Member Info for Impecunious2

It's good to see everyone cheerful, and well-informed. Better times for the company, and better times for the chatboard.

Anyone who is shorting this is mentally deranged, in my view.

Thanks for this, Ageos. Rather you than me, to be honest.

Being a shareholder in OMI is like being a soldier in WWI; long periods of boredom, interspersed with brief moments of excitement.

"Ever" should read "never." I blame it on the Chenin Blanc, myself.

Hi, Rob

Don't keep to your New Year's resolution, on this matter at least. You are one of the few, who has an independent intellect, and is free from malice and personal quarrels (Legal and Karl are two others; Seingred and Dr I both respect, but each should ever have been drawn into a fight with the other).

Best wishes

Hi, Rob

Don't keep to your New Year's resolution, on this matter at least. You are one of the few, who has an independent intellect, and is free from malice and personal quarrels (Legal and Karl are two others; Seingred and Dr I both respect, but neither should ever have been drawn intoma fight with the other)

A man who doesn't know what day of the week it is, can scarcely be trusted for investment advice.

Hi, Isleworth

I admire you for being willing to do combat with Omniscient. Unfortunately, he and Bhargav will always win, because they are not here for the same purpose as the rest of us, which is to make money. They are here to annoy other people; and to give praise where praise is due, they are very good at it.

Why they have this purpose, I fail to understand.

Hi, Dr

My interpretation of what happened at GGP is slightly different. It rose before each result, in anticipation, and then fell on the day of the announcement. But I see it is possible to argue that the causality was the other way round, and that each rise was determined by the last result, rather than the next one. Markets generally are future orientated, and I think this applies to exploration companies in particular.

The most significant news today, in my view, is the increased investment by 1832 asset management. I cannot believe that a subsidiary of the Bank of Nova Scotia would do this, without first employing a geologist to assess the results at Pepas and Apta, and estimate the probability of either or both supporting a profitable mine. Large and successful banks do not do what I do, which is to take a decision based on the intellect and character of the CEO. That may be one factor they consider, but it will always be accompanied by research into the fundamentals.

Lobo Tiggre reckons over 1.5 g/t is high grade, for open pit.

https://independentspeculator.com/what-is-high-grade

Hi, Karl

You have my permission to mention my name, whenever you wish; provided it is a compliment, and not an insult. Joking apart, what you say is true; OMI is my only stock. It will also be my last one; because aged 69, at some point I want to get out, and into an index-tracker.

I see you were under attack recently by Omniscient; who now seems to have thrown in the sponge; possibly as a consequence of my remark about barbarians. If so, I'm pleased to have helped you.

Best wishes

Following up on Legal's point yesterday, the Lassonde curve is the key thing to understand here. GGP is a perfect example; one needs to get out before the feasibility study, and long before the mine is built and operating.

Pierre Lassonde is an interesting character; president of Newmont from 2002 to 2007; chairman of the World Gold Council from 2005 to 2009, of the Musée national des beaux-arts du Québec from 2005 to 2016, and the Canada Council for the Arts, from 2015 to 2020.

https://miningexplained.com/the-lassonde-curve/

Or she, Islandgirl, if your username is to be trusted.

Reading this chatboard, one sees that's it's a perpetual battle between civilisation and barbarians. I don't need to name names, for each of you knows on which side of the line he falls.

The quality of debate on this chatboard is good. I always look at two things, (i) the style, and (ii) the substance. Much better than before the MMA deal was completed. And there's much less bickering. Long may it last.

Yes, but you need to bear in mind, that I have no house, and sleep in a cardboard box. Or a college library, if I'm lucky.

Joking apart, I knew someone once in Oxford, who really did sleep in a college library (in the theology section, to be exact), because he could not afford to pay any rent, having spent all his money on booze. He said it was very educational, and went on to get a first in Classics and English.

I always confuse Isleworth and IslandGirl, not only because of the similarity in the names; but because both of you belong to the category of people, whose posts I enjoy reading.

Hi, Isleworth

It's not by chance that Omniscient chose the name, Omniscient. Any more than it is by chance that I chose the name, Impecunious (which will cease to be applicable, when or if Orosur reaches £1).

Best wishes

Thanks for this, jaczar.