Member Info for Mambamentality

Market makers trying to collect shares from people happy to take a quick profit. This just broke the 20 and 50 day moving average. Looking for 19p next.

Unable to buy in HL.

solid RNS with multiple high grade gold intersections. Good to see some decent Silver and Zinc grades too. Every little helps.

It seems Brad will be in a good mood for the Webinar:
Orosur CEO Brad George commented: “While a long time coming, these drill results are spectacular and give us great comfort that Anzá has the potential to be a major gold system.Further assays are expected in due course. We are now directing our teams to identifying the next drill targets – work that has so far shown great promise.

Regional work: Anza potentially got much bigger: "with two new prospect areas being identified and named for future reference – Pupino and Pepas".

Further news to follow shortly as a stream of sediment samples have been sent to commercial laboratories for analysis, while BLEG samples, requiring more specialised assay and analysis, have been sent to Newmont’s in-house laboratory in Denver, Colorado for analysis.

Looking forward to the webinar.

I guess we should get shortly a confirmation that the recruitment process for the CimetrA™ Phase III clinical study is closed and the trials starting. As we receive data one would expect the share price to react positively. It seems like cannabis' stocks are getting a second breath after the sell off. I topped up today.

Looking forward to the webinar. Brad must have plenty of information to provide which does not require an RNS. Looking forward to hearing what he has to say about whether they will continue drilling at APTA or move to a new target. It would be good to know what they are doing with conversion of licenses to granted tenements for La Cejita and the negotiation of access rights from Guaimarala. I have been following on twitter the president of the National Minerals agency from Colombia and I am aware that they are very interested in promoting the mining sector in order to help the economy recover following the pandemic. Also the current governor of Antioquia is pro mining thus, it would be expected some progress in that respect.

As GGP and other gold explorers, OMI has lost more than 50% from the all time high. It is a good opportunity to add or take a positions at this price. If it keeps going down I will keep buying. The story for OMI has not changed, if something has been confirmed by drilling results and the confidence of the JV partners to continue adding drills and expanding the drilling campaign. Although sentiment does not look positive at the moment, that can change in a couple of trading days while the fundamentals cannot.

Looking very promising.
"Two further benefits will be to both add more tonnes into the overall JORC Resource and increase the overall grade of the JORC Resource by bringing in the Camp Lode deposit for the first time".

It seems investors are realising that the Directors still need to pay for the warrants if they want to exercise them. It is not free shares as some people believed.

The company currently has five diamond drill rigs operating at the APTA prospect, with close to 6,000m having been completed since November 2020 across 18 holes, both completed and underway. Historical drilling: 17,408m of core drilling undertaken (53 holes) since first optioning the Project.

Thus, with over 23,500m of core drilling completed, I think we have a good idea of the potential of APTA.

With Cryptocurrencies entering a bear market, hopefully we see investors coming back to invest in gold.

Bought some more this morning. In the Sunday Roast it was discussed why the share price here is undervalued.

And Zak Mir wrote: CBD specialist Love Hemp (LIFE) provided a whole new meaning to the “float like a butterfly, sting like a bee” by signing up one of Mohammed Ali’s successors in two-time Heavyweight Champion of the World and Olympic gold medallist, Anthony Joshua OBE. The CBD and hemp supplier said the Endorsement Agreement commences 1 July 2021 and has an initial contract term of three years. Under the Agreement, Anthony Joshua is committed to becoming an ambassador of the Love Hemp brand, with the two set to collaborate on a licenced range of CBD products for athletes. Perhaps the icing on the cake is that Mr Joshua will become a key shareholder of Love Hemp via his management company, 258 MGT Limited, through the issuance of shares in lieu of cash compensation.

Agree that a move to the main market would make the share price here explode as the company already have a good working model and it is miles away from new companies such as Cellular goods.

https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-sunday-roast-june-20-featuring-dukemount-capital-24b6aa7/

Results are not only from the lab in Peru.

