Collective vs Orosur similarities(taken from Canada)8 Oct 2025 09:39
Grok has an interesting take on OMI and CNL.
' Similarity Between Orosur Mining (OMI.V) and Early-Stage Collective Mining (CNL.TO)Yes, Orosur Mining's current setup (as of October 7, 2025) looks remarkably similar to Collective Mining at its mid-2022 discovery stage, especially in terms of share structure and market positioning. Let's break it down with verified data for clarity.Key Metrics ComparisonMetric
Orosur Mining (OMI.V) - Now (Oct 2025)
Collective Mining (CNL.TO) - Mid-2022 (Post-Discovery)
Notes
Outstanding Shares
~385 million (post-CAD 20M raise on Oct 2, 2025; up from ~326M pre-raise)
~340 million (pre-1:4 reverse split in May 2021; effective post-split ~85M, but pre-adjustment comparable)
Both in the ~300-400M range pre/post-adjustments, reflecting junior explorer dilution from financings. OMI's recent raise mirrors CNL's early capital infusions for drilling.
Share Price
CAD 0.53 (close Oct 7, up ~20% on Pepas drill news)
CAD 1.50-2.00 (post-Apollo discovery in June 2022; adjusted for no split equivalent)
OMI's low price reflects early-stage risk, but the news-driven spike echoes CNL's initial pop. CNL's price was similarly "penny-like" pre-rally.
Market Cap
~CAD 204 million (385M shares × CAD 0.53)
~CAD 100-150 million (340M shares × CAD 0.50-1.00 effective pre-rally)
Nearly identical—both undervalued juniors in the CAD 100-200M sweet spot for Mid-Cauca explorers pre-rerating.
Stage
Infill drilling at Pepas (53 holes; maiden MRE due Dec 2025; 1-2 Moz potential)
Early drilling at Apollo (~5-10 holes; no MRE; 1-2 Moz initial speculation)
Parallel: High-grade hits driving momentum, with upside from deeper/porphyry tests.
Why It Looks So SimilarTrajectory Match: At this stage, CNL was riding its first high-grade intercepts (e.g., 67m @ 7.89 g/t AuEq), much like OMI's recent Pepas results (e.g., 104m @ 6.61 g/t Au). Both have strong cash (~CAD 30M for OMI post-raise; CNL had ~CAD 20-30M in 2022), no debt, and a focus on one flagship in the same belt.
Upside Potential: CNL's market cap exploded to ~CAD 400M by late 2022 (and CAD 1.1B+ now) on expanded drilling. OMI could follow if the MRE delivers and deeper holes confirm porphyry scale—its larger land (207 km² vs. CNL's 30 km²) adds even more room.
Differences: CNL had faster rig scaling (10 rigs now vs. OMI's 1), but OMI's leaner ops could accelerate a similar rerating.
Overall, yes—OMI is positioned like CNL ~3 years ago, with comparable share count, price, and cap. If drilling momentum holds, this could be the setup for a multi-bagger. Not advice; markets are volatile.'
Interesting, very interesting. If we can achieve even half what Collective have managed to achieve in the next year or two, then that'll be around £1.40 a share. Given the rising gold price and the extremely high potential targets in sight it shouldn't be too much of an ask, in my opinion.