Member Info for DrRemington

If the majors are wanting alterations to the JV contract which will not be beneficial to Orosur what would you rather happen? Brad bend over and get the phase 2 starting soon or maybe wait it out until they understand that ain’t going to happen? Q3 is stated on the Turner and Pope previous release.

‘Following completion of drilling, exploration work at Anzá has been wound back to allow for the required corporate restructuring of the joint venture to be completed, and to advance a variety of licence processes such as integration of smaller licences and conversion of applications to granted status.’ Hopefully La Virginceta application granted by time phase 2 kicks in.

I agree, I’d rather they get shut of the gold projects unless we managed to get a JV and someone paying for exploration. We’ve enough on our plate with GH and Thar.

Sorry my bad, probably was a buy thinking about it. The size of it will have taken time to fill. Should be another strong day on the cards.

Whoever sold 750k on Friday will be pig sick if news comes tomorrow. May add more to my reduced holding here. Don’t wanna miss the big time after having held for so long.

I remember the 28p rise very well, 2018. I was in the Dominican Republic at the time and i thought we'd cracked it only to be here 5 years later... I hold much less now but I hope this finally comes to fruitition. Those still holding large amounts deserve it massively. Andrew Trahar I havent seen for a long while and any platforms. Wonder if we'll get a interview soon. Good luck to all.

Turner pope suggested negotiations could stretch into Q3. That’s what I’m going off so expecting them anytime sooner is very optimistic. Phase 2 is yet to begin. I’ve had numerous emails to and from Brad over last few days. Anyone scratching there head unsure of the situation I’d advise maybe email him? Impatient people bailing should give a great opportunity to get some very cheap shares. I didn’t think we’d see lows 7s again…. Looking possible to get some in the 6s.

Is the giant finally awakening. Nice to see.

Some some sells were buys also, 1.39m was a buy.

Nice to hear progression with Thar, it’s been all GH atlately. Power China a huge enterprise. All good.

Maybe the fact they don’t want to have to commit to the purchases if they expect the share price flying up?

Robert, I agree with what you are saying somewhat in regards to them only drilling certain areas and giving out little info to Brad, but here we are 7 months on from the actual phase 2 deadline, one which was expected to be surpassed early until the negotiations came to logger heads. Brad and Louie are obviously keeping a strong stance for our / there / Orosurs benefit or we’d be well into phase 2 now with trickling news like before. Agnico have come in trying to strong arm us and change the terms but it’s looking highly likely they have failed. It’s a patience game for shareholders but we should all be rewarded in the long run. The longer it goes on, the higher the gold price will be, the more interest we should generate once drilling. I’ve seen endless juniors putting out good news over the last 6 months and the share prices have just stood still or even fallen. This delay to me is a blessing in disguise.

All quiet on the OMI front, nice to see gold blasting through $2000k again. Hopefully carry’s on up. I sold a chunk today from my trading account. Will be re-adding into my isa, preferably at a lower price.

Hopefully Bhargav tops up tomorrow, as that always accompanies a 10% rise according to Biker.

Looking like a pub full of fools at the moment, us who’ve held long term! Phase 2 is close I can sense it.

It’s about time sentiment changed, I’ve seen good news landing elsewhere and nothing much happening in regards to the share prices. The prolific mid cauca belt is still supplying the goods. Guayabales which is contiguous to Marmato, south of us is looking tasty for Collective mining.
Sounds like they are about to ramp up drilling there, just raised $30m for said campaign. It’ll be interesting to see how far and how long that lasts. I personally think we’ll fly through our $20m and get to phase 3 fairly quick. Collective Mining Drills 359.15 Metres at 3.32 g/t Gold Equivalent from Surface.

Look at the time Bhargav posted…. Before it actually went up… Some nice buying today. Good to see.

If games are being played it actually requires investors to be involved in them…. The volume has dried up as expected, just the odd small trade here and there. The share price is holding up better than I expected, if we do hit sub 7s then I’d imagine we’ll see wise hands loading up. Anybody whose been invested here over the years will be used to these delays. Gold move moving up and producers following, our time will come. Newmont back in talks to talk over Newcrest, a massive move in the gold sector which will cement Newmont firmly as number 1. That’ll require them needing more huge resources on there books… Anza….

https://www.reuters.com/markets/commodities/work-set-resume-simandou-iron-ore-after-guinea-shareholders-agree-terms-2023-03-13/

There is indeed a more recent one which states,
‘The process of moving to Phase 2 requires a substantial level of corporate restructuring in order to crystallise MMA’s 51% shareholding and to provide a mechanism for Phases 2 and 3 to progress. This process has already been underway for some months and TPI considers completion could potentially stretch into Q3 2023.’
Not in stone but be prepared for it going into Q3 worst case scenario.