Member Info for HawaiifiveO

https://www.youtube.com/watch?v=t4t4VEUtYC4

Interesting post on the BMN board this morning (now removed) about share bashers, a fellow purported to have worked for a Hedge Fund in London recently as a share basher, according to the post 4 persons were employed to bash particular shares on a daily basis, they were paid a daily rate and had bonuses should the share price fall or if one of their bashing posts was responded to keeping it at the top of the thread, the were also other incentives.

The poster was very precise and actually named the aliases used on LSE, there were 6 accounts in operation at any one time. The posters were divided into various categories i.e. plain basher, subtle basher, alleged former shareholder who was 'worried' over the said company and the analyst type who would find negative country related links from the web or negative press about the company.

The quality of the post was very good, I have had contact with a number of city folk over the years and none deny this type of operation exists. There is no doubt in my mind the poster was genuine.

Looking at this thread and the share price performance of Centamin I would respectfully suggest the company has been made a target of a short operation. As with all short positions they have to close, usually ahead of news of if there is fear of a commodity price rebound.

The weak often capitulate unfortunately.

During the last Zak Mir interview Colin Bird clearly said news on the potential to open pit mine would come this month, he actually said middle of July.

It does seem to me at he wanted to promote the fact that the Anglo buyback option could come sooner than the stated 2m tonnes of copper resource that is required because of a decision (or proposal) to mine, I think Colin being Colin he really wants to go down this less expensive route first.

In my view now is a darn good time to take advantage of the SP drop which has occurred on very low volume, just take a look at what happened at OMI, two trading days ago it hit 13p, a fall from 41p on low volume over 4 months, on news it traded at 26p today, a 100% rise, thankfully I was a holder - this could so easily happen here.

The RSI has turned up from a very oversold 25, the last time this happened the share price had a decent % move.

Q2 results will be announced 2nd week of July.

A rise like this does suggest some entity has been caught the wrong side of the trade !

Burnt shorts come to mind !

Great news today, the share price should now reverse it's direction, was trading at 41p in late February, should rally strongly from here.

My guess is Brad will be in a bad mood as he has to stay up until 1am in the morning to do the presentation, this has come via a OMI tweet.

One would hope therefore he has something meaningful to say

https://twitter.com/OrosurM/status/1410870665519845379?s=20

I darn well hope that Brad George is a lot more investor friendly when doing the presentation than he was when taking part in the shareholder webcast.

I really find it unbelievable they have had nothing to RNS from a operational perspective given other resource sector companies seem to be able to keep the news-flow regular, OMI are not unique in lab delays after all.

There could be a RNS tomorrow morning of course but I suspect it unlikely, this BOD most definitely don't have shareholders interests as their top priority.

I can see Mr Turner & Mr Pope, at some point, approaching Castro with a 'wonderful' offer of funding 65% from the highs and Castro & Co gleefully accepting it, will probably suggest it was a great deal for shareholders to boot.

Because of COVID directors are getting away from having to face disgruntled shareholders, hopefully this anomaly will end soon enough and hard questions can be put to the BOD directly. I have noticed that web events are censored to some extent with only soft questions allowed, if a hard question gets through they are rarely answered, not possible at normal meetings.

Let us see what tomorrow brings.

It is very clear that legacy issues are probably holding some investors buying in but there are legacy issues with many AIM companies , this does not stop them rising multiples from the lows on the right news. I recall GGP was classed a 'dog' stock for many years but look what happened there, more recently Wishbone Gold where Richard Poulden was a dirty word for many, it has moved from 2p to 20p recently.

Anyone who is a serious sector investor cannot ignore the portfolio of projects/investments that Red Rock has on the book, the tie up with Power Metal is also very positive as Paul Johnson is a master promotor. News-flow seems to be ongoing from now and everyone knows news is the elixir of upside on AIM.

The stock is quite tightly held, the free float is quite small, perfect ingredients for strong upside form the low £10m m/cap.

