Member Info for breaktwister

Northman, many of us asked that question in January, they were El Pantano assays and Brad confirmed they are collecting all data to inform an updated model. The first phrase of drilling was reconnaissance, the high-grade (if they find it) will be much deeper here in what is known as an epithermal boiling zone. The Claude analysis I posted the other day describes it. The initial drilling was not about looking for a motherlode, but just ensuring that they can locate it in a massive landholding - a 25km rift structure that hosts the epithermal system — which is the geological target corridor within the much larger 560-607km² licence area.

Which is why it was hugely positive that the "one more deep hole" in the recent tweet.

lol, their filter does not like the first four letters of your name ****goestheeasal!

good points ****, if i can summarize "patience grasshopper and btfd"

Agray, I disagree. It would be very tedious for everyone is every metre of a drill program had to be documented. Plans are simply ranges, they can cut the plan short if they find nothing for example, RNS of 12th Dec stated: Between 3,000-4,000m is planned. You think they should RNS a few extra holes? No, there was nothing material in the tweet, certainly not for anyone that has been paying attention - read the 12th Dec RNS.

Here is Claudes analysis of the new photo alongside the previous RNS which included a close-up of a core sample:

Looking at the core trays in the photo with the three geologists, there are several interesting observations:

What's visible in the trays:

Variable lithology - You can see distinct colour changes along the core runs, with sections appearing lighter/whiter interspersed with darker grey material. This colour banding/zoning is often significant in epithermal systems.

The piece being examined - The sample the central geologist is holding (also shown in your closeup) displays classic colloform banding - those distinctive layered, wavy patterns in white/grey/green. This is exactly the texture referenced in your project description as a "key indicator often seen in the core of low sulphidation epithermal systems."

White/siliceous zones - Several sections in the trays appear notably white/pale, suggesting silica flooding or quartz veining, which is a positive indicator in low sulphidation epithermal environments.

Core breaks and structure - There appear to be some core discontinuities suggesting structural intersections - potentially vein zones.

Regarding silver prospectivity:

The colloform banding texture is particularly encouraging. In the Deseado Massif context (think Cerro Negro, Manantial Espejo nearby), these textures are classically associated with bonanza-grade Ag-Au mineralisation in the boiling zone. The fact that preliminary interpretation suggests you're above the boiling zone means there's potential for better grades at depth.

The excitement of those three geologists seems justified!

Https://x.com/OrosurM/status/2031395326838382831?s=20

Drill program extended, "one more deep hole"

Sounds good to me

Kingfisher, I'll cover the main points from my perspective, I am sure others will fill in the details. Firstly, the MRE for Pepas is highly unusual, most other companies would never release such a small MRE and the small size of it has fooled the market which has incorrectly respnded with aggressive selling. The reason is clear, no other companies have such a small economical deposit (high grade from surface) just sitting on a hill that requires minimal CAPEX. Most companies would just keep drilling and expand that maiden MRE before releasing it to the market. OMI has a different and correct strategy, to move forward at pace to monetise Pepas, the first step of which is the MRE.

Secondly, many investors here are in from before Pepas was even found, and that is because of the historical drilling at Apta and the prospectivity of the surrounding Anza region. Here are some holes from Apta which OMI is beginning to drill again:

MAP048: 14m @ 40.37g/t = 565 g/t.m.

MAP038: 40m @ 14.09g/t = 564 g/t.m.

MAP079: 24m @ 17.4 g/t = 418 g/t.m.

These are world class holes, no other junior of under $100m has holes like this, on top of near term monetization of a high-grade open pit.

Once Brad starts releasing holes from Apta the market will be in shock because it has sold OMI as if Pepas is all it has. I could go on, the Anza holdings have now doubled as part of the MMA JV exit, some very very nice looking targets there. I always look for juniors that have projects in a known mineralised area, Anza had Burritica not far to the North, and El Pantano is surrounded by operational mines.

Why can't you trade in your ISA? That is where I do most of mine. £3.99 per trade and no taxes/duty as its AIM.

Good luck with your trade Everyone (and every one actually, except E1 and all the other fools) - you didn't have to tell us about your large position. I still think this is the bottom, PMs looking every strong this evening.

Jeez, I liked your post initially Everyone, I assumed you were joking. You called your broker and had them sell 1.4m shares at any price? They wouldn't have quoted for this online

Dumping that amount of shares at any price smells like someone got margin called elsewhere.

Surely the PDAC cheque-wavers will buy on the open market, if they like the assets that much just buy a share of the company.

Trades are going through now but they didn't want to sell any at an 18 handle

No quotes to buy on IG either.

Wont even quote me for 25k, I wanted 100k. MM liars.

Let's see Karl, the profit is only real when it is on your account or you buy something with it that makes you or your families life better. All to play for still, but the probabilities are heavily weighted towards a great 2026 for Orosur. Apta drilling is nailed on imo. Simple in-filling will be showing grades that no other company has never mind a junior valued at buttons in a gold bull market. Brad thinks they can step out and hit - imagine.

Big seller today. Thanks for the cheap shares big seller. Who knows what drives people to sell, could be one of the institutional holders got a tap on shoulder and told to trim gold mining positions. You just don't know, you have to have your own thesis and the balls to back it.

Karl, yes, I have been buying here for many years and loaded up during the slide to 2p when it was obvious that a deal was being made. I break my rules on portfolio concentration to buy in here in times like that, which I parallel to today's price, hence "all in today". For transparency, I keep a portion for trading, and topslice rips. I have to do that to get my portfolio allocation back into some kind of sensible risk range. I can't image holding 3m+ shares and watching it fall from 40p to 19p. It was brutal enough watching my core holding reduce in value. I have a core holding with a core price target and then a trading portion.

Pushed all my chips in, I have about £300 cash left and every single account loaded up on cheap Orosur shares. Wait for the Apta drill holes in a few weeks. We also know they have found a "substantial mineralised system" at El Pantano with visible silver in the core. I hope they can put a good release together, I expect it to have a targetted Phase 2 drill plan to find the higher grade stuff. But Apta will wake the market up anyway.

OJ, they didn't release them. Putting all together at present as per today's tweet. Read into that what you will. Brad has been very clear that with the size of El Pantano, the liklihood that they walk up and hit the motherlode on the first go is miniscule, so probably right that they didn't release "pathfinding" holes. The market expects too much as we seen with the utterly insane MRE sell-off.

Can't buy via IG. I think their whole stock trading platform has crapped out. No quote, limit buy order just sitting there. FFS.