Member Info for Legalwolf

Opened on the highest volume since IPO. Bid now in the 18s - they likely need shares and because people aren't willing to let them go so cheap, they are having to raise the bid.

At this rate we might well be in the 20s today, let alone by the end of the week!!!

HEX might well hit 20p today at this rate!

Come out of the traps quickly this morning and should be another good week. Let's smash into the 20s now! GLA

Switching to HEX and riding its current wave, and then putting those profits into here after the placing is what a lot of folk will be doing. HEX is making a big move and has only 100 million shares of which most are in sticky hands. Play them both is the smart strategy imho.

Yes it does sound like they are close. Exciting times ahead for OMI once again. Should be a rip roaring H2 of 2024. GLA

No way this is going anywhere but north next week. This has moved a lot earlier and quicker than many of us expected. Some of us, like myself, were still positioning into the stock and then whoosh! So I found myself adding all the way to the 16s. To be honest, I will be delighted if it dips, because I will gobble up what I can if it does. ~ 10 weeks to drill and making moves of 5p in less than a week, you can see that this one has a lot of mileage ahead of it in that time. Fasten those seatbelts!

He has both BCE and HEX doing well next week, so I guess we can all love him for this week's forecasting!

Zak predicting another decent move up this week. I agree and it might be the last few days to get in at these levels. GLA

Anza news could land anytime in May folks. Do we expect Pepas drilling will be covered in the same RNS?

Hi GoldBlend - I'll be adding to my holding in KAV. They have major backing from Purebond, who have just put in another £3 million to add to the £6 million they put in less than a year ago. PB have indicated that there's another £40 million available. KAV are on the verge of announcing commercial gold discoveries in Zimbabwe and have created a mining company already. They are also about to start a major drilling programme at their flagship copper project in the KCB. Copper price is resurgent right now as well. So I think KAV has a lot of upside for H2 of 2024. PB will ensure that the gains are locked in with the way they are pumping their millions in. It's their investment/company.

But the GOLD share that I think will do the best in the coming weeks and months is OMI. On the verge of making a big announcement and has a relatively small float. Might even outperform HEX!!!

Hi Jethro - with this week's move proving that this share can rise very quickly, and now already at 15p, I don't think 30p is "wild" at all, but looks like a very realistic and likely level. Especially if we get to 20p very quickly (as I suspect we might), then 30p is the next logical place for this to go.

With such a small float, this is like a greyhound compared to other shares, so can and will move through the levels quite quickly. This week has given us the demonstration of just that. So these levels (20p, 30p,) can become 'self fulfilling prophecies' as 'a positive feedback loop' develops.

For example, I was happy to buy at 10p regarding that as a high probability level for making profits. I'm equally happy loading up at current levels, because this week's move has opened up the sky light and I can see that the potential upside here is actually higher than what I initially thought. So that means the safe buying zone moves up as well.

Let's say we start drilling in August (which I think is the earliest we will drill). That's still 12 week's away. For a share that can move 5p/week, you can see how we will be in the 20s in no time. And then 30p seems more obvious. But to be honest, I'm just going to enjoy the ride from these levels and will be happy with whatever gains this offers up.

Next week should be another strong one, now that we have momentum, and lots of folk will want to buy at these lower and high probability levels. So don't miss out. All imo and GLA

I agree that the next few weeks will see the anticipation and momentum build here. There, I've also added at these levels. It would have been rude not to. By the time we get drilling in Pepas, or see the results, gold will have finished consolidating and have commenced its next move up. So a perfect storm scenario hopefully for OMI holders.

DrR - am I right in thinking that you are often in email comms with BG?

That’s a cracking interview. Summarises brilliantly the opportunity coming up here. BT all but confirming they have already made a commercial discovery in Zim (it just needs proving up) which will be a company maker in itself and multi bag this. But it will go mental if they also hit copper during this 5000m drill campaign.

Locked in the gains at 1.2p. I’m sure we will be multi bag from these levels during these next 6 months. Time to load up and enjoy the news filled ride here. GLA

Never mind that - all are welcome 😆

What an excellent start to this run. HEX has shown what it can do and flexed its muscle. Hopefully we are in for a repeat of the run that HE1 had from 4p to 28p in only a few months in the run up to its maiden drill. (But note that He1 had more shares and also raised £10 million during this period whereas HEX has a clear runway ahead of it).

Bring on next week and good weekend to all.

KR - how did DM's last company go? If you mean HE1, it was a multi bagger! Happily take some more of that.

Let's hope both BCE and HEX continue to do well, and we can all put profits into the next big thing!

Good luck with BCE - glad it seems to be moving. I'm going to stick with HEX though.

I mean you could say it's the Elephant and the Greyhound, when you compare how many shares in issue each of them has.

This could be the pullback that you guys are waiting for, and could be the last chance to get into HEX at pretty safe buying levels. Could be an interesting afternoon, which way will it go!!!

No temptation to sell at these levels - that would be like robbing yourself!