RE: RE: Deal or no deal24 Aug 2024 10:16
John. I am here for more than 10pc. I have done plenty research here. Calm,cool and collected. Have been building a large holding, accumulating and have a nice average over a number of years.
I didn't buy at 20p and blame the world for moving on while I sat on the sidelines bitter and not doing anything about it. By your own metrics you might as well use Orosur as a tax right off. Makes no sense to come on and whine.
I looked up my good friend breaktwister who has apparently filter me. For context, they were a 1 post in 5 day poster over the last 5 plus years....They have now become a frenzied 2 post a day poster in the last 30 days. Quite the uptick.....
But only a mere few months ago was stating Orosur would have an mcap of $500m. They have lost their cool.
My average could be a little better, but as always timing can be difficult, with missed timelines an obvious issue that is a recurrent theme here at Orosur.
Added substantially at that 3.8 zone just a few short weeks ago, and added a week and a half ago at 2.7 to 2.8 zone, you don't see me rumbling on complaining. I'll be adding next week again.
Should be no fear adding in this zone at 5m mcap as a good risk/ reward area. Surprised more traders haven't jumped at this, though historically slow months for mining and cost of living/ indecision always plays it's part in volume. I do see that buys have went through as sells.
It is no surprise canny operators such as Seingred, Bhargav, Legal etc are being negative here while also buying. Highlighting risks as they should do, but they also know this is primed to pop at some point; So they persist.
The lower your average the better right?
Researched enough about Anza to know that it is a really exciting opportunity. It does have the potential to be a district in the future. I also possess copies of the technical, legal and economic reports for a couple of the outstanding licence areas, whilst having a deeper knowledge of when the granted titles run out.
I know how close it came to getting a couple of outstanding licences actioned in September 2022. It was ANM (not MMA) who pulled the plug on this. Petro eh? Things like this have largely subsided now and Colombia is moving.
Anyhow it's irrelevant, perhaps a reason that the majors decided that Colombia wasn't for them in the end, along with the fact that huge mergers took place.
I can think of a few companies that would be interested in a project such as this.
I have a catalogue full of drill results from previous drill campaigns and the thousands of metres already drilled over 3 areas of the land package. I have a fair idea of how much has been spent on Anza in total.
So to be getting it back in some guise is a real coup for Orosur.
There are a lot of questions that remain unanswered currently, but there is no point in being loaded and so emotionally invested, if it causes so much anxiety and hurt when the share price moves a few percent. That's gambl