Member Info for Legalwolf

You're meant to cut your losers early, not your winners!

Each to their own, but i'm NOT selling a single share ahead of the upcoming newsflow. I think this newsflow will fuel continued share price growth - how can it not? Next week, this could retrace to 15p, and it would not make a difference to how I feel. (I've already sat through the recent retrace from around 15p to 7p, sitting through another retrace is no biggie for me).

I'd hate to be out of this stock during the coming months and watching from the sidelines itching to get back in, but having to pay higher to do so. That's a botched trade, even if you have made money - let your winners run!

Opp like this don't come round often. I can see the chart, anticipate the newsflow, see the insti buying and the only emotions I feel are the ones that lead to a knowing smile of what's to come here.

Mrdigit - well, a purchaser might insist that BG is included in the sale, so that he can lead future exploration!

OMI sells the existing PEPAS deposit only for £50 to 100 million. Then immediately discovers an even bigger PEPAS NORTH.

Now that would be a great outcome!

If you're a company interested in PEPAS, do you bid now or wait until it becomes an even larger monster. Don't think its for sale though!

This is where you hope that management and warrant holders are aligned, in that during the period where management are trying to engineer an inflection point in the stock, those that management have 'bestowed' with warrants, don't prevent that from happening by offloading them into that same newsflow.

But then someone might tell me it doesn't work like that, and it's a free market, and there's no such behind the scenes understanding!

I think there's a fair chance we get a RNS on Monday, simply because of Beaver Creek. Brad did say he wanted to get a few runs on the board in time for the conference, and I think he and the brokers/sponsors might well have timetabled a RNS for the start of the conference!

That's the downtrending channel resistance line for you!

PP - no overhead resistance on the chart! Given the chart setup, strong insti buying, upcoming newsflow and the macros, it looks a good candidate to take out its 2020 high as part of this run up.

Bid going up - what happens when TSX opens I wonder!

Doc - do you think we are headed towards the GDXJ? Worth asking the on the canadian bb about this as they probably have more insight as I think there are more Canadian/American companies in the GDXJ than elsewhere.

Looks like it might take out its 2020 high of 47p over the coming weeks and months. Definitely THE leading junior goldie on LSE. Heading towards GDXJ inclusion at this rate with large institutional buying coming into the stock. The SWC of the gold sector!

Is a thing of beauty. Looking poised to take out that 47p high from 2020!

This is a once in a lifetime coming together of the technicals, fundamentals and the macros. On the technicals, we are forming a huge Base in the form of a giant cup and handle formation - this is one of the most bullish patterns around. We are still in the Cup formation and haven't even formed the Handle part, which is usually where you breakout from.

Now once you breakout, ideally you want a pattern that has no overhead resistance. This gives the share price a clear path to just accelerate upwards. Now if you take a look at our chart, we don't have any overhead resistance because price has not traded at these levels in the last 2 years (2 years is a good lookback period for resistance). In fact, price has not traded at these levels since 2021. So there won't be many sellers left from that time - if any!

So on a technical level, we are setup beautifully for a big move up. 🚀🚀🚀

Also, just look at the friggin chart and tell me if you see any overhead resistance? There isn't any because the last time we were at these prices was 2021. So it's just pure blue sky upside from here where the share price has no resistance in its path and can just climb as high as the newsflow merits and the buying power coming into the stock dictates.

Vicjain - the instis (smart money) are hoovering up whatever retail (dumb money) are willing to give them. Why anyone would let go at 20p with all the newsflow coming up here and in the midst of another run up in gold is beyond me. If instis are hoovering up at 20p, then we are clearly at the START of a BIG move up, not the end. Instis aint stupid and don't buy at 20p if they can't see multibagger potential for themselves.

Selling out now is an act of self sabotage/harm. You might as well gouge your own eyes out so you don't have to watch the share price leave your 20p exit in the dust!

It would NOT surprise me at all if we hit this next level today - the volume is very strong and its clear that a big move up is being anticipated following Beaver Creek. Is there a RNS about to drop on Monday?

Would not surprise me to switch off for the rest of the day and come back and see this hurtling towards 30p.

There's strong interest in OMI's projects - institutions know this and are getting in ahead of a mega re-rate.

21p was meant to be a key level, this is going through it like a knife through butter. Surely we are not going to witness 2020 all over again?

Those that just know are getting in before Beaver Creek. We're all gonna have to pay a lot more from next week!

Close to breaking out folks from a multi year downtrending channel. Could this be "THE" breakout that finally starts an uptrend? Q4 tends to be the seasonally strongest period of the year in the market and so a good time to be releasing your major inflection point newsflow such as the JORC and the DFS. In that sense, the delay in getting to these milestone points might actually work out in our favour.