Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Raises are going to come of course. But if it's going in the ground and we see drills then happy days. Market are not pricing in historical, world class assays for here or the thousands of metres already drilled but when assays are released to the market, the market clucks like a junky on crack (clearly when they are good).
Potential price targets are pretty insane, and by god the share price is still cheap. People were paying 40p just a few short years ago, and since then Anza is potentially more attractive. Certainly more data, more areas, more potential gold. Orosur itself is not a one trick pony anymore either.
The only thing missing is the JV? One could argue though having majors on board has been a curse rather than a blessing. As we can see, the company has a voice again, they are taking a leaf out of the Collective mining approach and I've got to say, I really really like it. I also like the approach going to be taken at Pepas, it's nimble and the promise of assays on the regular is going to be extremely exciting.
Aim needs a junior mining darling after this bear market. Orosur is primed to possibly be it. Talks were it's the next Greatland. Clearly not Australia but Mid Cauca Belt is prolific. Petro is a goner and Colombia currently far too reliant on the mining sector to cut its nose off to spite it's face.
More often than not results are good here. Deposits in this area tend to be mammoth multiple meterage 3g+. Their is some historical data that i have read which makes for interesting reading. It's all there if you research hard enough. A
The 1st set of Pepas drills were world class. Can't help it if Agnico attacked the body wrong. Something Brad said on the down low at the time. I have to add as well that although mineral resource estimate etc are not in place but there was definitely guidance/ literature saying that Anza probably had in the region of 2.7m Oz, but that was quite a long time ago and based on a lot less sampling data they had at the time.
Since then a wealth of sampling has taken place, and new areas have also been added. Pepas being one of them. I would imagine the potential would be a lot bigger now. 2.7m Oz is probably really conservative for the whole Gold District.
Also worth noting that the Colombian government has Anza pegged as a deposit with strategic importance. They know it's big.
Dealing with a different Orosur now. It's now a junior with a balanced portfolio and voice. Potentially another good deposit in Argentina, right next a few major mines.....positioned nicely for EV revolution in Nigeria and Brazil. Lost a lot of credibility from the market, stuck on limbo and actually probably through no fault of their own but I think it's clear for everyone to see that Anza is the jewel in the crown and it's a new beginning. Nice plug for the more fancied areas as well. Apta and Pepas were never really what Anza was about, they are merely bonus'. Gold District was the quote.
An epic rise is definitely on the cards. By luck or by design Orosur might just be the right stock at the right time. One of the reasons why I was here was to be drilling in an optimal gold price scenario. It's just about to become reality, but now owning 100pc of Anza! Simply sensational.
Good day at the office but it's only the beginning. It's not even hard to say that. Potential share price with a bit of love from the market and it really is the sky is the limit. This tiger has been caged too long. Its about to roar like Katy Perry #ROAR
No debt just good vibes. Buy buy buy before next gap up
Last chance to jump on as if it smashes this price. Well hold on to your hats.
Island girl grades will be sensational. Reputations are on line and never discount a wounded animal. The wallaby is handy with a drill rig. Best grades at Apta under his watch.
Quack quack of should I say cluck cluck
Absolute steal at the mo. To the uninformed I can see why peeps think it was overcooked but this was priced for failure, hence why it is climbing. It's still cheap.
Like I said get your Omi's while you can. Nothing worse than thinking you'll get them lower and it keeps climbing.
Johnstoneo you are my hero. I'll sacrifice 100 elephants in your honour :D folks going to jump back in now they see it moving as nobody wants to be out for the news of the century.
Johnstoneo you are my hero. I'll sacrifice 100 elephants in your honour :D folks going to jump back in now they see it moving as nobody wants to be out for the news of the century.
Yep seems an appropriate time to come back in to fold after the spike for traders. It cooled off, and a big fat buy to confirm it's probably time to get back in. Traders are going to position themselves for Anza 100pc news as this could easily do a few bags +. Sounds rampy but it's true. Take it from the experienced, when this moves it moves. Golden opportunity for folks on the sidelines to muscle in on some action. That is if you can get shares, there was a few floating about but they buy may have sucked them up like a hoover with thar buy. Omi love a 1st Tuesday of the month as well for significant news. Problem is, it's a bank holiday weekend approaching. Maybe Wednesday to catch the traders out? Hope so....Market makers will re-rate significantly.
Rick Rule must be wanting a piece of elephant country :D
Could be bhargav though the last RNS stated "commercial sensitive info" which makes me think they possibly couldn't have.
Defs a buy everyone associated with this share and company is confident. It's only people with a less intimate knowledge fearful.
That's a licking your lips kind of buy. A statement. Like I said this could do major damage moving forward. You know that already Dr. Hopefully the market takes its medicine.
Of course I've been personally quite vocal on the pumping last couple days. Funnily it's quite infectious. Was trying to out do myself on the most ridiculous pump I could come up with. My bad. Facts remain the LOI was massive. It is a game changer for the company. Having your main asset tied up in C&M and having your voice box ripped out is too damaging for a company of Omi's size. Now they can communicate with the market and instil confidence moving forward.
For the record I haven't sold any on the spike. I get quite excited on the rise but actually don't even blink if we drop percents. Buys/ sells, up, down currently does not matter to me. Been in worse situations in Omi. I don't begrudge people trying to get their pocket money, especially with cost of living and hungry mouths to feed. I find it completely healthy and liquidity is what this share needs.
For a lot of us that have held for quite sometime, we can see the direction the company want to move in and we all know that the Pepas drills will light a fuse in this share price. Though conceded that could still be a few months off.
We know the virgins nobody cares too much about but they will all have a part to play in the story moving forward. There should be additions by the directors and something tells me that either Agnico will come back with a JV offer, or another contender will enter the fray. I personally have an opinion on this and an educated guess. So I'll be keeping an eye out for that.
It was only the LOI, just wait until due diligence is complete and the red dot is confirmed that Anza is 100percent in Omi's hands.....and leading up to it.
I actually didn't expect the LOI to drop this month, everyone had it pegged, including myself, that it would be 1st week or 2 of April. I just have a sneaky feeling that it could come sooner.
Pretty Brad George and Luscious Louis Castro are coming for each and everyone of you. They are on a mission to build market trust and get their reputations back after what has been a miserable period for the company.
Out of the dark and into the light. M&A activity is going to be rife in the sector, gold price booming, elephant country and traders will be back at a price point and a timeline they believe in.
Dress rehearsal.
Can lead a horse to water and all that but folks just to take the leap of faith. Jesus would would be buying Omi shares. It's a religion :)