Member Info for Legalwolf

Good to see continuation of large buys during a low volume consolidation day. Are we setting up for a FOMO Friday tomorrow? If so, it will be the last day to get these shares at these price levels. Just take a look at the chart - blue sky upside above 13.5p.

Looks like Supply is getting absorbed, slowly but surely, at each small interval. First it was 4p, then 4.1p, then 4.2p and now 4.3p. Volume has been decent the last few months - suggests positions are being taken and built ahead of the re-rating newsflow to land here over the coming months and into year end.

I'm still adding here and there whilst it remains below 4.5p. (Waiting to exit another position and then add some of that that into here.)

If we can get to 6.5p "before" the JORC lands, that would be great, as it then enables a breakout from this large trading range that Bres has been in for years. That breakout should then be supported by the DFS to arrive a few months after (and any offtake news in between).

6.5p is only a couple of pence rise from here, so easily doable in the 2-3 months we have before the JORC lands, as there will be high anticipation for it the closer we get to it.

The number of times you claim to have averaged down is getting quite ridiculous now😂

All it does is demonstrate the number of times you have been wrong.

Now, which one of your alias accounts is going to reply I wonder? Will it be the Silverlight account or Pompey? Same bs either way.

Permit not here yet? Tick, tock

Great points Doc - 100% ownership gives OMI optionality. There will be a cost implication for extracting the gold at PEPAS but it will be negligible when compared with the profit margins and $billion(s) of gold in the ground. They should easily be able to secure funding for it, whilst retaining the profits for themselves.

Great points BT - which most of us share. Can I please suggest that we keep the positive discussion under positively titled threads. One of the tactics being deployed by the naysayers is to start, and then keep, a negatively titled thread running. We shouldn't play into their hands.

Last of the sub 12p stock being hoovered up. This is only going one way imho. If we get a FOMO Friday, then a 13.5p close for the week would be great. Let's see and it's only a matter of short time. Once we make that move towarsd 20p, there will be no room left whatsover for the trolls.

This share price rise will finish them off.

That's because the company issued a "pause" - it halted the rise and created the drop. What negative news do you see on the horizon which is might cause this to drop. There's been loading up from 7.5p to 13p, so what makes you think this might drop nearly 50% in current circs?

I think all you want to do is keep a negative thread going, so I won't be responding to anymore amateurish de-ramps.

Err... try scrolling the chart to the left so that you can see the price action for the last two weeks. You will have your answer there. The 8p station has been left behind and the trend has resumed upwards. Significant pick up in buying volume as well.

Fair enough - good luck with the trade if you take it.

"This is a fantastic long term hold but for anyone who thinks that we won’t again go below 10p we will. Definitely before we get to 20/30/40/50p."

This doesn't make any sense at all and is rather contradictory. Make up your mind which it is.

The quality of de-ramping on this bb has been utterly dire - probably reflecting just what a fantastic opportunity this is. So good that even negatives turn into positives 😂

Totally agree SH - which is why I said it was a race against the clock here. There are less than two weeks to go before the AGM. No permit by then and this will crash as people exit to avoid the post AGM raise. There won't be any buying liquidity so the crash could be lethal.

Don't listen to the troll using multiple aliases (such as Silver and Pompey - note how they always post together) and clogging up the bb with rampy nonsense which hasn't come true. This is a very riskly hold right now and not for the faint hearted. All imo and dyor

Better to get in quietly today than risk having to chase a FOMO Friday!

Agree Freezer - I think at some point in the not too distant future, 20p will be seen as the support level and a good price to get in under.

If you chase 10% returns, will you not erode your account over time? Usually because of the spreads, you lose 10% when you buy and sell. So I would have thought it's not worth buying any AIM share unless you think there's at least a 30% move in it?

Andy is quite right. There has been some uncertainty caused by the pause that OMI decided to take. It stopped the previous momentum that had been building up and the share price went down to 7.5p. Depending on how closely you have been following the story and your risk appetite etc, some might have seen 7.5p as an opportunity, and others as a case of 'let's wait and see'.

But the recent RNS and tweets have very much put OMI back on track, and it's clear once again that there is huge upside to come here, and plenty of it from 12p and even from 20p. If PEPAS continues to produce the goods, then folk will be buying this share - and making money from doing so - at multiples of the current share price.

Nice little consolidation and then hopefully we blast through 13p next. What's good to see is that we are "trending" upwards, not "spiking" like pump and dump shares do. This is what institutional buyers do for you i.e. a proper and long lasting trend. There will be a changing of the retail guard at each key level, but the insti's will remain for the end game scenario.

If we hit a PEPAS 2 and/or find the feezer zone, I can see us taking out the previous high of 45p. Not only are we in a bull run for gold, which was not the case last time round (although it was strong bull market), we also have stronger institutional backing this time round and 100% ownership. So although we also have more shares, a lot more % wise will be in stickier hands. I also expect that we will get a more steady uptrend this time round, which will extend over a much longer period, but with consolidations along the way, compared to the much quicker move to 45p last time round. The insti's will support these consolidations/dips. All imo and GLA

You never know Josepi - if results match the hype, then of course there will be more upside from here. OMI will have world class intercepts coming out over the next 4 months and in that sense is more guaranteed than WSBN right now. I will keep a close eye out for the WSBN results.

PS: OMI has already recetnly placed and is currently fully cashed up for its 2025 work programmes.

Crucial fortnight coming up here. Will the permit land before the placing, or vice versa?

We know that drilling is months away, because neither the long lead items nor drilling contractors have been secured, and won't be until permit lands (and imho placing funds are secured).

So it's a risky trade here, playing for the permit spike and selling out before the AGM (after which the placing could land anytime)?

No Josepi - I was close to buying in after the last placing, but a combination of lack of funds and some hesitation stopped me buying in, as I was waiting for it to hit the placing price, which it never did. TBH, even back then I viewed WSBN as a great pump and dump share over the shorter term, rather than a genuine longer term opportunity. But let's see if the results prove otherwise.

OMI on the other hand has real substance behind it and looks like it will multibag from here. It's a great place to put your WSBN profits imho, especially if result here are c r a p. All imo and GLA

Think it's a little treeshake myself as volume has been quite low, which is more suggestive of a shake rather than a leak? But this might be my 'HEX bias' getting the better of me. Let's see if buyers come in and we get the bounce into close of week, ahead of results next week?