Member Info for Legalwolf

Well there you go. Opened with NT to buy!

What a bargain this is. £20 million to explore FOUR billion dollar projects. Should see a triple digit gain over the next few weeks and months.

And why not with that fantastic RNS

https://x.com/OrosurM/status/1983799369519526361

20p is a frickin bargain of a lifetime. FOUR billion dollar projects in the making ALL being drilled over the coming weeks and months. 5 day turnaround for results.

It’s an incredible entry point and timing into the stock for anyone looking to make serious gains in such a short period of time.

We know the score. Dont reply to the trolls or post under their negative threads. Keep it positive and post only under positive threads.

It’s a fantastic all systems go update from BG. The newsflow over the next 6 months is going to be insane.

It’s all systems go for OMI:

1) All three holes at PEPAS once again returned exceptional results. Company maker on its own. MRE on the way.

2) A second porphyry system found at EL CEDRO, which looks like a massive target now - drilling in Q1.

3) Drilling at APTA in a few weeks. MRE on the way.

4) 3000m program to commence this week at EL PANTANO.

Cashed up and drilling across FOUR separate billion dollar projects over the next 6 months. It’s going to be an incredibly exciting Q4/Q1 for OMI.

In summary: WOW, just WOW.

I remain completely relaxed about OMI. It will be good to decouple from the gold price, as the company stands on its own fundamentals, which remain outstanding, regardless of gold price. The story hasn't changed, but the drop in the gold price has been used by bar stewards to take more shares from the weaker hands. October is the weakest month of the year, so a good time to do a tree shake!

Still expect the share price to finish the year strongly, and 2026 will be a belter for OMI.

Yes, he said it will be a 5 day turnaround on assays in Argentina, which is pretty remarkable given the remoteness of the location.

So drilling results will be coming out thick and fast from Argentina and Columbia over the next 3 months.

What a fantastic position to be in. Drilling to start imminently meaning we will likely get another RNS on Monday to confirm it has started plus results from PEPAS.

If it helps folks, OMI also carried a LOT of cheap warrants, then issued even more during an April 2025 placing. Although it experienced drag and slower momentum at times, it did not prevent the stock rising 1000% from its lows.

I think the fact that BRES has risen over 150% from its lows, despite a full exit from JANGANDA, selling from RAB and all these warrants, should actually be viewed as a real sign of strength. Imagine where it would have been without this supply?

The warrants will put plenty of cash into the coffers, which for a company like BRES, is most certainly welcome.

Not all of the warrants will be exercised or are in the money. Even the ones that are in the money, not all will be sold at these levels. I'm sure some of the warrants will be cashed in for bigger gains. I'd also rather the selling is mostly done and dusted now, before the big ticket items land.

Wow - there you have it - another £337,500 in the kitty from warrants. That is VERY impressive and supports that CP said a few weeks about warrant money coming in!

It's coming folks - this is the strongest consolidation we have had so far as well.

Easy to hold when the price is going up, not so easy for many when it goes into a consolidation! Now, let's not please forget all of those massive buys coming in only a few days/weeks ago? Do you think that kind of money just enters and leaves on a whim? NO! It is still here, lurking in the background, and will take every share 'dumb money/weaker hands' is willing to part with. It's called a shakeout and there is no better time to do it than when gold takes a hit and the seasonally weakest month of the year, which makes many think the big bull is over for now.

Imho, these daily drops right now are here to test our mettle. It's well known that the conviction levels of most retail are about as strong as a sand castle (despite what we post on here about how much we really believe in OMI). The smart money will drop the price, test our nerves, then accumulate some more from us, which will increase the price, renew the hope of those remaining strong, then they will drop it again, to test our sand castles once more! And so on until our sand castles ebb away like they would do on a beach as the tide keeps on making it's small waves. Or you never know, they might even make one large wave and get rid of the sand castle in one go. Scary thought hey!

Imho, this is the price action we are seeing right now. Once these greedy bar stewards are done, and only then, can we expect to see a climb back to the top of the trading range, and then that breakout we are all waiting for, so we can all start bringing out our 🚀 once more, and for those whose sand castles got destroyed, they can start building the next 🏖🏖🏰!

Stay strong folks and protect your fortresses! All imo and dyor

We are not all that far of either level. A mere 30% from the major breakout level. We are also in what is seasonally the weakest month of the year, and approaching what is seasonally the strongest period of the year. In this sense, the delay in the DFS has worked in our favour (and I still wouldn't mind it being delayed be a few weeks, but appreciate that MR wants it for the early December event he is pitching at).

We have several more RNS to land during this period. There are no certainties in the market, but surely after climbing 150% during the weaker months, we are going to climb this extra 30% and into blue sky territory.

Solid base being built by the early entrants. Theirs will be the greatest reward. Not long to wait now at all!

I don’t think this slower move up is going to carry on until DFS. At some point shortly I think we will have a day/week when this just uncharacteristically makes a big move up. The kind of ‘pop’ that is more typical of what you might see on AIM.

This could be triggered by a RNS and/or a break of a key level like 7.5p or 9p which confirm to all that the rerate is actually happening despite selling etc.

I’m trying to finish loading up before this happens. I am confident that the next few months are going to see the best share price action BRES has ever seen.

Morning all. Share price and gold price don’t matter right now. We are at the STARTING phase of what will be a long and exciting journey with £15 million to start this journey with. We have the broad timeline for the next 14 months of this journey and you can see several potentially huge catalysts for the share price.

We don’t know just how high it will go and exactly when. What we can be very confident about is that it will go far higher than the current price.

Gold should form a bit of a trading range at some point and remain settled for a period. When it does then folk will once again see just how rich the mining sector is going to be at even 3500 gold. I hear one expert say that despite the recent rise, most of the industry works from a baseline of 2800 gold when they do things like their DFS/PFS/NPV etc.

These drops in the gold price are just resets. So when gold goes to 5000 in the future, the baseline calculation will just move to something like 3500. It’s always quite conservative compared to the actual gold price.

Gold should settle into a trading range environment and normal sentiment will resume. Great opportunity this before it does resume. All imo and GLA

BB sounding a bit panicky today for whatever reason? Take the opportunity.

None of us can predict sale price at these stage. We don’t have the NPV valuation, we don’t know how many buyers there will be, or whether any sale will be pre or post financing.

What we do know is that it will be well north of here.

A great buying opportunity from these levels either way. I’m going to top up when funds permit.

At last some positive news. Strong volume coming in. Pleased for the genuine LTH.

"Should the DFS deliver a material uplift and the company secure early-stage finance and move towards Phase 1 production (given a 21-year production mining license already in place), any potential acquisition price could move into the next bracket (anywhere between 35-60% of project NPV)."

Like the sound of that! But I think the offers will come in post DFS myself.

All the best Nap - take care of your loved ones.

Don't worry about OMI, it will take care of itself and us all in the process!!!