Member Info for Legalwolf

This is exactly what Gsent has been doing on other bb. Just check his posting history. So don't be baited by him, which means don't reply to his posts, even to criticise him, and don't reply under his negatively titled threads. He's a troll and usually the share price goes in the opposite direction to what he asserts. He spent several posts telling us at OMI that the share price was headed for 18.5. Instead it hit 27p. He knows eff all other than to bait and de-ramp.

They know about the delays, but have still stated Q4 in the RNS. That is all we need to know. Bres is the kind of company that if the DFS was going to be delayed until Q1, they would not have put Q4 in the RNS imho, but would have used more non committal or even said by Q1. This is what they have done before! The other point to make is that MR said it would be early Q4 anyway, so even with delays with the assays, which have now been resolved, there was enough time leeway here anyway.

So JORC and DFS will land in Q4.

Looking at the chart pattern, the next leg up, whenever it comes, should easily clear 30p.

Silver is on a rip, so this would be a great time to make a silver discovery at El Pantano. It might generate more excitement right now than a gold discovery - although I guess gold is better to have over the longer term. But Gold v Silver - what a nice position to be in hey!

We didn't get the strong open we wanted. Clearly lots of profit taking, which is to be expected as this has multibagged already for many. The uptrend is still intact and it's a case of finding the new support/consolidation level from which supply will be absorbed and then the uptrend will resume. This is exactly how it was during the previous leg up. It's how the market moves. Some of the profit takers will be buying back in at the lows - which is sort of where we're at. As long as we continue to consolidate at a higher level than before, we're good. It will then only be a matter of short time before we end the pause and resume the uptrend. Accordingly, i've added in this consolidation even though i'm already in profit. Until the uptrend is broken, i'm expecting more upside, or at least the probabilities favour that outcome.

As we have seen here already several times, sentiment changes in a flash, and all we need is the emergence of a green candle, whether on the 15 mins, hourly, or daily, and sentiment will resume towards the positive and the share price will stir back into life. All imho and dyor

El Pantano could end up being a monster. Wasn’t there a time when BG said it would end up being better than Anza?

We have fantastic newsflow coming up here non stop over the next 12 months but these next two quarters feel like they will be the most exciting that OMI has ever had.

You can certainly feel the excitement growing on this BB. Does very much feel like we might be about to take off again here. 1.85p seems ridiculously cheap for what’s happening at Red Setter.

That chimes very well with the $4200 projections that I am hearing about from other chartists.

The reasons for the rise are probably not good ones though - global war(s), currency wars, and global economic weakness! These factors are likely to mean that $4200 will be the next monthly consolidation point for gold, before it continues to push towards $5000 and beyond.

I can't ever see BRICS and the US resolving their issues, so the former will continue to buy gold and move away from the $. So elevated gold prices are likely here to stay for some time.

40% in less than one full trading day, and even with all the selling that came in during the middle part, is a really strong showing. Friday tends to be strongest day of the week, so let's see what we get.

When I say next RNS is going to be positive, i'm expecting it to be an update on hole 2, which undoubtedly will be positive given today's RNS and will likely arrive before the assay results from hole 1. All imo and GLA

Yes, the announcements will all be co-ordinated so that OMI has something exciting to release to the market as soon as the placing is concluded. We should get something by Mon 6th latest. Those that missed out on the placing - of whom there will be many as the placing was oversubscribed and filled it in 48 hours - will continue to buy in the open market ahead of the post placing RNS. So I suspect we might see a first attempt at a push up before that RNS lands.

Tomorrow SHOULD be a stronger finish, as there ought to be less selling and stronger buying as a result. IF we open reasonably strongly and get the bid into the 1.9s, then you can see the bid moving very quickly into the 2s as all the shares below 2p are taken up. Then it's off to the races again as the day unfolds.

Bid was around 1.79p at the close (on my dummy sell), and so it shouldn't need much of push on the opening bell tomorrow to get it to 1.9ish. The trend is very much up and the next RNS will be positive again, so every reason for buyers to continue to come in on the consolidations and continue the uptrend.

Still all very much to play for here!

Yes looking very good. A close above 26p tomorrow and then we should start to rev back up. Not long to go now before the post placing RNS, which I suspect will be a real blockbuster, containing not only the latest drilling results, but updates across all the projects and the revised forward plan now that we have £15 million to "drill baby drill" with.

Hopefully a webinar from BG to go with it!

Decent finish given the heavy profit taking, which is to be expected. A strong start tomorrow and we should finish the day well into the 2s. Both holes 1 and 2 have surpassed expectations so far, so still incredible value at these prices.

Buy the dips/consolidations on the way up!

That's all we need - a decent close today and then tomorrow should be another strong day. Today's RNS pretty much tells us that the next RNS for hole 2, which shouldn't take all that long to follow, is also highly likely going to be very positive!

Nice little consolidation forming for the next leg up. You always have a lot of sellers first time round, so its retrace, reconsolidate, retest and resume uptrend!

Https://x.com/Share_Talk/status/1971183004069572891

Great post!

Hopefully OMI will starting getting more acclaim and attention once the placing is done and we get some TR1s. OCTOBER is going to be one of the strongest months yet. I sense that there's more co-operation behind the scenes between the company, it's advisers/analysts and key shareholders. If so, that is yet another bullish factor because the latter will all help drive the company's growth and its strategy.

Yes NT to buy regardless of size of order. Frustrating as hell!

How can they drop the price but not allow you to buy! Cheeky or what.

Still can't buy. Anyone else having issues?