We could receive news in relation to the conversion of licenses to granted tenements for La Cejita y the negotiation of access rights from Guaimarala.

They have done and currently Regional field work is underway in search for new drill targets.

I have done recently some shopping but ready to double my investment if necessary.

The company is trying to become profitable from a loss making position. It is not going to happen with one project. The update yesterday was the beginning of what the company has planned for 2021 and the acceleration of that vision. The RSI is entering oversold territory thus I may buy more if it falls further rather than selling. Looking forward to the update from Croatia.

There is not indication that the Peruvian Laboratory has stopped working just that there are further delays as a consequence of the gas shortage. I am expecting at least a couple of holes to be reported before the webinar.

Brad is a bit quiet when it comes to provide interviews and issue RNS. I just can imagine what would be the case if our CEO was Collin Bird the CEO of Xtract resources. We would have received an RNS as each holes progresses. It is good in the short term to boost the share price but in the end what it is important is what is in the ground. That may be another problem with Thor mining.

Few companies under 30 million market cap have a project such as ANZA even if they have better communications and are in better jurisdictions such as Australia. This project just needs time. If only APTA contains between 1.6 M - 2.3 M tonnes averaging between 3.2 - 3.7g/t Au I guess we can agree that a 27 Million market cap is at a discount.

Taken from Asktraders
"From a technical perspective, EQTEC’s shares are trading at a support level that has been in place since December 2020, and bullish traders may find the current prices very attractive.

The company’s fundamentals are pretty bullish given that it expects to generate revenues of up to £15 million this year".

https://www.asktraders.com/analysis/eqtec-shares-edge-higher-after-securing-funding-for-its-italia-mdc-plant-from-its-partners/

In a positive note the protests in Colombia are suspended. BOGOTA, June 15 (Reuters) - Colombian protest leaders on Tuesday said their organizations would suspend anti-government demonstrations which have caused political and economic upheaval during the last six weeks, but warned their fight for solutions to a range of social and economic demands would continue.

I would expect results to be delivered before the Webinar on 6 July.

Let's not forget that based on the information obtained from the historical drilling, a geological estimate of an exploratory gold potential of a portion of the APTA was prepared with the assistance of Mine Development Associates (“MDA”) of Reno, Nevada. The resulting potential ranges between 1.6 M - 2.3 M tonnes averaging between 3.2 - 3.7g/t Au. This estimate was expected to grow with the current exploration. As we know from the last RNS Historical data assessed against NI43-101 for future resource modelling was found to be of good quality. The current drilling campaign has been successful and one would expect that the estimate has been corroborated or even better expanded.

I believe that if OMI and the JV partners decide to stop drilling at APTA, there is an extensive area of more than 100 km² open to exploration. Charrascala and Guaimarala are two of the most highly promising additional gold targets. At Charrascala, there are existing outcrops with gold and copper mineralization. Previous exploration at Charrascala found the presence of strong gold anomalies - with highlight results included 3.43 grams per tonne gold and 30 grams per tonne silver over 1.5 metres. Additionally, they identified an important exploration target in the south of Charrascala and it will be a priority for follow up drilling.

However, I guess most investors are waiting for OMI to start drilling at Guaimarala which has the best geochemistry but they were in the process of negotiating access rights.

Not long before we start moving north with results in different fronts and the Webinar.

Completely agree with that "you can fix communications but you can't fix what's in the ground". That is why when comparing other companies in the 20 - 30 million market cap, it is difficult to find a company which has achieved the results we have ie. have the potential Orosur have. Having the economical backing and the expertise of two of the major producers of gold in the world set us apart from the rest.

DrRemington the fact that Agnico takes over the drilling would be worth it of an RNS. We know that they are the most qualified to progress drilling at polymetallic, gold rich, VMS deposit. Agnico Eagle’s own flagship VMS mine, the LaRonde Complex, (‘LaRonde’) which is located in the Abitibi region of north-western Quebec. The experience Agnico gained from working with such mineralisation is now providing Orosur with important guidance regarding next steps to be taken. Brad is a bit shy with issuing RNS. By instance we did not know about the addition of a 5th rig.

