Member Info for Legalwolf

Https://www.youtube.com/watch?v=HrYMuqPFA20

Has made some good calls and is gaining in popularity. He thinks we are about to breakout to 10.75p with a pullback. Then it's a case of re-appraising the situation. Let's hope this is another good call for BRES.

MeM - when GGP started its meteoric rise, there were lots of posters accused of ramping it back then. At various stages, LTH here have been accused of ramping. Were we wrong at 2.5p? At 7.5p? At 15p? At 20p?

Most of us have not sold any shares on the way up, so we speak from conviction and put our money where our mouths are. Of course there will come a stage where we might not feel as confident in calling this up. But at 37p, I remain very confident in doing so and I'm again not selling at these prices.

It's not actually 37p that is the significant marker for me. It's more where we are in the story, as I regard OMI as a story stock. I still think we are at the start of the story, with all the projects early stage and $15 million to spend on them. If we think of this as the Lord Of The Rings trilogy, then I would say we are some way into The Fellowship of the Rings. Maybe once we get those two MREs, we will move into The Two Towers (Pepas and Apta).

So do I want to sell out of OMI right now and watch the excitement all unfold from the sidelines? Nah!

If we are making comparisons with GGP, then we only need to observe that when it had that stellar rise, it was an EXPLORER with a resource being developed towards a MRE. There was no near term production on the cards back then. It was the Havieron drilling results, the MRE, and the prospect of making more discoveries at the Paterson that drove GGP's share price on that multibagging run.

Well, isn't this exactly the situation that OMI finds itself in? Exploring in a very prospect gold region looking to make new discoveries, whilst drilling existing discoveries towards MRE?

So with gold now at $5000, you can argue that OMI is going to be like a rerun of GGP's rise, but on steroids.

That was a hugely significant post from BG, arguably the most exciting one we've had yet in terms of the giveaways. We know when he's in a jovial mood on X, usually it signals that very good news is on the way. But regardless, the update he has provided in that tweet should leave us all licking our lips - things are about to get very exciting indeed. Most significant for me is that we are about to drill Apta. As you know, I have been hoping for this to happen sooner rather than later, and over the moon about this. The simple reason is that in this bullish market, excellent drilling results really move the share price needle more than any other kind of update. We have seen this with Pepas already. It's also true for the dogs (e.g. ORR, ORCP, etc) where drilling results, or the anticipation of great drilling results (e.g. WSBN) have caused 100% moves - albeit pump and dumps for these other shares. So I am well chuffed that OMI is going for the lower hanging fruit at APTA. It virtually guarantees us more Pepas style excitement with the drilling results. This ought to be another great driver for the share price!

So dream scenario approaching here folks with Pepas MRE (Jan/Feb) followed by world class results at Apta (Feb-May) followed by a 1-2 MILLION ounce APTA MRE (June). This sequence alone should take us much higher as it's all virtually guaranteed positive newsflow happening over the NEXT 4-6 MONTHS!

But then we are also getting a second Rig in Columbia. Meaning that alongside the above, we will be getting newsflow from NORTH PEPAS, EL CEDRO and EL PANTANO. When you think about it, this is just effin crazy. Like, really effin crazy. Where will gold (and silver) be when this newsflow is landing? How are we going to cope with all this excitement?

I think BG knows that he's going to be delivering more bags here, hence his earlier '13 bag no pressure tweet'. When you step back and think about the strategy he has adopted - going for the lower hanging guaranteed fruit - you start to realise why more bags are surely on the way here. This is crazy cheap at 37p and I for one can see why it's heading for a triple digit share price.

Both London and Canada are ready for next week - over to you now Mr BG!

I'd be very surprised if news doesn't drop next week - this move up looks very much like prep for it.

