Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Welcome to your opinion formeelyeasyp but the MM's are moving the bid and ask about. They've been doing it quite deliberately I'm sure. I don't trust any buys or sells. It's the Omi way. Shake it shake it shake it like a Polaroid picture MM's.
Yeah time will tell if it's the right thing to do but would think that brad is being genuine here. Certainly not selling myself at such a critical point. Good luck though.
Collective are doing some beautiful things down in Colombia. I know Turner Pope had a Collective JV with Orosur plug a few months back in one of their research notes. Is Brad just a fanboy or is he sending subliminal messages or subtle hints :D
TJ of course this would be early and Omi have a habit of not getting timings right but he has stopped tweeting which to me was suggestive that they are getting close to an announcement. Wouldn't be surprised if an update came early, on time or late. I suppose all you can do is place your chips as sure we day there will be an update. I don't think anyone is hanging about so things will move rapidly once that starting gun is fired.
I don't think anybody minds too much if it's going in the ground, results are being reported and the company is moving forward. People forget as well that Omi have a green angle as well with lithium in Nigeria and Tin in Brazil....the company has been in limbo since c&m to be on the cusp of coming out of that is exciting.
That's the thing bhargav. Omi has been suppressed so long that you are most likely right. It's still an absolute give me at this price still.
Funded for this upcoming drill campaign. Always going to be funding pressures on a junior. That's life investing in the space and with companies at this mcap.
Tugmaster Bruce Lee said not to think, feel. Reasons to buy.
1. Good price current compared to holders average
2. 100pc control coming
3. Funded
4. Upcoming drill campaign
5. Stonking grades previously
6. Brad George drill king
7. Newmont still major shareholder
8. Director buys incoming
9. Newsflow squirreled away from other projects
10. Commercially sensitive info to come light
11. Trend is north
12. Gold price ATH
13. Projections from great vampire squid $2800
14. Elephant country in Colombia
15. Neighbours are awash with gold
16. Buritica sold for $1 billion
17. Shouting from rooftops
18. Louis Castro is sexy
19. Mining district
20. St Nicholas is a good at business :D
21. Potential upcoming JV
22. Pepas drills previous yielded nearly 20p share price
23. Heady heights of 40p previously
24. It moves quickly
Loads more reasons but Omi is a suppressed lion and it wants to roar and show it's king of the jungle. Everybody mocked and belittled Brad and Louis, it's personal for them and they want to ram paper down each and every one of the naysayer's mouths. They are dangerous like maverick was in top gun. Best of the best, getting ready to drill and add value for their shareholders.
Just needs a little more buying pressure and the little Omi train wants to start chugging along. Speculation and anticipation will build. No tweets for a few days, some may interpret that as a signal we are getting into the final furlong? Can't be discounted but we all know the given timetable so it's still early and we haven't reached peak trader buying yet. Once that happens Omi will be off to the races.
Nice buy TJ seems not many shares floating about.
NT indeed
Yes Legalwolf. I imagine some will want the security of the contracts signed before committing more funds or entering the fray. Owning 100pc of Anza will have to increase the mcap here. No doubt about it. A sensible figure is probably around 7p to 10p in my mind. Much higher than today's share price. Drilling results however will be the real driver to push the share price and the company are vocal about doing that quickly. Previous results at Pepas pushed it near 300pc if I remember correctly. Tickled 20p so I don't think this figure should be completely ruled out in a few months. Especially as gold is booming and the geopolitical situations popping up all across the globe. These are quite frankly mysterious times.
I can smell burning rocket fuel meandering in the wind as the Omi rocket awaits the signal to blast off :D
So do I bhargav. They really got my motor running :)
Poor leematt probs got mugged...critter
Will clearly be pull backs Rob. When inflation data came out a few days ago the gold price slammed down only to blast up even harder. Shorts apparently increased but from what I'm reading there is just insatiable appetite to buy gold currently. Targets are off the table in this climate. World is bonkers.
Scary to think tapering not even started. Sticky sticky inflation in US and at ATH in gold. Unloved mining sector finally going to wake up?
Anybody that bought yesterday hats off to you. Impeccable timing :)
I don't want to sound rampy but one has to ride the bull.
Current ratio of price of an ounce of gold/S&P: 0.46
Ratio of price of an ounce of gold/S&P, August 2011 (debt ceiling crisis): 1.69
Ratio of price of an ounce of gold/S&P, August 1979 (Paul Volcker becomes Fed Chair): 2.75
Gold to go to moon along with gold stocks.