Member Info for Chickenlegs

Personally although I am clearly bullish and I think the company is in the process getting their act together and turning a corner, I think it is also wise to consider negative views or experiences also. At this moment in time, they seem to be close to getting 100pc back of the company. That is a positive, however they still haven't secured that. I will be extremely disappointed if they don't get that over the line, especially after phase 2/ c&m which I don't think anyone can sugar coat. They were very vocal and then retreated in to their shells just as quickly. That was a sh*t show....though this time I think is different, but at the end of the day, proof is in the pudding.

Even the great saint Nick von Schirnding filled his ISA allowance recently. Unfortunately for us he used it to fill his goody bag full of Arc Minerals.

I agree Dr I don't think anyone has an issue over the resource or the project at Anza. I would wager most analysts believe it to be a good project in a world class post code. Most people's issue come from the management team and a question mark over financing. I think they are fair concerns after the last couple years. The people who are bullish on this know this has potential to be a good resource in the future and can see that the company has started to turn a corner. I have to second that the constant put downs of the Orosur directors must annoy them and the continual disparaging of them just picking up a wage etc. I'm not discounting that to be the case, plenty aim companies seem like that but to be honest I get a feeling Brad is a geology purist and hoped that the project would have been further along. Quite clear to see that c&m hurt him and his reputation took a battering after that. I can't say I was impressed by management at that point in time for instance, and for me, the management team still have to do more. However, one thing that is certain is, if Anza is coming 100pc back to Orosur (I believe it will), the management team will have down remarkably well to achieve that and would deserve a pat on the back and kudos for that. It looks like m&a activity is starting to heat up, BHP/ Anglo this time. Of course we don't know the exact ins and outs of the LOI and the deal that looks to be struck, which by now will be with legal teams but I just keep coming back to commercially sensitive information which could mean a number of things. What better way to kick off the "new Orosur' by dropping an absolute bomb. Read between the lines.....you don't pull all your resources to Colombia unless you mean business in that location. They'll be in the talking mood that is for sure.

It's not inconceivable that Brad is working on drill plans when the Omi team are either in Colombia or are descending on Colombia to prepare for a drill program. Makes complete sense.

Of course Brad should be engaging the market. They've been heavily criticised for not doing this over the last few years, I don't see how communicating now can be seen as a negative.

Sometimes it doesn't matter what somebody does, ot tries you'll just never win or please everybody. I think that is the case here. That's life.

The only difference with Oliver Twist is the begging bowl is full to the brim with gold.

No daily tweets today Bhargav . Must be busy working on drill plans :D

1 step forward 3 steps back. To be fair last RNS stated aiming to complete by end of May. Possibly overcooked that date, to ensure it definitely hits this time...but that would be a matter of opinion. Lots of positives in the last update, pretty much holding news back from Argentina, Nigeria and even the Uruguay historical issues it seems....

Perversely some think the push back was a move by the team to suppress the price a bit for when the handing over of keys is completed therefore allowing director buys to be achieved as low as possible. Not rich men haha. If that's the case optimally I expect a Colombian RNS in 7 to 21 days. Anything approaching the end of that timeline to mid May, possibly will result in speculative additions and may see the price go on a bit of a run, possibly may be stronger this time as well as the likelihood of a Nah completion was always going to be stronger than an April completion.

Fun times to be had on the Omi rollercoaster. Up down, hokey cokey, trade it all about, that's what the MM's are all about..... realistically Legalwolf sums it well in his post and I don't think anybody here thinks anything is falling through. Probs likely be at 4.5, 5 by mid may if no RNS forthcoming. Might cook a little like mid April. Traders obviously going to ebb and flow but I don't think they'll want to be out for news which by all accounts could drop any time, though more like in a few weeks. Tricky to time, though would just love brad to break the habit of a lifetime and be early for once :)

I may add that was over something like 26k metres....

I am happy with that bhargav agree to disagree. Like I said there are points that i agree with and your knowledge is extremely strong on Omi. More positive though as it finally looks like they are turning the corner, il be much happier when I see the red dot saying that the transaction is complete. Premium will of course be paid for that. I do have complete confidence in this completing though and have confidence that the Pepas drills will come up with the goods.

Historical drills at Apta the first 71 holes

35% came up with greater than 10g/t.

50.7% were over 5g/t.

18.3% were over 20g/t

12.7% were over 30g/t

8.5% were over 50g/t

5.6% were over 70g/t

2.8% were over 100g/t

That's mad stats and that's not including other results and other drilling that was conducted after.

