Member Info for DrRemington

Couldn’t have gone much better. Surprised some people who been a while seem to know so little. Good luck to all.

You could apply that to any country really Impecunious2, just because Colombia borders with Peru, does it make it anymore likely to happen than anywhere else??? Duque is hugely Pro Mining. The Mid Cauca belt is home to some huge gold discoveries. Would he want to upset China, Canada etc. I doubt it.

It’s nice to have a good balanced debate. Seeingred, I’ve solely been talking about AISC, not necessarily what companies are valued at in the ground but thanks for the input. Though you do see companies much surpass potential value in the ground with the market cap, such as GGP at 38p. I think the majority will agree OMI at 22p / £40m market cap is as good a ‘punt’ as any on AIM.

Yes directed to you Sotolo as I did not agree with what you previously said. Yes, so without the wall $1250 tops for Centamin, so that’d leave $550 profit. Hence why I questioned your original $50 an Oz. Not being funny just trying to find where you got that figure from.

Thanks MEM. Ok Sotolo, not sure what relevance 2015 figures have these days but ok. You stick with your figures I’ll stick with mine. You’ll find these days the average AISC $850 - $1000. As I’m sure you’ll know with Centamin? Regards

Thanks VF, I also know that, as will the majority of holders here. What I’m intrigued to find out is, why Sotolo is saying otherwise. He’s either intentionally misleading or totally clueless. As he’s held here 15 years, 700k OMI shares apparently which is 4% of his portfolio. I’d say he’s intentionally misleading others… He’ll be telling us Denmark are going to win the Euros next.

I understand you also hold Centamin Sotolo? As I did , but very fortunately sold my full holding at around 210p just before the movement occurred. That said, I’d imagine you are familiar with there AISC? As I am.

After a quick browse, AISC of Newcrest, Barrick, Newmont and AGnico are all roughly around the $850 to $1000 mark. Therefore leaving $800 at the current gold price. If you half that for no apparently reason, that leaves $400. If we have a million ounces which you’ll know what Brad has already said gives us $100 for our 25%, so about £80m market cap. Hence why we’re so undervalued.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/top-gold-miners-record-decreased-all-in-sustaining-costs-in-q3-20-61530508

I think that puts to bed your vastly outdated figures Sotolo? Unless you can point me in the direction your coming from?

We’re do you get the figures that gold in the ground is worth $200 Sotolo. Could you give me an example of a mine you know the correct AISC?? Are you basing this 15 years ago like when you first invested? You do know the gold price is now $1800? Regards, really interested to see you reply.

Even if you say 2m Oz, so 25% of that. Not sure what the AISC would be, say it left $800 per Oz. but it gives a real insight of where the market could be headed from £35m. Now take into account Newmont sold Buritica which is now 10m Oz plus. Then there’s the possibility of base metals, rising gold price. Even if there’s 1m Oz across whole Anza, which I very much doubt due to Apta being the least favour area, NM are here mainly for La Cejita and Jesuitas, then that could still end up with us going forward with it or being bought out by Agnico. 1m Oz could give us 10x the current market cap. I genuinely think we’ll have similar amounts to Buritica, NM obviously think the same. Easy money. All fag packet, speculative stuff so do your own research.

Creeping up now, hopefully all the days traders now out from the 90% rise.

The biggest single buy I seen was 750k shares, a few months ago.

Sotolo. A lot of people, including myself, never dreamed it would ever be in the teens after the results we’ve had. Now that it is across the sector explains it really. If you call someone a ramper for believing in a share long term then so be it. Maybe I called it massively wrong, though as previously stated nearly every junior miner including Centamin, Greatland, Alien metals to name a few have halved or more. I’ve never sold a share from 5p, just been quietly accumulating. I read here regularly but try not to post too much. Each to there own, I’d never buy or sell on the strength of what I’d read on here and I’d hope no one else would. The results we’ve had speak for themselves, 59.55m @ 9.61g/t, 23.75m @ 17.40g/t, 0.4m @ 948g/t, 21.6m @ 6.02g/t , 70.50 @ 3.5G/t. To name a few, amongst decent silver and base metals. These results coming from Apta, which is only being drilled due to accessibility, one of, if not the least favoured area…. We have the number 1 gold miner in the world in a JV and also now number 8? Agnico Eagle who are really active in the area. We have $6m cash at bank. Soon to be $10m. All our drilling , sampling etc Is paid for by the JVs. We currently sit at £36m market cap. Call me a ramper or whatever you wish, if you can point me in the direction of a better junior miner, I’m all ears. Until then see you at La Cejita / Jesuitas / Pupino / Pepas / Guaimarala. Gracious Amigoooooooo.

I’ve not come across any rappers in the telegram group yet to be fair Sotolo and I’ve been in a good while. They must be keeping there lyrics to themselves.

A raise, why would we need that. $6m in bank, $4m due in September and you think we’ll need a raise to spend a measley $1m over 24 months? Above that, we’ve 90 days before we deffo enter the agreement.. so will have $10m at bank by then. Maybe it’s just an asset for Orosur to exist once we are bought out of Anza?

$6m at bank and another $4m expected by September, it isn’t like this is going to break the bank. I like it. All coming together nicely.

It seems Brads been a busy boy.

Excellent day all round for me including the presentation. This doesn’t need ramping and constant tweets, the results will do the talking. I hold THR also but not sure how it can be compared to OMI. Judge it how you may, anyone with a brain will invest here, plenty already do and have been quietly accumulating. There’s a lot of holders no longer use LSE and stick with the telegram, that applies to perhaps the most known one also. Good luck.

I was happy with the Webinar tonight, anyone whose watched Brad previously will understand he’s no ramping type. He’s a very knowledgable Geologist, who gives subtle hints. The JV will roll over by September, giving us more cash. They seem very happy with the outcome at Apta, which alone should be in the millions of ozs and is far from the most attractive area. A very good day which has been well overdue.