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Hi Peeps.
i was planning on slicing at 50p which i thought would take a while to come, looking at the price rise its going to be soon.
What to people think, I'd be about 5 bags up when i slice. Should i do it or hold out ..... hhhhmmmmmm
Any suggestions gratefully received.
300% + & still ticking up - and lots more to go
DYOR etc. good luck.
Think I'm probably posting to an empty board but it may help someone who got creamed in this share as did I.
I'm a holder here (&GGP) and like many i wonder why it seems to be under the radar .. ?
I think its to do with the name.
Orosur Mining, Iron Ridge Resources do not shout out like Greatland GOLD GOLD GOLD.
Looking at the name for OMI without investigation you would think its a mining company, Looking at the name for IRR you would think it was something to do with mining Iron ore.
Without investigating you would not realize that IRR probably as access to more gold then OMI and maybe GGP put together.
https://www.proactiveinvestors.co.uk/companies/news/931206/ironridge-resources-has-huge-gold-exploration-upside-in-not-one-but-two-separate-jurisdictions-and-a-nice-lithium-project-on-the-side-too-931206.html
For the sake of the name that's why i think both fly under the radar.
I'll be holding here for a while and maybe looking at IRR as a home for some profits at a future date.
just noticed this - not srue if its posted elsewhere as it has a different url.
https://www.lse.co.uk/media/orasur-give-operational-update-on-quite-exceptional-columbian-gold-project-omi.html
anyhow here it is.
was in and out a few years back, but back in recently, still adding up to a future cut off of 50p. Once it hits 50p I'll start slicing at 10% per 10% increase if that makes sense. I was late to GGP but hopefully will do OK with this one ;-)
200% + & still ticking up - and lots more to go
DYOR etc. good luck.
I think with Trump having covid and the election, the Dow will get a bit of a hammering, which will impact this here.
I've been a holder for a while, so just sliced some of the froth off, some of which I'll put into a combination of GGP & OMI. The rest I'll hold as cash. Hopefully be back again at a lower price.
Good luck all.
DYOR.
100% + & still ticking up - and lots more to go
Extract from today OMI rns.
Orosur CEO Brad George commented:
"We warmly welcome Agnico to Anzá. To now have two of the world's top 10 gold miners (combined production of over 7.5 million oz per year) investing in our project is testament to its potential and we look forward to an eventful year."
that share should multi bag from where it is currently.
Good luck
yes. I'm in both late to the party with GGP earlier with OMI. One thing I will point out that I don't understand is no recent director by ins on OMI, anyhow you pays your money and takes your chance.
DYOR but it looks good.
Hi Peeps, like a lot of people I lost a fair bit of money on this share. I've made some of it back on GGP but got to that party late, there is another similar share out there like GGP. Its OMI and its starting to take off, just a heads up for anyone who still monitors this board and doesn't know about it.
As always DYOR
Good luck.
Cliff.
I think i heard someone mention they'll be a £1 by Christmas?... kidding
Could well be.
DYOR etc
Colombia vs Australia maybe .... ?
I've been in before and out and thinking of getting back in again.
Just dont understand why there are no recent directors buy ins, which is another thing ..... ?
It all looks good from what i can see though.
Still confused.com :-)