Member Info for karl345345

John you’re good at calling the price down, in this case, from 20p to 18p😇but…..you never seem to call the share price up? Where were you when it went from 2p to 18p ?

Sein, Legal has you blocked yet you keep trying to engage him in conversation. He’s tired of hearing your trading strategy. We all are!

sein, you spend a lot of time point scoring. so and so said the share price will be x amount by such and such a date or someone said the mre will be published by such and such a date or i have done this and that by trading the highs and lows.

frankly, no one gives a **** !

you sound like my x wife lol. people here just want to make money to be blunt.

if you’ve done well, fair play but no need to be repetitive. imho

Legal, from Google:

Colombia is experiencing a major resurgence in organized crime, characterized by record-breaking cocaine production and an expansion into illegal gold mining. This new era is dominated by heavily armed, decentralized syndicates rather than the centralized cartels of the 1980s and 1990s.

This is the reason Estriella is doing so well. The 2016 peace accords with the cartels are not working that well it seems.

As you say though, tiny little Orosur is safe from all this.

Darren, yep I stand corrected. Law and order issues seem to be dominating Latam at the moment. I read Ecuador locked up 2% of their male population?

Estriella also wants to build super prisons. If law and order is restored, Columbia could become a massive destination for foreign direct investment.

The left is taking the dialogue approach with the cartels which isn’t working. People want change.

https://x.com/dickinsonbeth/status/2021985901602373984?s=46

Yep, either candidate would be ok for omi. Importantly, the municipality where Anza is located is very pro mining. So no issues there.

The macro picture would be improved with Espriella however

The right wing presidential candidate has an 80% chance of winning apparently. He’d be great for the economy.

https://x.com/argosaki/status/2061228611773087770?s=46

Thanks for the stats Pbow. Latam is taking a rightward shift which will be good for mining and business. Zi Jin has issues with illegal miners…etc. govt need to get to grips with it and law and order generally.

Still feel newmont were never really comfortable with Columbia hence why they bought agnico on board and took a back seat. Still, that’s history now.

Sein, newmont did exit cos of Petro. He essentially put a halt to new exploration/mining.

Per Newmont, a big conference was organised between govt and miners but the Petro govt pulled out a few days before. Newmont subsequently decided to divest.

Have you seen the crime rate in Columbia. They definitely need a strong leader as is happening across Latam. Look at Ecuador. The new president there has locked up 2% of the male population and their murder rates have dropped significantly. People are fed up. Rightly.

Sein, Petro winning did impact omi in a major way: newmont walked out cos of his adverse mining policies. But it worked out good for orosur: they regained 100% ownership for a song.

Also, why on earth would you want a left wing president? If the right wing guy wins, Columbia is going to boom big time.

Just one thing you missed Legal. If the pro business right wing guy wins the presidency on the 21st of June, as seems likely, it will be transformational for orosur. Jurisdictional risk has kept some investors away.

Thanks Rob. I’m just sitting back and relaxing now that I’m in profit. There was some nerve racking times when we were down at 3p. This is a 2/3 year hold imho so I don’t get caught up in the daily noise.

This company is going to be a monster. Just need patience.

Fitz, rhyming couplets and iambic pentameter? Must have taken you a while to compose that.

As an aside, still long and 3m strong despite elements nonsense posts:)

‘Keep hoping I guess’.……that’s the nature of exploration element. High risk high return. No?

There is no certainty in this game. It’s an informed gamble.

Orosur don’t have a leaky ship but I guess the market is beginning to price in results from EP and pepas, if not soonish, certainly by the end of April.

Nap, element is back cos ggp recovered today. If it was still down 10.% he wouldn’t be posting imho

Bikwik, good post reminding investors that’s it’s critical to look at chart patterns as well as fundamentals.

Orr has been basing for 4.5 years as you say so has everything to play for. I wish you luck.

With hindsight, I should have sold some OMI at 40p which was a clear double top chart pattern going back to 2020. They’re currently down 50% but I don’t think it’s the start of a new bear market. A retest and break through 40p would open up £1 imo.

In terms of PR, Brad George is a dour Aussie who, if anything tends to down play things. At one time, a big private investor from the LSE board tried to raise a mutiny and have him removed. I wanted no part of it.

In the end however, the drill bit done the talking and a lot of punters were rescued from a bad situation.

Bikwik, I heard the same thing at omi when the share price was 2p; that the company need to get out there and do PR. It might give a temporary speculative uplift but that is not what’s good for the share: the market likes solid good results and easily extractable gold.

On a positive note, 59m from near surface is economical to mine. Hope Orr find more like this.

Goldgeezer, I agree. You cannot blame management. They’ve drilled and the market has sort of shrugged its shoulders. The geology is the geology, you can’t change that. Agree though, the share price is holding up well.