Member Info for MisterPositive

Well they got 275 metres with high grades.
APTA and Charrascalla both seems connected at mid point forming a potentially large deposit.

They not even tapped into the much much bigger Mineralisation zone at 'La Ceija' target. That alone would be a massive deposit in it's own right.

With Gold expected to make a move higher next year towards $2900, that would significantly DOUBLE profits with AISC of $800 per ounce for ALL shareholders.

In my view this is a must stock for any portfolio for 2021 and beyond.

Kumar
So busy these days, that I can hardly keep up with the LSE BB chat....no not a member of the telegram group. One chat board is more than enough for me.

Yes, those high Gold grades from previous drilling round are just out of the park kind of grades. More to come.

Eldorado.
Great post Sir. I think you pretty much spot on.

We could hit 30p on Monday

Defo news next week.

This will open higher Monday.

MNN,
Agree. Mcap here is peanuts Vs GGP who's MCAP only came to life once NewCrest entered the picture and on the back of drilling results.

Even in Jan 2020, GGP Mcap was only c £76m

OMI is half of where GGP Mcap was in Jan 2020.
50p here is nailed on in coming days n weeks.

Gold is the only thing that will shine through.

The US debt is a mess, about to get worse with more QE infinity coming. Ccy devaluation is on...negative real rates globally.

Gold is just getting ready for a MAJOR move to the Upside. Make no mistake about it. Paper ccy are becoming even more worthless. The banks dirty tricks cannot carry on for long.

Re-test of +46p is on without any doubt in my view.

Agree with others views also in respect of 75p- 100p

£100m Mcap......first target which is +61p.

Could the next RNS take us straight to results if Drilling already started in early Nov ?

Just saying...

could happen here sooner than later in my opinion.

Newmont bought Canadian junior Miramar Mining for C$1.4 Billion just 2 years after doing almost same 4 year deal they done with OMI.

NEWMONT originally got into Miramar Mining with their 19.9% equity at the start with the option to increase and then just after 2 years into the deal paid C$6.25 a share to takeover Miramar mining.

We already know the mega high grades from previous drilling at ANZA which is what attracted NEWMONT in the first place.

Join the dots....No brainer.

Tymers,
Good for you. In my view far too many folks seem to be obsessed with GGP already close to £1bn Market Cap.

OMI will soon be the new leader amongst the small Gold explorers with the benefit of not 1 but 2 World class names like NEWMONT and AGNICO.

For me relative UPSIDE at OMI is far far greater than GGP entry at current price. Lions gains on GGP already been made in my opinion. I always look at the Market Cap.

OMI would reach £1bn MCAP in future years given the size of the ANZA Gold deposit with Newmont & Agnico at the top. Buritica sale to Chinese Zijing @ $5.50 a share would be the benchmark TAKEOVER price for OMI shareholders.

IMHO.

Don't feel ashamed mate.

I learnt the hard way. Missed the first leg up and waited n waited. Boy did I get that one wrong.

Bought back in at 30p and averaged down. Not happy with my own stupidity, but hey rather be in when this goes over £1.00

Might see 52p as the new 52 week high....LoL

just for starters en route to £1.00 in coming weeks and months

Sir one of the high grades Depth goes to 275 metres.

That is a lot of Gold at high grade.

Newmonts and Barricks of the world hunt for exactly these kind of high grade large Gold deposits.

This will hit 50p after taking out previous 52 week High 46p

and still be only £80m Mcap...not even £100m

DOUBLE your money here in quick order.

If you wait, then you might see price run away higher.

Lot of catching up to do.

219 g/t
176 g/t
72.3 g/t
70.99 g/t
58.03 g/t
45.62 g/t
40.37 g/t
40.25 g/t
29.49 g/t
20.89 g/t

Not seen something like these in a VERY long time.

MFU
They can bring in rigs anytime and as many as they want once they get going. Will simply depend on Drill area and whether they will start with APTA or Charascalla or both simultaneously. Drill plans should come in the same...Drilling started RNS. Let's wait and see.

Tomorrow or Monday RNS in my view. News imminent

MFU
I was watching live GGP prices at the time and when it flashed 29p....GGP MCAP was at £1.1 Billion at the time.

At OMI with only 163m shares which is 20x less than GGP, move Upwards here are very very pronounced and fast. We cannot even get decent Qty to Buy as price quote keeps ticking upwards when Volumes and demand kick in.

Ignore the Bid / Ask spread. That will narrow and get adjusted accordingly.

Only bought 10k shares at 21p....wanted same again and it jumped to 21.75.....

Imagine the speed with which this will Motor ahead when volume kicks in when Drill results RNS....star coming in