Member Info for ID78

40034427 - bang on about Trump.

Can’t stand the guy but his motives are clear. (Donald Trump will back Donald Trump, a legend in his own head).

This presents certain market opportunities - which is nice!

Tim a lot of the market is red.

Poland shot down a Russian drone and the market is a bit spooked. The market doesn’t like uncertainty.

So a share that’s out in a monster gain pullsback - not a surprise calling this a pump and dump - shorting this are we?

Is it just that the lower formation is something new and they were more keen to see what that contributes?

Or am I naive? …

Ummm II are manipulating the market. Not allowing people to buy has no doubt affected the number of shares bought and in turn contributed to the drop in AP as part of the market is locked out from buying

More like should be complaining to II for contributing to the pullback.

And it’s a pullback after a monster rise. Calling it a spike is bit of stretch of the imagination.

Unsurprisingly a very relaxed Bo

Legalwolf you’ve nailed it. Again. I don’t actually care about the day to day move here cos I can see the bigger picture.

I knew resistance was 28p and that might slow us down. It has. So what - no big deal. Sure I’d like the SP to keep rising but that isn’t how a uptrend happens. There are pullbacks.

For me there is no emotion, no worry about where OMI is going. I’ll enjoy the days we go up. The days we go down are a bit ‘meh I’m bored - can we go up please!’

No jitters, no worry cos the bigger picture is pretty clear.

III are doing the same with ALRT.

Rumour is the board at ALRT are looking into it as a matter of urgency. Stark contrast to TIR

Hope so - I hold TIR.

Not that TIR give a monkeys about the issue (not a good look for the BOD at TIR!).

George… you been looking in a ramsdens window in Cardiff?

Jokes aside I shall check this tomorrow for news JUST in case this is true. I do somewhat doubt it tho

Totally agree LW. Assays will land when they land and there’s no point getting worked up about when we get news.

Just have to sit on your hands and wait.

GLA

Richy - don’t go out again 😂

A pullback isn’t surprising after the move this has made.

Bearded dragon - news will be released this week. Maybe do some research?…

Kilcona used to post here. Always appreciated his or her posts.

28p was always going to be a speed bump for the share price - but it shouldn’t be a total road block

https://www.youtube.com/watch?v=wTz2zHCIvJc

The HEX boardreminds me of a song from the 90s

‘It’s all oh so peaceful and quiet until…..’

The increased price of gold has a gearing effect on profit

Assuming AISC is $1500/oz then

At $3000/oz POG the profit is $1500/oz - using this as a baseline then…

At $3500/oz (+17% - the profit is $2000/oz. (+33%)

At $4000/oz. (+33%) - the profit is $2500/oz (+67%)

So the profit margin increases by x2 (assuming AISC of $1500/oz)

Are we? - I’m honestly not debating it, we could well be worse than France… what a mess.

LW - $4000/oz it’s practically nailed on, I’d be shocked if we don’t see it and soon

Look at France, they are in a mess and may need a IMF bailout. We are not much better….. Over in America I’m sure I read it’s one of the mag 7 pulling the market higher - the rest not fairing well.

A market crash is heavily anticipated and you should hold gold (and this is in part why the price of gold is rising - the other part is the dollar being weak).

But you have to hold gold. I don’t have any gold. But I hold gold shares …. You hold GGP, it should see you right through a choppy market. Or you can hold OMI which just has so much more potential.

You need to hold gold. And if you need to hold gold then you need to hold OMI. The right place at the right time - and with so much news

Drill results

DFS this year

Production next year (H1 surely)

Production itself was a game changer … from explorer to low cost producer in months.

I love this share :-)

Hope so Kevin, I get the feeling it’s just starting to gain traction. Then there is the DFS to come (which is of course why the chart is gaining traction)…

It’s one of those ones where you like to think you just can’t go wrong - and I would buy a lot more than I have done as the risk reward is really good. Fantastic even. Only to buy a lot of BRES that would mean selling OMI (and I’m not doing that).

Good stuff LW.

Just have to sit and wait, given the fundamentals it’s only a matter of time and patience.

It’s a tricky one … like I said I sold others (WSBN, UFO) - still hold some - but sold some.

But that didn’t give me enough BRES so had to sell some OMI - sold 10%.

It’s hard - you can’t hold them all. But BRES I’ve wanted to buy in for ages and I feel it’s starting to move (he says with it already having done 100%!)