Bhargav. It makes no odds to me if you buy, sell ramp, deramp. You were asked if you sold, which I may add you questioned myself and others at various points the same question and you took it thick and left the telegram group. No one asked you to go, nor were you herded out. You just took it thick plain and simple and left. You might not agree with that, but that is what happened. As I've said I may not agree with your strategy but I do in principle agree with some things you say and other things I don't agree with. I have no beef with you personally and if I were ever in London I definitely would have a few drinks and a chat etc, likewise if you were ever in my neck of the woods, I would certainly offer you the same hospitality. Challenge? I don't really get that, or the law references.

"The lads heading out of the El Pantano gold project in Argentina after a short, sharp campaign before the winter recess. They will now head to warmer climes in Colombia. One key objective for the last few weeks at El Pantano was to complete the Environmental Report that is required as part of the permitting process to allow us to drill. This is now done and we anticipate having this permit after winter, giving us two high quality gold projects to have a crack at". Brad George twitter

Jackbal nothing wrong with working and average, it is how people do that I think had irked quite a few posters. Usually quite clear when the average working is happening also. It is everyone's right to have an opinion positive and negative. Bhargav got called out for some thing which he didn't like. I respect bhargav's knowledge in Omi and some things personally I agree with on the surface, however constant critique of a share that you want to see do well doesn't make sense, whilst ramping all the time doesn't make sense either. I'll leave it at that. Your right c&m has been terrible for Omi, dragged on far too long. Brazil in hindsight seems that was the wrong move, at the time people questioned it, I myself though that it could be a good move as Omi were a one trick pony. Omi going if alone though for instance would make them very open for M&A activity if Anza was on the books. Argentina and Nigeria clearly just are the better picks for diversification. They also didn't seem to do much there apart from sample. Would be interesting to see how much it cost in total though.

That's the risk to take smokey1. One could argue that they said they would look to get 100pc control back. They got scoffed at then. They are on the cusp of that, LOI went in and officially updated market of that. Easy thing to do would be to sell if you didn't believe. Even the less optimistic, or ones who don't believe in the company at all are still here. Of course could invest when the official update comes through instead if less risk averse. Or of course if you think it'd a failure to sell out completely. We are all adults at end of day. Everyone has to make their own decision. No one could hold ones hand.

Apparently the team are at Anza setting up camp, infrastructure etc which doesn't come across as a company that seems to be worrying about timelines or it falling through . I'm not entirely sure that's the case (a delay) and as a few have pointed out expectations were that it most likely come together in May. I do think the credibility would be shot if they over stepped that timeline end of May but as always could be a possibility. They do have form previously for missing deadlines. Perhaps being more cautious in the previous RNS was more warranted. I do agree bhargav that there will be director buys soon, perhaps at 5p as you suggest. I think that has to be a given. Of course that cannot happen until all cards are on the table. I don't think anyone can be too disappointed, end of day nothing to be disappointed about realistically. The market know that too. Like I said it's a weird one. Brazil off books is a plus, as pointed out finance was decent too. A lot too look forward too still.

Had worse days have to say. Every day that passes brings official news and updates from the company closer. I personally haven't even blinked. The optimistic view was that a Colombia update would land end of April. To be honest, we are still a week away from that still. Very hard to predict exactly when something of this nature will go through. Perhaps Brad has been a bit too positive in the last RNS, but if someone want to be in for that news and the upcoming drill then it is going to be hard to time. Pretty much any day from now is going to be fair game from now, the company don't have any control over the matter. It seems that MMS will take big holdings through out the day and any significant buying pressure will move this quick. No one has a crystal ball of when we will get an update, but trust that the company are looking to get everything in place so that when it comes, they can start. Remember Newmont will not be hard to deal with, they are Omi's biggest shareholder. Tricky one for bulls and bears but judging by the action today, I didn't get the impression that there was a massive exodus.

Links not working but should be able to search in telegram and set go public now.

*************orosur_mining

decided to create a new orosur mining telegram group. really this came about as there wasn't a public forum for folks to chat about all things omi. positive and negative comments are more than welcome, more the merrier... everyone is welcome in this group. anyone that wants to join just click on the link provided. genuine link. see you there :)

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Also it's not really a delay. It was said in last RNS end of April at the earliest. Most likely it will come somewhere in between. Good luck all.