Member Info for MisterPositive

If GGP can move from 2p in Jan 2020 (Mcap £76m) to:

29p (Mcap £1B) in just 9 months with just 1 major as NewCrest....

Then OMI can surely match or Exceed GGP share performance if ANZA Gold deposit turns to be same as Buritica +11m Gold ounces right on our doorstep, given that ANZA seems to be extension of same Gold rich geology and OMI got not 1 but 2 GOLD Majors best in the industry doing all the drilling for us.

Wish I had plenty more funds to go ALL IN here at current low price.

Citibank Gold forecast for 2021 is $2500

Just a consolidation going on with Gold after hitting $2073.
Same for OMI - share price consolidated nicely and about to commence next move UP.

Well if drilling has already started with 2nd rig arriving also soon....that would catch out lot of fence sitters.

Lows were yesterday. If folks missed it then tough...market does not wait for anyone. You just get in at the next best price available like today....or you would totally miss out on 100% gains coming here soon.

Even @ 60p Mcap would be only £ 100m

GGP Mcap today circa £900m

Yep. Fully funded and paid for by NEWMONT and AGNICO

NO DLUTION here. Awesome.

Circa 60% drop.......from 46p

Bottom reached.

Good to get that out of the way, to get a proper Re-rate started here. 46p re-test should happen in coming weeks with imminent drilling.

Gold also tested support and bouncing higher now.
We all know Gold forecasts for 2021 are well over $2000

coz they always hunt them down.

I locked my shares with HIGH limit orders from 50p to £1

Or maybe they cannot decide which hole to drill first as there is Gold everywhere....LoL

May be OMI waiting for NEWMONT to update them as they will be running the daily Operations from here onwards.

Weather is dry with 27 degrees high this week in Antioquia (Medellin). So things should be up and running now even if they had storm 7-10 days ago.

Webb's...what Top up ?

You not even got any shares here ?....LoL

you sold and looking to buy back lower and look bit worried, it might go back up sooner.

Both SOLG and GGP hit over £1 BILLION Mcap at peak.
Both on the back of good drilling results over time.

If OMI hits £1 Billion MCAP that would be £6.00 / share

£1B / 163m shares = £6.13

If you use 200m shares in issue, then its £5.00 / share.

Continental Gold which owns the 11m Gold ounces (and increasing) was sold for C$5.50 / share recently.

OMI looks set to truly MULTI-BAG...20 -30 times over time.IMO.

Gold is back up.

Expected lot higher in 2021.

Vaccine euphoria seems bit premature. Lot of testing needs to be done. Govts globally would need to print lot of money to support their economies.

Last time I checked 4.8m homes in the US are at risk of foreclosure. Unemployment rates creeping higher. Lot of folks losing jobs and homes sadly. They cannot even afford to raise interest rates, already at 0% with real rates being negative.

New super cycle in play.

More stimulus, more currency devaluation.

I think NEWMONT and AGNICO both know it and want to cash in the next 10 year Gold cycle.

In my view with AISC estimated to be around $600-$800 range, ANZA could turn out to be hugely profitable for all here.

430,000 is too big Qty sir to get a quote.

Try with 40k -50k

Normally we cannot even get quote for 10k shares. Been very hard to accumulate in small chunks over last 3 weeks. So defo not throwing away these already at the lows. If they need any off me, then got to be £1.00 minimum.

Not looking for pennies here n there...£££s please.

Flat close today will be nice after all that fishing round trip today....crazy.

MMs probably hitting stop losses !

I put limit orders at 50p and higher.

Could close flat today....back to 22.5
Before next leg UP starts.

I've sold others to add here.

Just look at the crazy low MCAP here vs GGP.

With only about 160m shares in issue Vs close to 4bn at GGP. No wonder this moves fast. Unfortunately things overshoot mostly. Been flashing OVERSOLD for past few days. Some still on the fence will certainly miss out when this starts moving without warning.

Agree. Limited downside but MASSIVE UPSIDE. Bottom on this leg was put in today in my view. So get ready folks for fireworks over the coming weeks starting today.

GLA. ATB

I think as vaccine recovery trade.

Rotation is happening now. Still very cheap.

Vicjain.
I know you and Bhargav held your nerves longer than myself. I had to buy back higher due to my own frustration.
Guess that is the price we all pay and got to live with that