Member Info for DrRemington

I find the majority of the AIM market do placements at discounts. To be fair to the Orosur board to dilute 9% in three years... You’ll have hard on finding many if any on the AIM market with any less dilution in that amount of time. Still only, and I do say only again, comparison to a hell of a lot of other AIM companies Approx 220m shares in issue. We just need to see the board lead from the font now the noose of the majors is not around there necks. They have no scapegoat, no excuses, nothing left now. Regular director buys should be expected if they believe in Anza as they have always expected the market to. Seinngred I know you’ve shot people down for comparisons with other companies and I will do so with yours and Collective. They are a total different beast,I wish my money invested here had been put there instead. I’ve been following them closely and very much like how they operate.i know Brad obviously has as well, let’s hope he takes this on board and carry’s it forward.

Yes Imp, but in our current situation, with nothing really happening Orosur were never going to raise at zero discount. Maybe deep in to drilling if Anza proves to be as tasty as we all think then they may get financing like that. Though this is AIM, 25% discount is almost the norm. HE1 recently did a raise at 30%, Alien Metals last one at 29% for instance. The different is if they raise on TSXV the max discount is 25%. Hopefully they find a funding partner of some sort to progress Anza.

Well when the main asset has been sat in care and maintenance for 12 month with no exploration and it’s looking like that’s going to change fairly soon then why wouldn’t you be fairly positive. It’s no coincidence Johnstoneo that you’ve turned up out of the blue, apparently held here for years but have never posted throughout yet your now constantly on here posting all day. Maybe just me thinking it suspicious.

The money will run out, you could say that about any company, anyone, anything. They’ve got enough in the bank for a years worth of salary, they’ve got the £500k ish from the placement for the immediate drilling of Pepas once Anza resolve comes, they’ve got the warrants at 4.45p... Do you hold a large amount Johnstoneo? Not seeing any sells, not sure why the doom and gloom merchants aren’t bailing when they are so bearish? Sounds to me they are just trying to get the share price down to buy. If so many opportunities to make quick money elsewhere, if I had zero confidence here I’d have no hesitation at taking a loss. Baffles me at times.

They’ll buy once Anza is back in there hands, it’ll be in there interest somewhat to get the price up and sell there story.

Realistically, who cares about the the other 3 projects when it’s currently all about Anza resolve. I wouldn’t even waste a second of his time asking about them until Anza RNS has been delivered. Argentina will be close to shut down for winter then will likely be drilled by start of next year. Brazil is obviously out of favour and I imagine could be on the list to scrap. Nigeria results are probably due anytime and will likely drop after we hear about Anza.

Seingred, I understand massive differences between Anza and Buritica. This is the beginning for Orosur, owning 100% of Anza, benefitting from work undertaken by Newmont and Agnico which has cost north of $30m. Massive amounts of field work undertaken of previously untouched areas of Anza. The south will likely come next after Pepas after sampling results taken from the majors. I was being conservative with my gold estimates and I’ll also be conservative with my Orosur share price estimates, but from 2p anyone who manages to accumulate down here should do well in my opinion. 10p within a year is a 4 bagger. I’d happily take that. Let’s see how it pans out. Good luck to all.

The end game according to the board has always been the sale of Anza. That’ll be years away. Near by Buritica sold for $1.4b. If Anza was to achieve just 5% of that, thats almost £50m. Though as I said, it’s not even worth talking about yet, potentially years away. What gold does in that time is another matter. It could be multiples of today’s price. I expect $3k Plus within 5 years time.

Sometimes the market cap can get massively out of hand, like GGP did, I suppose like here did at 45p. Once drilling begins it’s a whole different ball game to what we’ve been, pepas will 100% start of with a bang, hopefully the board secure some reasonable financing amongst a gold bull run. From 2p even seing red must agree it worth a punt.

Yes it was Apta that was estimated to be 2m oz plus. The board are obviously now privy to all the field work the majors have undertaken on Anza, some sampling results have come back ‘very juicy’ These should hopefully be released to the market once Anza is back in Orosurs hands. There’s certainly no denying that Anza is a top, top prospect, let’s hope the board can bring themselves to that level and finally delivery shareholder value.

I agree, i'd rather now see them buy if they're going to buy joke amounts. It's insulting to shareholders when they buy in the tens of thousands. Hopefully they'll buy at least 500k to show confidence in themselves for taking this company forward. Realistically, they should be buying millions at this low, joke price.

They will be a very welcome site once they arrive, hopefully they will add frequently once the company is fully in their hands.

99% of exploration companies have no income… We know what we’ve bought into. They’re far from smelling of roses at the moment, but they’ll soon get the chance to alter that without the previous JV stranglehold. Director buys should / will follow Anza resolve.

I agree, they now need to show their worth. They have no excuses.

They have taken $2m from the company? Where do you get information? Do you mean they’ve spent $2m?

There’s has been a few large buys propped up since then, it’s been almost 4 weeks now since the placing. As others have said, the board are out of the strangle hold now and can design there own destiny. They’re will be no scapegoat or anyone to blame now everything is in there hands. It’d be welcome sight to see regular director buys as they’ll have zero excuses against it.

For all your negativity I don’t see you selling a single share of the million(s) you hold. Speaks volumes in itself.

People arnt just going to buy on a whim just to prove a point to you, most will have already added, been adding for the last month or so that we’ve been around 2-3p. Unlimited funds are very rare these days, especially for AIM. I reckon we’ll see an influx towards the end of March. Will Gold see 2200 today? Looking good.

What good are results on a project that’s getting ditched? We’ll see who’s saying what next month. This time next month I reckon 5p plus.

What’s turned out to be bull? I spoke to him about two week ago also, we’ll see if what he said then turns out to be bull. If we’d have had only Anza on our books then the last year or more would have been the board literally doing nothing, earning money for nothing, zero newsflow.. The majors may have tryed to buy out Orosur as Newmont could have from September I believe. They can also sell there equity here, which they won’t. Jackbal, if you’re so bearish why not bail now? I think 2p will be long gone soon. Let’s see.