Member Info for Legalwolf

We should call it MONSTAZA!

Looks like sub 4p are being taken out in anticipation of the next set of results. As I keep on saying, if you look at the chart, it's all blue sky upside above 4.8p. That will easily get taken out and then there's no overhead resistance, so this could easily and beautifully trend upwards into double figures on further drilling success and rises in both copper and silver prices, and the tantalising prospect of a JV with one of the majors.

All the ducks lining up perfectly here.

Really good to read all the positivity on here and over on the TSX. We are now in one of the best moments that you can ever wish to find in a share, which I will sum up as follows:

1) In a nascent uptrend with buyers firmly in control and only just getting started.

2) Fully cashed up and so plenty of time (runway) for the share price to continue north.

3) Buying power includes Institutional and HNW buyers who have deep pockets and have only just bought in. They will be looking for significant returns from these levels and will support the share price on its way up.

4) All powered by liquidity on two exchanges.

5) Multiple fantastic looking prospects to explore, each of which is a company maker (i.e. carries multibagger potential) by itself.

6) Gold at record highs and will only go higher in 2025 due to all its macro tailwinds right now.

It feels like cheating to have all these ingredients (and more) in one share. Like playing a computer game where you get to pick the best of everything. But this really is beautifully set up now to deliver a very exciting 2025 for us all.

Would love to get the RNS tomorrow, so that we can have another FOMO Friday. I suspect we will see the 20s very soon. Long and strong. GLA

Yes better than expected and very much on track now with Pit 1 to commence.

Yes, as the offering draws to a close, it's the last chance to get cheap shares. I would expect OMI to move relatively quickly now towards 20p, because the placing is now out of the way, and the company will be cashed up to the max - let's not forget the warrant monies that will have been added in the last month, on top of the placing.

Competition for the best priced shares here will be hot.

Looking poised to start moving back up. Are results expected next week?

BTW - what's happening with the Viuda results?

The BOD taking part in the offering would be another big clue/sign of their confidence in what they have across their projects. Now if they have gotten their 'friends and family' on board, as has been rumoured on the canadian BB, although this would raise eyebrows in one sense, it would also be another strong indicator of what's coming down the line here.

The close of the placing could in itself take us into the 15-20p range in anticipation. Buyers will know that there is now little to no time left to hesitate, because you are now competing for the best priced shares with other retail traders across both exchanges, as well as with institutions and HNWs. Bring it on!

Bid and Ask on the rise. Offering might well have closed by now, meaning the RNS should be on its way to us very soon. Expect a flurry of buying once the size of the offering is confirmed, and hopefully we will also get some TR1s!

Hopefully the next hole will light things up again. We just need to move into the 5s and can then look forward to this trending upwards for the rest of the year as the resource is expanded through further drilling. Blue sky above around 4.8p.

Copper at 10k. A great time to release the next results, and if exceptional as expected, it should take us towards 5p.

I think you can excuse the f up on the basis that there was simply too much uncertainty - and hence risk - when it fell to 4p. That is unless you trade purely on the technicals, which none of us do? It could just as easily have fallen below 4p and you would have been relieved.

I'd say the 10s are gone already. Looking for a close above 12p for a resumption of the pre placing uptrend. It's coming, just need the RNS confirming how much money we have raised on the TSX, and then we are off to the races again - hopefully!

That's exactly right ID78. With the higher risk comes the higher reward. But now that we are fully cashed up, the risk here is spread out across a number of great looking prospects, such that if any individual one doesn't produce the goods, you have the cushion of knowing there are others that still might. Even PEPAS itself is diversified as the Doc has alluded to, with a number of potential targets in different directions, not to mention that deeper source!

Add to this the fact that once the placing is confirmed, you could make 50% from these levels just on anticipation, with April traditionally being a decent month on AIM, due to fresh ISA monies coming in. The first or second week of April would be a great time for an update on 'opening up new fronts at Anza' and drilling plans going forward.