Things have moved on from the days where Bell can get away with blue murder, it seems the major shareholders have him on a leash, they have restricted his ability to issue shares like confetti (he has to ask for shareholder approval) and have removed directors from the Board that Bell was using to push through his whims and fancies.

It appears Bell is up for re-election at the next AGM, unless he delivers over the next 2-4 months I feel his position will become untenable, the major shareholders are quiet but this does not mean they are not active behind the scenes.

Whilst it is true to say Red Rock has been a disaster for legacy investors recent buyers may be about to make some serious money, anyone who understands what is going on here at project level can see the value that could propel the share price to heights most cannot imagine.

Time will tell but buyers at current levels could see a very good return in due course.

RNS today, for those attending I noticed there is a Q&A section, of course only 'soft' questions will be allowed and they will never discuss market shenanigans but nonetheless I have a question prepared.

Hopefully a few other attendees will try and challenge them on PR and weak market communications, they need to know that a AIM listed company needs to offer regular news releases or shareholder value erodes. As others have pointed out I am quite sure there have been on site operational matters they could have reported on.

https://www.investegate.co.uk/orosur-mining-inc--omi-/rns/london-south-east-investor-webinar/202107010700066962D/

No surprise investor relations are so poor, I do not rate Louis Castro and whilst Brad George seems a knowledgeable geologist his demeanor on the investor call was hardly enthralling.

Then add to the mix the hiring of a bucket shop broker - hardly inspires confidence, am materially down here despite buying after the share price had already fallen 50% from the 41p high and (mistakenly) buying more around the 17p level.

I darn well hope that Brad George is not as brash and off-putting at the online presentation next week and one would hope for a crumb of positivity.

I still believe the stock is being shorted to death by suspects that are supposed to support the company, do Castro and George care about such things, probably not.

Interest seems to be building for Woodbois with buyers returning, the shares remain materially oversold and look a good entry point for newbies.

Net asset value is 6.2p a share according to the accounts the discount seems excessive.

The results are starting to re-confirm the 30km gold trend statement made by Reservoir Minerals back in 2014, they were the previous owners of the tenement and Oriole picked it up due to RM being taken over.

https://www.businessincameroon.com/mining/2611-5148-cameroon-reservoir-minerals-finds-30-km-of-gold-mineralisation-in-bibemi

For a conservative CEO like Tim Livesey to compare Bibemi to the 50m oz gold region near Senala in Senegal is some statement, ORR management must be very excited about prospects.

The current market cap of circa £10m is totally unrealistic, the discount to peers (at least 100%-200%) cannot be maintained.

In a nutshell ORR is at basement levels, too good to miss.

A very concise presentation and clearly they see considerable shareholder value creation ahead, the share price seems a anomaly and, as mentioned, the RSI remains around 20 which tells you the shares are very oversold.

I think a buy at these levels is a no brainer especially as the last cash raise was at 6p a share in May.

Tweet says it all, ORR undervalued by many multiples to nearest peers in Senegal + not forgetting all the other projects.

Can see a very decent move coming now drilling results are imminent.

https://twitter.com/Oilplayer2009/status/1409416027449040901?s=20

Could bounce back quickly now, Zak Mir felt 1.2p was attainable once .60p was crossed.

From a map posted on Twitter it seems there has been some consolidation in Senegal around ORR, you can see how Barrack and Iamgold are jostling for positions re land grab.

In a nutshell Oriole and Chesser Resources, both juniors, seem out of place and I would not be surprised to see Chesser bought out by one of those majors. If Chesser were bought out, the licence owner of 50k sqkm verses Oriole 450k sq km, it would have a direct feed through value to ORR.

The link to the map can be found here...

https://twitter.com/Oilplayer2009/status/1407699159663140864?s=20

The market in the stock was strong towards the close, I do believe the bottom has been reached, remember £1.7m cash end December + a further £650, 000 raised via warrant conversions since, the treasury is still pretty strong for a junior.