Member Info for Legalwolf

They are scooping up. Easy money because of the following:

1) POG going well and rate cuts expected to give it another push.

2) Instis hoovering up. Beaver Creek will bring in more.

4) El P drilling to commence next month.

5) MRE drilling concludes and the Rig moves to exploration at North Pepas or to high grade APTA. Either will do thank you very much Brad!

6) MRE announced for Pepas in December (and APTA?).

7) Assay results from El P in January.

Share price already up massively in Sept - the so called weakest month. Perfect storm situation coming up for Q4/Q1 - the strongest months.

At only $15 million CAPEX, we can go it alone. Not all of this CAPEX will be upfront expenditure either. We just go for a prepaid gold sales agreement and job done. Do we think BG will want to turn OMI into a producer or sell/JV the asset?

KR - I think they are overpromising of timescales. They were meant to be closing in on production by now but then RNS simply says: "The Company continues its strong progress towards production and will update the market as updates come to hand."

That's basically telling us they are delayed without telling us. No news on offtakers either, other than its going well.

Thanks Trek for the earlier response - all understood.

Don't be baited folks - we have been here before the trolls. I did warn that they appear when they want your shares. Don't engage with naysayers or reply under their threads. It's the only way to deal with them. The only option they then have is to reply to themselves under a different account.

We have had lots of new accounts appear of late. All to be expected.

If you are truly and genuinely confident of OMI's potential and share price growth, then you show it by ignoring them and not posting under their negative threads.

As for share price, strong buying coming in and clearly resetting for another push up. But with what OMI is worth and all the newsflow coming up between now and end of year, who cares what the share price is in SEPT - the seasonally weakest period of the year. But we have already hit 27p this month - not bad at all! That's a sign of 💪💪💪💪

Not that any of us are geos, but does anyone know how such veins might influence thinking around a feeder source? Or can they just appear randomly and don't lead to any inferences about what lies beneath or nearby?

The Trend is our only Friend and most reliable guide. As long as we still have it, all is good. Aka price action and volume!

Just follow the volume as I said. It shows that the big money and MM will take your shares at whatever price you are willing to sell them, especially after a decent move up. They know the retail mindset and how to shake it out of its comfort zone. Oldest trick/truth in the book!

You have to almost not care too much about the daily price movements (up or down) and see the bigger picture.

We really shouldn't be getting retail jitters at 24p. That's day light robbery and no way near where this is headed. But if you want to grab a multibagger, you need to be able to stomach some bag snatching attempts on the way i.e. shakeouts and retracements. No one is going to give you anything on a plate in the markets and you have to have the stomach for the fight and the psychological 'warfare'.

Decent volume finish on the TSX!

You would never think we finished up 13% today😂

The price is being driven by LSE more than it is being driven by TSX. Some instis might be manipulating the TSX to get better prices. All sorts of games when big money is to be made.

Relax folks and follow the volume. You will see that todays pullback came on much less volume relative to the rise (a ratio of 4:1). That's healthy consolidation and is what happens when a trend takes a temporary breather before the next leg up. Sometimes it helps to switch from daily to 4H or 1H to see this more cleary. All it will take is one hour or two of strong buying on the LSE, and the emergence of the first green candle on decent volume, and the uptrend should rev back into life. All imo and GLA

I can't decide which of the above options is the most exciting. My intial and immediate reaction was "more PEPAS please", but now I'm marginally in favour of going to APTA and virtually guaranteeing a repeat of the excitment generated by PEPAS.

This is a really tough call to make. I find myself swaying from one to another.

The idea of finding more Pepas's (or that feeder source) is hard to resist. But then it would also be a really smart move to repeat our success with the Pepas MRE over at APTA. Having the two MRE, which undoubtedly would collectively give us over 1moz, would then really underpin a much higher valuation going into 2026.

So where do we prefer the Rig to go to next? Would it be greed to say get another Rig and do both of the above? Well actually, it would be three Rigs because we will have at least one Rig drilling away in Argentina regardless. BG has said it's not just about the finances, but the human resources available to OMI to oversee multiple Rigs?

25.8p close with some buying volume coming back in. The main this is that even with profit taking today, we had another green day and have more than maintained the uptrend. 25p is ridiculous for what's on offer here and the newsflow coming up. Won't take much to get this revving again and into the 30s.

The initial infill drills have surpassed expectations and we can start to have confidence that it will come in above 500koz? Anyone want to go higher than that?

If it helps, during the 2020 move up, it did exactly the same thing at this level before blasting away again.

Folks - why are we so worked up about the assays. They will land when they land. Shouldn't we be asking about the core inspection for hole 2? That shouldn't take as long as assays.

"Super cool to see this vein leaking visible gold! Nice change of pace to the drilling which to date was mostly sediment/breccia hosted gold. Where can we find more of those bonanza grade veins! Between Apta and Pepas this is gonna be a 3moz+ of high grade from to near surface deposits and growing! If we can show a pathways to 5moz+, I think this turns into a $500m company. Which based on the work so far seems reasonable. Then there is El Pananto and El Cedro that are pure bonuses to this and could be company makers on their own too. So many irons in the fire here! Reminding me of early days at FDR."

That's from the very knowlegdeable and experienced Kilcona over on the Canadian BB."

A brief stop for the Beaver Express on its way to this re-rate.

I suspect a large part of the Herd has moved over to OMI as lots of new trader type posters over there today. WSBN is more speculative but with high risk comes high reward! That's the trade of.

Would be good to get an update of some sort. When can we expect to hear the core inspection results of hole 2? Next week?

"Umm we are up over 70percent in a week. Let the markets breath and accumulate for the next leg up. Corrections along the way is normal and fine"

Couldn't agree more. Great to see a consolidation forming around the gap. Setting a temporary level from which to continue the rise. Price will move when all weaker hands (at this level) have handed over their shares. But so far, very bullish price action and a great opening present for the opening of Beaver Creek.

Should have a very strong finish to the day and hopefully the week.