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Seems the faithful have given up or are tetchy with the way the markets have been recently. For me I have complete confidence that we'll get some news on Brazil and a confidence boosting result from imminent holes at pepas this month. Remember these holes will have been targeted where the above 1.5g samples were taken. Seems a nice cluster of them at pepas as well. I personally think we may even get the major signalling there intent to move to phase 2 with these pepas results sometime in July. That would certainly throw the cat amongst the pigeons.....

Yep - major backing and financed check, proven land area check, proven gold district check, strategic deposit as per Colombian mining agency check, due diligence via sampling completed check, entering drill phase check, diversification via other projects check....one day majors are going to step up the gear here.

Sotolo has called it right so far. Things haven't moved at the pace that we all expected. Coupled with the sector downturn, cost of living crisis, war going on and aftermath of covid I wouldn't have predicted that we would be sitting at this mcap. Not much to drop but alot than can be added on right notes. At where we are though, with risk attached and on the cusp of what is being dubbed the drill phase just around the corner I truly believe that I'd be happier here than many other stocks that have been decimated. Brad is confident phase 2 be realised in his interview, maybe he could show that confidence along with other directors.

Indeed. Phase 2 initiation is key here. My over riding belief is that our fate lies in the hands of that and if actioned our share price will be linked to the drilling that's carried out. The more metres covered the higher we should in theory we will go. The other projects certainly can help the feel good factor if Colombia starts to pick up and we are treated to regular results. Nice to hear that phase 2 is the "drill drill drill" again. Can't wait for that.

A significant buy this week or after Brazil RNS would be significant. Do I think they have it them....I'm not so sure from previous form.

Yes Dr apart from the obvious they've been mapping extensively the region and have now sent geologists down to the south so focus will remain on the north for the time being drill wise I'd imagine before moving to the south afterwards. We are in phase 1 which is basically out with the drills at Apta a fact finding phase and drawing a picture of the greater land area. If the majors activate phase 2 which I believe they will, then we will see the drills pick up (clearly they'll be at 51pc holding) which in itself should indicate they like what they are finding. Its kind of funny that when we are on the cusp of an interesting phase which promises to be what everybody invested originally for, holders sentiment is in the bin with what seems like most looking for an exit. Funny world. I'm excited personally :)

Anybody that actually knows anything about Anza and the dynamics with orosur and majors would know that Apta was only drilled as it was the easiest and safest to do through covid. I actually think they have went further there than was ever planned there. Much has been made about the news flow and what we as orosur shareholders are getting wind of. Previous RNS' have stated that it runs deep and that and supports the thesis of high sulphides epithermal deposit and they are finding evidence of this in the north. It's difficult to explore and can often lead to companies barking up the wrong tree and spending vast amounts of money. These type of deposits are predominantly occur in younger poorly eroded magmatic arcs (e.g., Andes of South America). Most high sulphidation systems are characterised by gold grades in the 1-3.5 g/t range, some display remarkably higher gold grades and usually higher copper grades deeper (sound familiar with Apta? Field mapping of alteration mineralogies and alteration zones is critical. Similarly, early field recognition of rock textures and identification of fluid plumbing systems may vector towards higher grade ores, careful mapping of breccias can be of critical importance in targeting drill testing. What do you think these boys have been doing?

Without context

Nice email for clarification which there was no doubt. People often get caught up in the daily grind of share price performance but there were plenty positives in that slideshow, some of it harder to understand with context. A few highlights "evidence of carbonate veins in North" tickled my fancy. If you look at the rock samples there is an nice pocket of over 1.5g/t of gold samples at Pepas. Looks like homework has been done there. Guess where they have been drilling since at least mid April with shorter rigs, where which the deeper rig joined in May sometime..Pepas. As stated it's taken this project 10 years to get a drill other than Apta. We should be excited as investors if phase 2 is actioned. This has been dubbed as the "drill phase". On a side note expect a Brazil RNS shortly as exploration is a out to start/ stream sampling July.

