Member Info for Chickenlegs

Probably right Sianhan and with delayed assays nothing seems to be able to stop the drift. To be fair though I'd defs scoop more up at 10p for sure. Think of the insti's that got mugged for 17p before Xmas. At 10p if Brad and his amigos are not buying in volume then it creates more of a red flag for me but if they do buy in decent quantity I think that would be a decent signal to buy. I've said before that this drift and delay seems a little orchestrated the timings falling a little too conveniently with trigger points where I would be expecting a lift. At least we know the grades they have uncovered are decent if the share price is floundering.

I hope you are right bonker99 but only two trading days left so he's taking up to the wire if he is. It is certainly brave to agree to a webinar with no new information to digest or talk about. I can't see anything coming before it but that is just my opinion and would obviously like to be wrong.

Even if they say they don't. Especially being quite close to this date it will definitely be in their strategic thinking and planning. Certainly going in to 3rd 4th quarter things are likely to get interesting.

Could be impecunious2. I honestly don't know what will happen with them but I could think of a few scenarios off the top of my head. Some that would give the price a lift, some that could be detrimental to the price. I think it is certainly worthwhile keeping this in the back of ones mind. Maybe someone could elaborate further on this point. The cynic in me thinks covid delays wether by design or by chance has brought us closer to this date. The price has fallen quite considerably. Part of me thinks that perhaps it is actually in the best interests of the share near term to have this issue dealt with before the real action starts with gaining of licences, before we see considerable director buys which you have alluded too but only Loryser is going to know what is happening or is being planned. Loryser is subsidiary of Orosur as well so I would say the board of directors in Orosur will have a fair idea even if

Hi impecunious2 there are few posters a bit more knowledgeable with regards to this but mainly it stems from the closing of the mine in Uruguay. The court's stipulation was that the creditor issue was complete by September 2021. At the time the creditors accepted a 10millon share issue in Omi as payment. These are currently being held by Mr. Carlos V. C. Perez as per the major shareholder list on omi website. Around 5pc of company.

"The Agreement provides that the net proceeds from the sale of Loryser’s assets in Uruguay, together with the issuance of 10 million common shares in Orosur, shall fully satisfy all amounts owing by Loryser to its creditors, as well as provide funds for Loryser to conduct this process and manage the orderly closure of its operations. The Agreement requires Loryser to manage and complete the sale and payment process within two years, starting from the date of the ratification by the Court. The issuance of common shares in Orosur is subject to the approval of the Toronto Stock Exchange"

So we are approaching the 2 years in September 2021 but not sure what will happen with the 10 million shares. I don't think anybody really knows. Certainly not us PI's anyway.

The lack of news here has been disappointing but it doesn't mean it's done. The pull back i'd probably even say is healthy considering its last year's performance. The problem I have near term is we still have the lab issue which we have had no sign that it is improving.

Colombia are also experiencing their highest covid levels. This is coupled with the fact that jab rate is pretty low compared to more affluent, western counterparts. Geopolitically Columbia is a bit of a **** storm also.

Now if we go back to Omi sure it seems they are still drilling but we are completely in the dark with regards to this and the grades that they are pulling out.

We also have historical issues that are on the horizon. The Loryser shares timeline is September and who knows what will happen with them. Will they be sold to the market, will an insti take them, Agnico? No one really knows.

I am bullish long term but there are a few near term variables and issues that don't sit too well with me and I am extremely bullish on this. I decided not to add anymore currently as I want to see how these near term issues play out.

I am though holding and I won't sell but for me I believe upping my cash reservoir is sensible as I think September/ October things will be clearer and hopefully pick up. Also gives me a bit of insurance if we drop further. I can add a decent tranche at a lower price if things go south. Near term I just can't call how this will go.

Keeping my shares tightly held and looking to add more throughout this year at points :p

Got to agree with you Webbs. Though the delays have seen a price collapse it always provides an opportunity. I assume you have been filling your boots recently?

Got to say it's a lovely looking chart bonker99. I did in-fact see this over the weekend. Hopefully with the webinar coming up the price can gather some positive momentum and perhaps even an update from Omi prior to this.

