Member Info for DrRemington

And then its PDAC the following week.

It was said in jest, I thought that would be quite obvious.

The fund is likely well over a £million up. I’d guess they’ve about a 6p average. They’ve a habit of that with early stage exploration companies.

The fact is looking back, what you’ve said here over the past 6 years the opposite has happened.

I pray to my holy stars you never turn bullish here!

I hope the Institutional Investors and the likes of $700m in investments Robert Cohen with his 7.4%, doesn’t read here or you might put them off!

Keep at it, u’ve done well preventing the new money entering. 2p - 15p.

Maybe you best go to PDAC and warn everyone they’re meeting there.

Ironic you were calling 50p, 80p, the GGP etc as it fell to 2p.

Now your calling 2.4p placing’s, 5p ceiling etc as it’s climbed to 15p.

Looking forward to your 20p plus statement.

Best of luck.

Lots of round sells, 40k’s etc. That could be more warrants getting churned through.

And a couple of days the opposite way and it’ll be over 15p.

Orosur have over 1000km2 land package in prime gold belt! With potential to own 100% of it. Now that’s what I’m talking about.

‘ You mention collective. Yes very good m cap for what they have achieved with extremely respected management. Now, are they a 20 bagger ? Nope not even a 3 bagger. Why ? Because of the vast ammount of cash raised to carry out the exploration.’

Not sure what you mean by that? You mean collective could 3 bag ish from here? If so that would make them £1.1b market cap. You called them toppy at 5, they now sit at 8.40. Skys the limit over there aswell, what would a project with 10m-15m oz be worth, being high grade and with the current gold price? As that’s the numbers being mentioned over there?

That’s 30x Orosur current market cap.

All going well I think a £100m plus market cap can be achieved here, they’ll obviously be ups and downs.

A huge upside from here, especially for anyone who’s been in here sub 7p.

One minute comparing to GGP is stupid and not allowed, next minute when it pushes his agenda it is.

Though the fact is, GGP in the 30s was almost 50x the current market cap here.

$30m spent on exploration here before OMI regained 100% ownership. A vast amount of information in the hands of the team. That’s almost the current market cap spend before the Pepas high grade discovery.

Pepas 1 - high grade from surface. Few hundred k oz and expanding - Value? £20m? Ever increasing.

Apta - 1-2m oz? Value? £50m?

Pepas 2? Should find out H1 this year.

El Pantano? Should find out H1 this year.

Sharebel, do you know why the share price is up 400%? For starts it was on its knee due to being in care and maintenance for one.

Secondly, they now own 100% of the Anza project. And have now discovered a high grade from surface gold prospect with the best intercept of 107m @ 6.32g/t, from surface.

No one adding £s to the market cap for the low cost of drilling as much as Orosur.

Let’s see where this sits after another month or two.

I’ll take a punt at the next placing being nearer 18p than 8p.

Why the hell would they do a placing at 8p. That’s an almost 50% discount to the current price.

The current drilling is costing $250 per meter.

The spend on El Pantano hasn’t all just come out of this budget. I’m sure Brad said they’d spent $750k on El Pantano before the Anza drilling campaign had began.

The cash balance is healthy, the warrants will have bumped it up which we’ll hear about at the back end of the month.

Any raise will come after PDAC which is in two weeks. And it certainly won’t be at a 50% discount.

The last one was 25%, but possibly due to the share price going abit the nuts the day before the placing was announced.

‘ A junior mineral explorer has one main competitive advantage- access to good ground. That’s it.

We now have close to 1000km2 of prime exploration acreage in two of the world’s prime gold belts- and it’s all 100%.

While others are just starting the pegging race, we ran it three years ago’

I’d call it early stage here NewboF, the main drilling to date has taken place at Apta and small amount at Charrascala.

More recently Pepas. Yet, the majority of the 400km2 of Anza is undrilled. The south looks tasty, the north even more intriguing.

Hopefully we are here in a few years time still discussing new untouched areas as the share price climbs.

Aster was the newest name on the Anza map which is south west. No mapping or sampling has taken place here to date.

There’s many more areas yet to be named.

I personally don’t think we’ll ever see a full buyout here.

If there’s a sale of anything it’ll be individual projects. They’d say sell Anza once proved up a few years down the line and concentrate on a new project or Argentina / Nigeria.

They could even sell parts of Anza land applications.

I don’t see someone coming and buying out the job lot.

All in my opinion, I just think the board will value there salaries. If a full buyout was in there minds they’d be buying shares?

Nice post Aaron, it’s fair to say that if anyone saw that image your talking about then you could guarantee that they say Pepas 2 looks more appealing than Pepas 1.