I think it's more to do with defining the wider area. Was never about proving up Apta to resource then moving onto somewhere else and doing the same. Brad mentioned this in previous webinars that they are after big resource not just an Apta sized one. Apta won't go anywhere it's proven. They are moving onto wider land package. I wouldn't be sweating that.

I downloaded the pdf. Should be able to click the pdf symbol and download. Tried there it worked for me again ok.

The presentation slides for today's meeting is on orosur website if anyone wants to look at the "new orosur". :)

RPdard I can answer that. Basically the original plan was to bring 2 deeper rigs in when they moved the shorter ones to the north. One deep rig was earmarked for Apta and one for the north at undecided location but both these are now in North along with the shorter ones. They changed plan and did not drill deeper at Apta. Last RNS says an extra rig has also been brought to north. My theory is that they can strike Apta deeper at anytime, it's proven to a degree, the deep copper, zinc etc is not going anywhere. The north had positive sampling in which they added these two new areas afterwards....They have had the shorter rigs up north since April and the deeper ones probably around mid may potentially...so either the shorter ones have been throwing up some decent results or they are making a fair stab in other areas pepas and pupino before making a decision on phase 2. I think they like what they are finding up there but that's my opinion only plus Brad in interviews has said sampling was good up there (only his word to go on)...Orosur seem to be quite out the loop with works and Agnico are leading the charge. I suppose we have trust that the best in world at this type of deposit know what they are doing. Bit frustrating when our share price is lagging however.

Good news from Argentina. Although early doors seems like there is a bit of potential. Market over reacted yesterday regarding the holes. The main news was that drilling is underway at both pepas and pupino. Apta has been parked though clearly still has potential deeper but majors know that and can revisit at anytime. You have to remember that pepas and pupino were added after encouraging sampling and now they are scouting these areas with drills. This is a big positive. It's apparently a tough place to drill with rugged terrain and difficulty in access. Can't imagine they would bother unless they were shown quite a bit of encouragement.

And pupino. Would still like to know if deeper rigs have since drilled at Apta to clarify the issue of not having the correct tools when drilling these holes.

Poor RNS for gold grades but I think people are forgetting bigger picture. With deeper rigs it sounds like there is plenty still to drill at Apta. Have to remember also that these holes were in way before deeper rigs were ordered and actioned.

"These results would suggest that while APTA remains a highly prospective target, with multiple thick and high-grade intersections having been previously recorded, it is also complex and has substantial depth extent that is beyond the capacity of the current drill rig fleet to test"

The real story is moving to the north.....dangerous time to trade when should get results from pepas in July.

Bhargav your timeline makes sense. We do know that insti involvement and phase 2 are are at the forefront of Orosur's near term agenda and no doubt is taking precedence. The last RNS about face to face meeting did clearly state that no new information would be discussed so perhaps it is basically just what it says on the tin and a bit of a red herring expecting that news would drop before it. As for the voting. I'm trying to look to the future personally. Alot of factors that if Brad plays well over the next few months I won't mind so much about it but I certainly wouldn't be happy if it happened again and honest hard-working patron's voices were ignored.

I agree, seems a strange time to sell approaching our quarterly Colombia update. A few buys yesterday afternoon. Possibly happen again today?

Good luck getting management to put their hands in their pockets to that tune. Brad is but a poor man as he had said in previous webinars. Plus as management like to point out they are always in control of sensitive information :p I agree though, confident buying from the board would be welcome as I personally think they are not holding anywhere near enough currently.

The only good thing about it being dead Vicjain is if the torch paper is lit with a solid and strong Colombia update then this will rapidly move through the gears. It's been watertight recently so either there is nothing to report or orosur have been busy working on a few things...I suppose we'll find out soon enough. Like you tho I can't imagine Brad will want a face to face with investors without some kind of update to chew over.