Member Info for MisterPositive

We might get Newmont 2019 Anza drilling plans and details in the same OR separate RNS.

Maiden resource Update for Anza is due.

Nice one Spike912. Things look to be on track then. Anza resource Update RNS could come anytime. I have not received a reply, but yesterday RNS covered my email points which was mainly on Uruguay. Tick tock....

at its best. Time to let this go....

Predicted by many market analysts will take this towards £1.00 in next 12-18 months as more high grade drill results come in 2019.

These derampers cannot stop the rise that will come here. This price will seem bargain at start of next year.

for 3.7m oz on the same Mid-cauca rich Gold belt only 50km north of Anza. Fully expect MCap to re-rate Upwards significantly here in coming weeks/months. And arrival of more derampers along the way.

Maiden resource estimate at Anza due shortly in Dec. I will be very happy with +500koz of High grade Gold resource for a start from just APTA target which is only 10% of the total land area at Anza.

Perfect timing for Gold cycle starting upward momentum also. $1400-$1500 Gold coming in 2019. Low entry here won't last forever. Should re-rate back towards 12-13p as starters. 2nd half of Dec and Jan 2019 looking very strong for Gold price.

Yep, Feb Gold futures at $1253 now. Next stop $1275, then $1300. Major re-rate coming here soon. Current low MCap here is an absolute joke.

Note had 29-30p price target. I think we should easily surpass that in 2019. I'm in no rush and happy to wait.

Buy and Hold for much much bigger gains coming in 2019 is my stance here. Gold Up cycle in 2019 should magnify those gains.....No brainer. MCap lowest vs peers...biggest upside here in 2019 without any doubt in my mind.

Back towards 12p

Overhang removed. That's what Market wanted.

positive update from Uruguay and this would DOUBLE in a heartbeat. Drop here seems way Overdone as Market always takes the worst case scenario.

Think Degsy might have quoted 100m figure...but from the presentations, company has spent approx. $40m on the SG mine complex to date in Uruguay. Also OMI owns the 100km underexplored greenstone belt in Uruguay.

Agree, Anza looks potentially a much larger high grade Gold deposit. Mineralisation already at 400 metres depth and open along strike also. Gold intersections along the whole 7km Aragon fault suggests that there is lot of Gold in those mountains. Would be interesting to know how deep the current APTA target extends to once drilling resumes with Newmont leading the way in coming weeks/months. Buritica just 50 km north of Anza has 3.7Moz as proven already and further 4.8Moz in Inferred category. Buritica next resource update in H1 2019 should provide further validation of this very same high grade Gold rich Mid-cauca Gold belt.

Own 19.9% of OMI with first refusal and the right to increase their current Holding in OMI. For me Uruguay is still a very valuable asset, with company spending lot of cash over past 10-15 years in building the SG mine complex and having operated multiple open pit mines and 2 underground mines in Uruguay. With Govt backing and being the only gold producer in Uruguay, I can see a positive outcome next week for all stakeholders and trade creditors alike. Loryser holds the $1.9m debt of which $1.5m is I think with Santander. All parties gain from successful continuation of operations in a higher Gold price environment moving forward in 2019 and beyond. Court appointed controller has already submitted his report on possible increase in costs at SG which otherwise had been generating health c.30% gross margins for so many years. With higher Gold prices forecasted for 2019 and beyond would switch SG operations from loss to Profit even at lower grades which pushed unit costs up in the first place. They have already identified few higher grade underground deposits very close to the SG gold mine. Idea is to secure more higher grade deposits to feed the CIL plant, reducing unit costs and increasing LOM. Veta A target already has produced c.33koz of gold in the past, so no environmental issues there. All should become clear soon next week.

Off course the CEO, Chairnan and rest of senior management is going to make loads of money here. They know the massive Upside here. Why else would they substitute big portion of their salary and load up on the 11cent Stock options. Massive Upside for all holders. AIM punters want instant riches....$18 Billion MCap Newmont thinks differently and looks beyond just few months price volatility. Management wants to put OMI on firm footing for 2019 and beyond.

After a long time....hmmm