Member Info for MisterPositive

KB007, Wow....3.8m holding.....Respect. At 26.5p you will be a Millionaire. I will need it to be at £2.00 for my small 500k holding. Who needs Lotto...when you got a massive jewel in the portfolio.

Gold on the move as US Dollar sags after dovish Fed comments.

KB007, Probably one of the best buys at just the right time. Well done. I have not sold a single share, coz major re-rate coming here in 2019. Anza gold deposit is over a $1 Billion asset in my opinion. Will find out in due course. Goldman Sachs and other analysts forecast a good run up in Gold in 2019. Key is to position early.

Should have closed above 6p. Will be trading in a much higher range soon after Uruguay is sorted. In the meantime MMs do not have a clue how to value this. Maiden resource would be a good start, hopefully after Uruguay update. Don't want to see any overhang which is what has held the price back so far. Happy to wait another 2 weeks.

I am waiting to find out how deep this Gold deposit is...already mineralisation reached 400 metres depth and still OPEN. Continuous mineralisation along 2.5km strike and also OPEN. Agree. Uruguay should be sorted in Dec. Will find out in about 2 weeks. Has held price back so far. Then NO more overhang. Newmont effect is clearly NOT reflected in the £9m MCap.....just insane.

If I remember correctly, they got 2 gypsum mines already operating underground at Anza and a plant also. Employment is all local residents. May be others can confirm. Waymar Resources made the high Grade Gold discovery at APTA at much later stage. So OMI got the benefit of both Waymar discoveries & their own Gold discoveries. Which is why they declared APTA a discovery which covers only 10% of the total land area at Anza. Much more drilling to come soon.

Fully funded by Newmont. $2m cash came in Sep. Another $2m cash to come within Phase1. Newmont spending commitment $30m to develop Anza, unless bought before. No spend on Uruguay as it's on hold. Will get sorted out very soon.

AISC costs at Buritica just 50km away with similar terrain is $492/oz. That is among the lowest quartile. Hence Newmont grabbing as many deposits on that highly rich Mid-cauca belt. Even at $1000 Gold price project NPV is over $500m. Anza depicts similar profile, and could be even better as Gold mineralisation is still increasing beyond 400 metres depth. Will find out soon as Newmont resume drilling at Anza.

Yuri, That is what you get with only c.100m shares in free Float. Once Uruguay out of the way, and Maiden mineral resource comes in, watch this go....£40m MCap straight up and no looking back. Newmont will take over the drilling proceedings. Only 10% Anza high grade Gold deposit drilled to date. Much bigger Gold prospective targets yet to be drilled including the much bigger 'La Cejita' with over 6 Sq.km Gold anomaly. That target alone is truly massive.

Uruguay about to get sorted one way or another. MCap otherwise would have been closer to £30-40m (20-25p) after Newmont. Market re-rates on future events, just like it held back the re-rate here on Uruguay issues. Only c.100m shares in free Float. Re-rate here could be very fast.

Uruguay has been the main drag and suppressed price since Newmont came on board. You could be right about Newmont pushing the buttons in the backgroubd and want this sorted amicably as they own effectively over 20% of OMI. Also clears way for an early Newmont offer.

About time company takes the Bull by the horn. Get Uruguay sorted and watch this storm ahead.

CIBC now 2nd largest shareholder with 9% behind Newmont 19.4%.

Discredit you? WTF.....by saying...'can see chicken nugget is providing the entertainment' Are you for real...

Yeah, and that one Gold deposit that you say OMI got spans over 207 sq.km High grade Gold mineralisation spans across 2.5km along strike & 400 metres deep already with average grade 10.4 g/t from just 1 zone which covers only 10% of total area at ANZA. Mineralisation still open in ALL directions. Would be nice to be sitting on a Gold mountain in the middle of Colombian forest (as you put it).

Also selling off Uruguay assets would put OMI in a strong position and not let any other major take 20% or more stake on the cheap......Newmont took advantage and seized the opportunity...fair play to them.

Bhargav, Thanks for the update. Few key points: 1) Glad the CEO and Chairman realise the drag Uruguay has had on OMI share price with Newmont on board totally overshadowed any re-rate that should have happened. Good to know CEO heading to Uruguay to sort it out once & for all. Do not want ANY overhang from excess baggage at Uruguay going forward. Sell the assets and close that chapter. Anza is the jewel here. 2) Maiden Resource estimate was planned for end of 2017...been delayed by a year, partly I guess with Newmont getting involved in July 2018 and then Sep. Yes it is a formality to file Technical Report on TSX but this is more than just a Technical report especially when there is considerable change in 'mineral resource' estimate as it has since OMI bought Anza from Waymar. Last Technical report on Anza was back in 2010 when Waymar Resources had just started drilling Anza with no resource to report at the time. 3) Why has there been no TR-1 for CIBC Mellon Holding above 9% and State Street suddenly sitting at 4% ? No CEO would give you inside info, if there was a potential Take Over / Buy Out looming in coming months....they would get into trouble. CEO is ex Ernst & Young guy and knows the fine line between what he can say and cannot say. Time to get Street smart and read between the lines. Major change in Top 5 shareholders is the biggest clue. CIBC and State Street would not have acquired 9% and 4% Holding respectively here. Newmont would fast track drilling this soon after 'Maiden resource' estimate comes out in my view. It is also a requirement of NI 43-101 to report mineral resource estimate once enough drilling has been done. There will be multiple mineral resource estimates in coming months & years as drilling programme gets underway.

SL,

Agree.....Take Over sooner than later i think....

Also explains Directors taking +20% remuneration in SHARES in lieu of salaries.

Bigger Boys just showed up in the Top 5 shareholders list...... (Last Updated 23 Nov 2018)

NEWMONT
CIBC MELLON
CONTINENTAL
STATE STREET

Webbs,

WOW....change in the Top 5...

there are more BIG BOYS on board....could explain why price been kept in a range for past 2 months.

They been accumulating Big Time.....this is MASSIVE.....they all want a piece of this.

When the feckk did CIBC Mellon acquire +9% Holding in OMI?

Same for STATE STREET now sitting on +4% out of no where?

http://www.orosur.ca/investor-center/shareholder-information

http://www.orosur.ca/files/2018-10-23-2018-OMI-Management-Info-Circ-FINAL.pdf

NOTE: Total 33 pages circular.....but in summary....key business conducted was as below:

TO THE SHAREHOLDERS:

TAKE NOTICE that an Annual General Meeting (the “Meeting”) of the Shareholders of Orosur Mining Inc.
(the “Corporation” or “Orosur”) will be held at the Offices of Cantor Fitzgerald Europe, One Churchill Place,
Canary Wharf, London, England, E14 5RB on November 27, 2018 at the hour of 4:00 p.m. GMT for the
following purposes:

1. to receive and consider the audited financial statements for the year ended May 31, 2018 and the report of
the auditors thereon;

2. to fix the board of directors of the Corporation at four (4) members;

3. to elect directors of the Corporation for the ensuing year;

4. to appoint the auditors of the Corporation for the ensuing year and, to authorize the board of directors to fix
the auditors’ remuneration; and

5. to transact any such other business as may properly be brought before the Meeting or any adjournment
thereof.

Shareholders who are unable to attend the Meeting in person are requested to date and sign the enclosed form of
Instrument of Proxy and return it in the envelope provided for that purpose or if you received a machine-readable
voting instruction form, please follow the voting instructions specified in the voting instruction form.

DATED this 23rd day of October, 2018.
SIGNED....BY CHAIRMAN