That's almost our entire mcap of cash flow each year! Shows that Pepas is a company maker in its own right and that we are crazily undervalued right now. When that MRE lands and the market gets some confirmation about the size of Pepas - BOOM 1. Then we can sit back and watch the following possibilities/probabilities take us even higher:

- Any additonal discovery at Pepas - BOOM 2

- Any discovery at El P - BOOM 3

- Any JV announcement - BOOM 4

- Any strike at El C - BOOM 5

- MRE at Apta - BOOM 6

- Successful follow up at El P - BOOM 7

(Not necessarily all in this order)

Some of these might result in a double BOOM!

Nap do you have enough rockets in storage to deal with this emerging situation?

Oh right, didn't know that. I've seen other commentators say 5400 as well. Imagine the economics on Pepas right now?

You know me though, would love a consolidation before it gets to 5400 😆

There's always at least one naysayer appearing on here during EVERY single leg up. It's another sign that is business as usual. The response is always the same, ignore and don't let them clog up the bb with negative stuff.

Looks very much like the gold trade is basically the geopolitics trade - and everything that comes with that. These tensions between the big powers show no signs of abating in 2026 - and this macro backdrop may even last for the entire Trump presidency the way he is going!

The 5000 target was meant to be for 2026, not for January 2026!

So now are we going to get a revised target for 2026. Imagine if that happens post MRE - what happens to OMI?

It's probably more use when you have a trend already in place, with the usual swings. But less so at the very start of a bullish move when there is high demand as prices are still dirt cheap, meaning demand remains high, and the RSI remains high.

So as TT says, probably only helpful on very low timeframes right now for BRES. Might become more useful on higher timeframes AFTER we breakout and start the stair stepping trending action.

Two of the very best gold companies on AIM - but at very different stages and not really comparable. GGP has already gone through that long journey and successfully made it! Massive credit to it for that. It's not an easy journey at all and very few make it to producer.

OMI is on its way but very early stage. But somewhat ironically, this means there is more upside in OMI than GGP - as that's just how the market works. The NEXT big thing always gets more traction than the existing big thing itself.

BRES has everything going for it right now to offer very good upside from these levels:

1) Fully cashed up (with warrant monies coming in as well).

2) A huge world class Tier 1 Graphite project.

3) All workstreams completed meaning low operating costs.

4) DFS showing insane IRR and billion dollar plus NPV. Grossly undervalued against this.

5) Very rich period of newsflow with some significant announcements to come.

6) Record levels of volume coming in which shows huge and growing demand and investor interest.

7) Strong potential for some new institutional interest.

So very well placed to go on a big run in the coming weeks and months.

Yes that's right ID - in very bullish conditions, the RSI can go into overbought and remain there for a long periods. Therefore, can be less helpful.

It seems clear to me that they are creating as many options as possible, and will then review them with their advisers in due course. I suspect they are also wanting to wait for the upgraded JORC, as MR has been very clear that a key reason for doing the drilling was to demonstrate the upside in the project and that any offers would need to reflect that upside. So it's not just about the baseline NPV. The one glitch has been the delay in results coming through, but when they get all the results back, the upgraded JORC will take the project and its value to another level. So in the meantime, it's just a case of showcasing the project and building as much interest as possible.

It's not just some of the world's best intercepts in terms of the high grade, but also the ridiculous depth! The crazy economics of the project (and the potential to significantly expand it with more discoveries at Pepas) will not be lost on the big boys!

The value of Pepas is now even more ridiculous than before. £15 million capex to take a 350-450koz resource into production, with one of the lowest AISC you will ever see, is basically why we are going to see and sustain a major re-rate here.

On here it will soon be: "$5,000 Gold and we are selling for 55p WTF"

I think the tick up in volume was as encouraging as the tick up in price. I'm confident we should consolidate the 8s now at the very least but if we get a strong open tomorrow morning, then it could be an interesting day. But let's see - one thing most BRES holders have, if nothing else, is patience in abundance!

What a mastermind BG is! Releasing news when gold hits 5k and he's attending conference(s).

Let's call him the Genius Geo for now. (Will add Giant or even Gorgeous if or when he gets us to £2/share!)