Yep I really should be writing some commercial pop songs with my lyrical genius. Or perhaps mapp and myself could become a twosome to take the world by storm.

Unfortunately I don't think I have the will to continue writing in rhyme because quite frankly it is what I consider a crime. It is also taking up far too much of my time, which i have to mix in a squeeze of lime and add a dusting of thyme. So on that matter I'm afraid I am going to call a day on it.

Anyone actually got something to digest today?

Hi mate mapp, who likes to rap
Don't be fooled by the mm trap
Buy some more the lower we go
Sit back and watch as our stacks all grow

We'll all be rich in a year or two
Or be poor with beaten up shoes
It's the chance you take on dodgy aim
The odds set up to drive you insane

Sit down tonight to eat your spaghetti
And ponder this how your shares are confetti
Sprinkle them high up in the air
Shout out alas "i don't care"

For I believe in the project Anza
It's not as crooked as Abu Hamza
Columbia is the sweetest place to be
Dreams will come true soon we'll see

Yeah I think we have all been there looking at the slide and wondering what we've done wrong. I liked this at 17p all the way up to 35p all the way down to 18p back up to 40p and all the way down to where we are now but one thing I am certain of is I am still going to buy this. To be fair I've been so close to buying a couple of times this week but I have held off. Mainly cause I'm holding quite a bit now and as the slide has been rather ferocious the bargain in me thinks I can maybe get them a bit cheaper. Win win really. It goes up I'm happy and if it goes down I'm still happy as I'm happy enough to keep adding and I believe that eventually Omi will get there.

Omi's communication of late seems to have improved. The Rick Rule presentation was interesting for the point that you mentioned. It also mentioned about how he'd prefer to invest in a company quietly going about their business, letting the results do the talking without the spin and pumping. I think his words were something along the lines of you can fix communications but you can't fix what's in the ground. Sprott would be an interesting angle. I suppose when you have two majors driving this then it could be a good addition to their junior mining ETF. Imagine if that happened. Your right shorts should be very worried.

Lovely summary posts mamba. You have literally echoed my thoughts completely.

Haha doctor I have stopped monitoring price. At the end of the day most mining stocks are in malaise price wise. Anyone that has been in this stock more than 5 minutes knows what our triggers are. Not sure about extra rig. They do have form for introducing extras without updating the market or updating in a low key fashion as if you'd nearly miss the info if you were skimming over it.

Of course they want you to sell and I'm sure plenty have over the last few months and at loss. That's where believing in yourself and your research comes into play. Can be nasty and disheartening watching further losses or watching profits disappear tho. Plus you have the added notion that your missing gains in other stocks which can add to the misery. The psychology of that day on day can certainly wear people down coupled with delays in news flow. I for one believe in Anza and I'm happy to keep adding. The price drops I can add more cheaper. That's my prerogative.

I think you have to consider that all junior mining is a punt but i just think that Anza is an educated one from Newmont. The fact that Agnico were willing to come on board tells me that they obviously see potential in Anza as well. I know they can afford to fund multiple junior operations in the knowledge that not every one will come off but I just don't see why 2 majors would come in if Anza didn't have a good probability of success. When you consider the successes previously in the mid-cauca belt a picture emerges of why they are interested.

Yep nobody has anything to chat about. There hasn't really any new info to chew on and the price action is stagnant. Usually this is when people get bored and sell up and miss any potential increase in share price when news drops. I don't really know when that will be myself. Just have to practice patience and add if you can. Was hoping for some news this week with the new twitter feed but alas it wasn't to be. That is cool tho. Seems MMs don't really want to drop it much further than here though. I still think this a nice price to add or enter. Judging by previous RNS though it looks to be that patience is going to be your friend.

For me it's a good price to be scooping up some shares. At this price there is definitely a good upside with what I perceive as minimal downside. The risk here surely has to be in favour of buyers at the moment. Seems to be in a range currently but I'd hazard that value hunters surely will have this on their radar now. I just feel orosur are priming for some news soon.

New twitter account dropped. Not much on it currently but hopefully it is the start of some juicy news flow. Perhaps an RNS coming tomorrow. Here is hoping.