative of lower temperatures, albeit with some examples of higher temperature overprinting. This would suggest that current drilling is still higher in the system, above the boiling zone.

The Company is confident that it has achieved its general objective of proving the existence of a substantial mineral system. This is an extremely positive and unusual result for the first drilling program on a grass roots project. The challenge, however, is identifying where, within the mineral system, economic widths and grades may have been deposited.

So one can read between the lines in that the drill results do not show what the market wants to see in respect of high grades of precious metals. As such I guess Brad has taken the decision not to release the "pathfinding" numbers which is what we were all waiting for during Q1. If there is no progress being made towards a JV at present they will need to package the "pathfinding" El Pantano data into a major operational update which I think would be in May alongside new results for Apta (which the market will like ofc).

Https://x.com/DonDurrett/status/2042318793725395195

I don't know the details of the deal so take this with a pinch of salt, but increased M&A activity is likely if PM prices hold up. And there will be no cheap buyouts. The best projects will command a premium. $500 per ounce in the ground. Both Brad and Louis are on record stating that the cheque books are being waved at Orosur. They are doing the right thing by drilling out. I hope they go for 2 rigs at Apta for in-fill and expansion. That is the jewel in the crown (thus far - heres hoping El Pantano and El Cedro can add to that).

Jerry added to the filter list. I think I have less patience for fools the older I get. If he wants to invest only on the basis of RNS's then he will be behind the curve in every move he makes. That is his choice.