I agree with Rob, they’ll not be any asset sales anytime soon. Drilling only began two months ago… They’ve merely scratched the surface.

I’d rather see different parts JVed off before talk of any sales. There could be another 10 Pepas’s out there in such a large land package. An active in the region company like B2gold or similar would be ideal.

I can remember the days when GGP was bought into GDXJ. We could see the same thing happen here.

When institutions are buying in at such an early stage then that can only be deemed extremely bullish.

In regards to MRE’s, gold in the ground is usually valued at $20-$50. The median price in Feb 2023 on an article I read was $39. Well that was before the gold price went ballistic and is now 50% higher.

Pepas is high grade from surface, this must be valued much higher than the median price back then, plus the gold price being higher.

Great posts. They are 4 things we should hopefully see this year Legal, Brad posted a video in regards to Argentina economy and mining so it’s looking like he’s starting to bang the El Pantano drill. News should come on that front, hopefully next week.

I agree Rob, the longer the MRE’s take the better. It’ll mean Ozs are being added. And currently I don’t think there is any company getting more bang for there buck than Orosur are doing with Pepas. $250 per metre. How much value have they added here with a mere couple million spend.

The warrants will keep the drill turning even longer than most anticipated.

In my opinion raises will be done on TSX in the future. The next one maybe with TP but further down the line they’ll raise over there. This will be great for the shareholders as they have much stricter regulations with timescales for selling, discounts etc. plus it’ll add more liquidity over there.

I’ve had recent contact with Brad and liking what I’m hearing.

2025 going to be massive here.

5% down on TSX. The Jobs fooooked then.

A steady 420% up over past 3 months. It’s only going strength to strength.

I think everyone understands Brad, witty, far from rampy attitude.

Look at the 107m @ 6.3G/t from surface assay post on twitter. ‘Reasonably good result from Pepas’

Haha

People will understand he knows his rocks, but when it comes to PR and the likes, he’ll like he’s always said, let the drills do the talking.

I’m sure Rick rule will have seen Orosur progressing.

I’ll be happy to see it finish above 13p, slow and steady rises.

Though the Canadians are moving differently. Someone paid $0.305 / 17p for a decent amount. They were very, very eager for some reason.

It’s hard not to be bullish here:

With Anza:

Apta- MRE likely come this year. The geologist AGEOS has at 2.3m oz.

Pepas 1- Currently being drilled. To date:

Pep12 = 66.75m @ 5.64g/t Au - From Surface

Pep13 = 77.3m @ 7.68g/t Au - From Surface

Pep14 = 75.1m @ 5.58g/t Au - From Surface

Pep15 = 40.2m @ 3.75g/t Au - From 23m

PEP016 = 43.7m @ 3.13 g/t Au

PEP017 = 40.2m @ 2.06 g/t Au

PEP018 = 54.1m @ 6.01 g/t Au - from surface

PEP019 = 44.3m @ 1.63 g/t Au - from surface

PEP020 = 54.65m @ 1.94 g/t Au - from surface

PEP021 = 107.05 @ 6.22 g/t Au - from surface - A once in a decade type intercept.

PEP022 = 76.3m @ 7.24g/t Au - from surface

More assays due this month.

Pepas 2 - is now being spoke of. ‘The more we look the more we see’ tells us the geos may have found something else which starts at surface.

The South of Anza - El Cedro / El Roble - 2km2 with extensive areas of quartz veining with highly anomalous gold values up to 10g/t Au.

Huge land masse - Orosur now the largest land application holder in the mid cauca belt. Colombias premier gold region.

*

El Pantano Gold Project - Argentina

News due this month.

We know Brad said to Rick Rule of all people it has bigger potential than Anza.

Huge land masse - 500km2

Newmont providing free technical analysis having visited El Pantano and the Orosur team visited Newmonts nearby Cerro Negro (15m oz +)

Newmont and Anglo(Nearby project Cerro Vanguardia) both requested to see all info that comes out of El Pantano.

*

Then we’ve had the Dynamic Metal Fund run by Robert Cohen recently taking 7.4%. They’re renowned for getting into early stage early explorers that go from low market caps £5m - £hundreds of millions

The gold price is raging.

A booth now confirmed at PDAC. The largest mining conference on the plant.

TSX listing starting to see large volumes and premiums paid to the London listing. Canada is now the main country of explorers / miners.

To say it’s looking good is an understatement!

Great post PP.

Nice to hear some logical, factual information.

These lulls between assay releases could be excused if they were low volume, trickling down, red days.

No, they are getting into an habit of being quite the opposite, with the lows ever increasing, bases being built upon.

And.

Nap, this one’s just for you. 🚀

TSX leading from the front now, 15p finish. We’ll not be far behind.

I’m looking forward to your 30p plus one.