Member Info for ID78

You’re welcome.

ORR are undervalued and a great opportunity. We are in a huge bull market for gold and silver and so it’s surely a matter of time until OMI re-rates (in my opinion)

100% agree LW - looks like the next leg up.

I added to my holding on Friday… I now own too many OMI shares but I’m happy with the risk - reward!

Really looking forward to the next few weeks here!

As you say tho, $173 an oz

🚀 🚀 🚀 🚀

Again - whether they are right or wrong, time will tell.

But, again the chart guys I follow suggest that the current silver move is silver waking up ahead of the main event. Their thesis is there is likely to be a pullback, as the main market (all that tech stuff) has a blow off top. When the market then crashes - that will be the main event.

A long winded way of saying - this silver price is just silver waking up and it’s not even got going yet.

And some other guys that are richer and smarter than me …

https://m.youtube.com/watch?v=lQlGZKh3Li8&t=2s

https://m.youtube.com/watch?v=QviMN7jBRiA

Hey oilnovice.

OMI has no JORC estimate at present - so no gold banked if you like.

- PEPAS south MRE is due this month and is expected to be 300-400koz.

- PEPAS north is to be drilled this year and that could more than double the gold to maybe near 1 million oz

- APTA (near PEPAS) - there is a lot of drill data and they need to finish drilling it to progress to MRE. There is a belief this is 2mill oz

- El Cedro (also near PEPAS) - not drilled, need aero mag and it’s too big for OMI, they want a JV. This will take while to prove up. I’m counting this for now as 0z.

- Argentina - El Pantano- just starting to drill now. I’m counting this at 0z

So - I’d say you can probably assumed 3 mill oz in Columbia but there’s is upside.

Indeed, if t is believed that the whole of the region in Columbia holds 10mill or more (I’m not saying that OMI holds all that land)… but there’s is clearly scope for an upside.

As GHOST says - key to the SP is institutional buying - and some of the big names in gold and silver (Don Durrett)… need some of that here

I should maybe clarify I hold a core holding of all 3 - but I will add to on breakouts and derisk later… as I said overweight my portfolio on a breakout so that needs rebalanced at some point

GLA

B_positive - I hold both (and GAL).

OMI looks like it’s taken off again…. and I added more there this week. I’m now overweight there so once it has moved I will take some of the money out and be looking to add to silver or gold stocks that are moving.

So yes some of my OMI money will add to my holding here at some point

OMI does look over priced in comparison to GAL.

But the reality is that GAL is underpriced - massively.

I hold both.

I’m not too optimistic on bitcoin, but there could be a short time rally to 120k-140k… if that happens in conjunction with yellow launching then there’s profit to be had here….

So I’m watching with interest.

Now… am I the only one watching with interest from the last rally? did many get burned, let emotion cloud judgement and will never return….. or are there a lot that profited well that keep COIN on their watchlist.

I think the latter is true….

Good job Ada 👍

*Brad explained

Be as explained Anza quite nicely in an interview - and I’ll now take that and try and repeat it (and make a mess of it).

There is a source of the gold and PEPAS originated from that source and I think became separated by movement of geological faults (might have the mechanism incorrectly names there).

The point - there are more deposits scattered about the area AND THE SOURCE.

The licences are fantastic and Brad knows what he is up to. As PortPower says institutional cash did not buy off the back of PEPAS drill results. What existing drill data did the see?… (APTA)

Ps - SOLG will double and double again. Another one you got right, PP…

Pfft £2

Don Durrett said 50 bagger …. can’t remember if that was closer to 20p … so that’s £10 (obviously that’s a best case scenario where all prospects come good! and it will take years)

Back to reality come on give us 30p :-) …

Hey Napthman - read about your dog and meant to post.

Really sorry to hear that news.

Hey addicknt - I don’t really know the SOLG story - it’s sounds very frustrating. It was tipped by a guy on here that I really respect - at 3pish I think. His words ‘it’ll double and double again from here. I never bought and it is one that got away!

I think here we have a very pragmatic and logical guy in charge. As well as clearly a fine geologist. When he explains his decision making it’s very clear, and you can’t really pick faults in anything I have heard.

One thing I’ll say. I’m a mechanical engineer and have worked on some of the biggest projects the UK has undertaken over the last 20 years…. I’ve met some exceptionally intelligent people over the years (one professor at uni stands out and 2 or 3 others in my day to day job).

My point : the brightest people always make the complicated simple and easy to understand.

Brad strikes me as one of those guys. I do think he’s exceptional.

Go on let’s get leave the 20s behind…. Let’s see 30p..

Addicknt - welcome.

There are plans to mine - however - mining PEPAS does not mean building plant, it means digging it out the ground (from surface) and trucking. None of the high CAPEX and none of the commissioning teething problems.

Also, I think the earliest is that could happen 2027.

2026 is all about finding lots more gold.

Archers write up is out…

https://substack.com/@thatstocksguy

My dodgy charting skills are showing 4.50p is a breakout on the weekly chart…. looking good

I agree happyuk - changing form Lithium will be like stopping all oil tanker. Slow.

At the same time IF the new battery tech is real it WILL replace lithium batteries in time.

Once just one car manufacturer uses it and boasts vastly improved performance and charging then the rest are at a huge disadvantage.

IF the new battery tech is real…. interesting times