Member Info for Legalwolf

Retired - I would have thought that the simple reason is that you exercise and sell the warrants when the going is good. No one can say what will happen next year let alone 2029?

Yes, I definitely really do believe we are only just getting started - the huge buying here and in Canada at CURRENT price levels confirms that. But the great thing is that I still don't think the majority of the market over here has yet caught up with the OMI story. That will change. It also looks like attention will grow over in Canada as well. I'm sure OMI will step up the promo as well.

So all looking great here and everything aligning for a great 2025 for OMI and its "holders" imho.

KR - it might be news, which is overdue, but GEX was always going to bounce regardless. Low float, beaten down, shorts needing to exit? and ripe for people to starts rumour that news is incoming and setup a quick pump and dump opp.

I really don't trust Hamilton now, and so for me, even if he announces a second site visit and some other blah blah, I would still be worried about whether and when that will actually result in the permit application being submitted and granted. I also would not put it past GEX to place and justify that on the basis of new acquisitions. Seen that bs before as well. Moreover, by the time they re-enter Hussar, if they ever do, it will be almost a year since the previous raise!

Fair enough - never sure how much you can trust info coming out for miners in certain jurisdictions. My trade over there was more technical thinking it will get 'the gold bounce' at some point if the goldies go on a bull run. I'll see what other AIM goldies are seemingly on the move. I've seen that GGP has perked up but far too many shares in issue for me. Shame that Cora Gold has been stalled by the Mali/Russia tie up.

Yes - fair play to the Canadians, and in particular, Kilcona, for banging the OMI drum out there and getting the word out amongst his contacts. For OMI to come alive on both exchanges is a major plus and it massively widens the investor pool and interest in the company. In fact, OMI will be well served by doing as much promo over there as in the UK. They might even do well to engage the services of Kilcona!

You would expect pretty much all the warrants to be exercised as they are in the money and it's a no brainer. I have wondered whether dark pool activity is the warrants being traded, as we saw some MASSIVE trades being late reported this week? Assuming the majority have been/will be, then with $3 million in the kitty, there is actually no reason to raise in the short term because there is more than enough cash to drill at PEP2. Remember what BG said about drilling being much cheaper now in Columbia than in the past. We can also see this in the financials where OMI has $2.2 million AFTER the initial drilling in PEP 1.

Now in order to fully drill a resource, of course you're talking 1000s of metres of drilling. But imho we are NOT looking for that. All we need to do is to stick 6-10 initial holes in PEPAS 2 and confirm the initial discovery i.e. hit some high grade gold - hopefully. As with PEP1, this will be sufficient to launch the share price to new highs. You would then think that the combination of these early drilling results at PEP 1 and PEP2 will bring funding partners to the table.

We can try to achieve this well within the existing $2.2 million (with or without the warrant money). That's what I think the smart strategy would be and it would allow OMI to cash in on PEPAS outright and/or raise much more and at much higher prices with minimal dilution.

Depends of course on how confident they are of hitting at PEP 2 within the initial drilling campaign?

14p close on the TSX. Looking forward to the gap up on Monday.

But anyway, let him continue barking all throughout this year's run to £1.50 or wherever the new high is set!

I'd disagree - he doesn't want anyone to make a profit with OMI, including all of us, as he doesn't want OMI to succeed. He can't stand any success, like a bitter jilted hateful ex.

Great post Mr Digit - and doesn't it feel so much better with the filter?

TSX is looking to close at 14p, so we could gap up on Monday. I believe we will have news incoming next week as well!

What you saying Dai? Is it an unconvincing pitch/project? Like GCAT?

I bought in a bit impulsively based on an article and the last RNS, and the POG, so not particularly wedded to GRL.

If the answer is "no", then i'm afraid that tells its own story about Bogoff and whether he is deserving of any sympathy in my view. Anyway, spent too much time discussing the troll, when we are on a roll, and should be discussing the positives ahead of us as OMI holders.

For example - I have had Bogoff on filter for a while now. In that time, the OMI team has done as well as can be expected, in fact surpassed expectations and the share price has risen to these levels.

Now, I have no idea what Bogoff has been posting, but can any of you confirm whether Bogoff is spewing the same bile, or has he now admitted his previous warning have proved to be unfounded and is he now saying more positive things about OMI and its potential from here? Is he encouraging others to buy now?

Can someone help me with this?

Have to agree with the Doc's 20:08 post - Bogoff is merciless in his approach/attacks and is therefore not deserving of any mercy. He doesn't have a large holding and has long since sold it off. Since then, he might have traded a few morsels here and there, but that previous holding from the 45p days is long since gone. Anyone who believes otherwise just needs to look at Bogoff's posts to remove any doubts. The troll is full of bs imho

Bogoff has brought this entirely on himself.

Rob - are you for real? If so, have to disagree. We all make our losses but that doesn’t excuse us from relentlessly trolling a BB and attacking others in the process, which is what Bogoff has been doing for several months and continues to do so, despite several pleas from several of us to please stop.

I say we take Bogoff for the full ride to 45p and beyond. Our very own Gollum as we search for the Ring. I might unfilter him when we hit 45p so that I can get his expert opinion on how to successfully trade at that level 🤔

But the value of Bogoff is that when this does get to 45p, his presence and crying on this bb will remind us to sell😂

We know Bogoff has sold any large holdings he once had. That’s why he cant stomach this rise. OMI is taunting and humiliating him all over again. He must have been an even bigger 🔔 end in his previous life as he is currently to be getting slapped all over again.

Karl - a buyout looks inevitable. Will it just be PEPAS do you think or the whole company? I’m sure BG would want to drill El Pantano…