We have only one objective, which is to make money. So this comparison is best made by asking: which of these companies is likely to provide the best returns from current levels? Viewed through this lense - the only one that really matters - then there is indeed no contest between OMI and Collective. How many, if offered the chance, would take out their holding in OMI and put it into Collective? I certainly would not. The best time to catch a junior is just as its on the verge of making a major discovery, which then brings with it the high returns and JV interest. Collective is yet another proof of that.

So as far as I am concerned, OMI represents the best and better choice for my money right now than Collective. To be clear, this is not a comparison of their acreage or deposits, or their funding, or anything else like. It is simply a comparison of which of them offers the best returns in my opinion. The answer will only be revealed when we look back at their share price gains at the end of our individual holding period. All imho

"As such, mining operations will re-commence in Pit 1 within a month, where expected grades are 1-1.2 g/t, which with increased stacking and the continued improvement in leach kinetic rates is expected to facilitate the achievement of our production target over the coming months."

This was said on Feb 12th. So by now, they should have had about two weeks or so of mining at Pit 1. If Pit 1 will contribute towards significantly better overall results, then why would you NOT expect the company to delay the next RNS until it is in a position to give a better and more confidence inspiring update to the market only weeks later?

As a shareholder, this is what I would expect them to do. Comms have to be managed in a way that they are timely but also in the interests of the company and its growth.

Share price will all depend on operational activity and the results it produces. At present, we know that the three projects that will be explored in 2025 are PEPAS 1&2, El Cedro and El Pantano. We know that in terms of Q2/Q3, the focus for drilling will be at PEPAS. It is entirely possible that by Q3/Q4, we could end up drilling at one or both of the other two.

In terms of share price in the near term, it all then depends on the following sequence:

1) What rise we get on closing this fund raise and ahead of next drilling.

2) Whether we expand the resource at PEPAS 1.

3) Whether we strike at PEPAS 2, which will then open up a 1km strike area.

4) Whether we locate a deeper source for the mineralisation at PEPAS.

Whilst 1 and 2 would take us into the 20s, 3 and/or 4 have the potential to cause a re-rate in the stock?

This is before we even get to the second half of the year and drilling at the other projects. So a really good risk to reward buy at these levels, with the only question being whether you get a one bag or multiple bags out of it over the course of 2025 imho.

Both great shares to have whilst POG does well. I personally think OMI will move a lot quicker and has the potential for the greater upside. Had it not been for this raise, OMI would already have been sitting much higher than it is at the moment, and we probably wouldn't have been debating this. But as soon as this raise is confirmed, expect OMI to resume a climb into the teens in anticipaton of expanding the PEPAS resource in the near term, and then we will likely have further drilling coming up in H2 at one or both of El Cedro and El Pantano.

Take on board the comments made, but personally would give it until month end. There could be all sorts of reasons why any particular monthly update might be later than previous ones - positive or negative. For example, if the company want to wait an extra week or two in order to provide a better update, then that's good management imo and we would want them to do as shareholders.

So still a week or so too early to be concluding that IF they are doing monthly updates, they have stopped.

Those are impressive. Presumably all independently verified.

Yawn - so boring 😴

HarChris - I'm in the same boat as you. I have previous invested in Bres, but then traded out with a view to looking at it afresh once the DFS was nearer completion, which date has been pushed back a few times now. Now post Trump, the situation does appear to be more uncertain.

In addition, you only have to look at the chart for proof that the share price here has done very little despite the promise and progress. There is little to no point or sense investing in a company which you believe in, but the market does not. Similarly, getting in ahead of known or likely funding/dilution risk.

These are all what (new) investors should rightly be considering and discussing, despite the idiots on here getting personal because they can't handle, tolerate or debate anything that isn't 'this is going to the moon' type rhetoric. Usually in my experience, when the share price falls, it opens up people's minds a bit and makes them more amenable to a balanced debate in the process, or at least it does for some.

I'm undecided and welcome all points of view.