I agree that we are de-risked to some extent and in more a more favourably position to other junior miners given that we should not see this year another placing and the JV partners should continue to fund the drilling at APTA and the other targets.

I find it really unlikely that the JV partners could decide to stop drilling following the conclusion of data from APTA. We know APTA was not the best target but because of permits and accessibility it was chosen first. The picture from the initial 2,300m drill program with two rigs to the current almost 10,000m drilling program with five rigs does not suggest JV partners who are not happy with what they are finding.

Just a reminder to new and potential investors:

APTA was drilled first due to workings and mining permit.
• Aragon Fault is the primary structure
• Positive drilling west at Charrascala
• Best geochemistry at Guaimarala – but not
yet drilled (planned early 2021)
• Excellent geochemistry at Jesuitas but
cannot drill until its secure applications are
converted to granted licenses (planned
2021)
• La Cejita – massive geochemical anomaly,
untouched until applications are converted
to granted status (2021)

We know that the licence and application package at Anzá contains over 20km of strike of the Aragon Fault, which is thought to control mineralisation at APTA, and potentially a similar strike length of the N-S Tocuman Fault that may be the primary conduit from the La Cejita intrusive complex to the north of APTA. However, almost all exploration work undertaken thus far by the Company and previous operators has been focussed on roughly 500m strike at the APTA prospect with some minor work at Charrascala. Much of the remainder of the licence package remains essentially untouched. Thus, clearly there is plenty to be done here and finding a project of the same quality is not going to be easy.

However, we have seen re-rates in share prices in other companies following the purchase of projects which may or may not live to the expectation. Look at Xtract resources, Wishbone gold and Pantera resources.

At the moment, it is fair to say that given that Orosur are still in charge of the drilling assisted by the JV partners it may be justifiable for Brad to not have obtained other projects however that should change if the JV partners take control in the next couple of months.

With at least 7 holes to be reported and looking at the previous results it is more likely results will be good or excellent than bad. It could be argued that given that the drilling to be reported has been more targeted than the first drilling results should be actually better.

I hope we get another intersections such as:
15 m of 40 g/t Au (DDH MAP-48)
41 m of 14 g/t Au (DDH MAP-38).
23.75m @ 17.40g/t Au (including 0.4m @ 948g/t Au)
70.50m @ 3.53g/t Au

Got another 5K.

We are officially oversold in the day chart with an RSI of 27. The last time we were oversold was the 20 March 2020 which shows that this is a rare opportunity not to sell your shares but to buy or hold. If something I will not do is to sell a stock once it enters oversold territory. Specially when the decline in share price is not due to a drastic change in the fundamentals of the company.

Stocks supported by strong fundamentals shall come back to fair value which in my opinion at this point should be 30p-40p. Thus, a pretty good profit to be made if we recover to those levels. This is a stock which has lost value not based on bad news but maybe not as good news as people were expecting and low volumes.

However, to go below the placing price and noting that all previous drilling was of a high standard, and that with some minor modifications would be amenable to be included in a resource estimate in future when that is warranted, means to me that all the fuss about APTA is justified and that the resource continues to expand as the drilling continues.

Visually, results continue to appear positive and although we do not know when results are going to be released one would expect it to be in the short term and to continue expanding the resource.

I have not seen many companies reporting the results which we have received here which shows how rare is ANZA. Sooner or later we should see a relief rally specially if we receive good news in any of the fronts (concessions, drilling, new acquisitions).

It looks to me that it is time for Brad George to start using all his expertise in the mining world to purchase other projects given the amount of money the company holds. It cannot continue to be an excuse not being able to travel given that other companies continue to purchase new projects while we are still waiting news in that front. Hopefully, the JV partners take over the project following the analysis of data from the current drilling campaign. That surely shall boost the share price.

The results may not look impressive at first but when looking at a market cap of 12 Million they become much better. I took a position this morning.