Member Info for ID78

Completely agree, HarChris, however I do feel like the risks can easily be overcome by commissioning the additional 3 HL pads (and/or) by mining higher grade ore.

I feel it is just a matter of time before both of these happen and just one could be the catalyst to near 1000oz or more.

If it takes a few months to get there then so be it. It could give me a chance to build a bigger position is the way I see it..

Pep23 and Pep24 - wasn’t someone on here last week going on about ORCP who were returning drill results like Pep23 and pep24 and saying ORCP was a better buy?

We don’t seem interested in this kind of results!

It would be nice to have a bit more in the RNS’s.

Gold sales, cash position, grade of ore for the last pour (maybe easier said than done)…

PEP022 - 76.3m @ 7.24g/t Au (from surface)

o PEP021 - 107.05 @ 6.22 g/t Au (from surface)

o PEP020 - 54.65m @ 1.94 g/t Au (from surface)

o PEP019 - 44.3m @ 1.63 g/t Au (from surface)

40m to 100m for OMI ….. vs 2 to 3m ORCP.

So OMI have 20 to 30 times the gold, nevermind the grades being better (more multiples again), and OMI are from surface depth…

ORCP doesn’t compare

*hopped not hoped

(Or maybe it is ‘hoped’!)

2 things: it’s exploration and the SP is still in a downtrend.

It’s exploration… the wait on assay results means the impatient (and the traders) sell out.

I agree this should be higher but there are other shares making moves and some money has hoped over to those. Provided the next 3 assay results are good the money will return and we can perhaps be confident that the downtrend is ending an a bottom forming.

With more (good) results (later in the year) we should finally start an uptrend.

Now is the time to buy and be patient if you believe we will get the drill results. The recent newsflow has been fantastic as you have shown in your post… but frustratingly sentiment is against us.

The flip side is (provided the results are as we hope for). This is a great time (price) to build a position here.

Thanks DrR

Drones are clearly far more cost effective and should be quicker to organise. I wonder if you’d still use a helicopter for a larger survey area.

Anyway …

Next set of drill results next week?

Followed by the mag survey maybe 2 weeks later?

Followed by more drill results a week or 2 after that

Busy time at OMI ;-)

Hey napthman1 - thanks for answering. It sounds like a very different scale of survey with GGP.

The fact a drone can be used makes me think it’s maybe only a few weeks work but I really have no idea.

One things for sure there is plenty of newsflow in the months ahead which is great.

Does anyone here have an expectation on how long the mag survey could take?..

Get home to find the wife watching real wife’s of somewhere (rich women fighting). Not my thing really.

I’ll check the boards for intelligent thought. No. Wait. It’s OMI. More people fighting.

Time for bed so I can wake up early and read more of the same people arguing and fighting.

You only get one shot at life and this is the best thing people can think of doing with it???

Hi dai, it can take 2 months for the solvent to percolated through the ore.

Will they add ore from pit 1 to ore from pit 2? They may well do… I would expect ore to be added until the full and then begin leaching… I don’t see the point in running the pads partially full. But that’s just my thoughts.

Hey LW - I think you are right. How the **** are they still suspended???!! I’m just glad I have no money in GCAT anymore

Dai - yeah that would make sense … fair enough

Check out the copper and silver leaderboards

https://youtu.be/LzNtHIm_-vg

Compelling

I find it odd the Devenport shares odd. There wasn’t much churn to sell the shares suggesting one buyer. But there is no TR1 so it must have been retail buying??

I just posted on the GRL page, there is every chance this gold pour is not as good as last month, for the reasons you give, dai. So that could present a buying opportunity?…

Time will tell. Still suffering ptsd from GCAT who never delivered the promised land of 1000oz per month lol

Panman - I was thinking that myself. I’m not sure on how long between charging a HL pad, leaching and then pouring gold, but there is a chance the next gold pour could be mainly from pit 2 and the gold pour they report in April from the higher grade pit 1.

So, if the gold pour is lower than the last one there is potentially a very valid reason. But we’d be looking to April for the upward trend to resume (increasing oz month on month).

IF the next pour is not well received then it could present a great buying opportunity.

Then again, they could do a great pour.

Time will tell.

It’s been a month since they reported assay results form 3 of 6 holes east of Cheyezea.

We must be getting close to another update? Surely??…

I wasn’t looking for oz predictions just we all agree we expect an update next week?

It’s hard to guess the oz as moving from pit 2 to pit 1 may compact things temporarily… but hopefully not.

I’ll be very happy with near 600oz

They can have some of mine.

20p

@bamb - yes it is :-)

I missed the start of OMI, I’m glad to not have missed the start of GSCU and have no intentions of selling any time soon.

5p before hole 2 results would be fantastic..