Member Info for MisterPositive

Why don't you stick around and find out till next RNS. How about another Gold major also looking at Anza ? Coz that is exactly what Maxit Capital did with Solgold when they lined up BHP. That would lock many out completely.

Momentum between now and Dec feasibility should take it back above 10-12 range imo. Dec could see some significant gains. Gradual rise from here on and fence sitters would also jump in for fear of missing out on the gains. Some will still be left waiting & waiting. Each to their own I guess.

within striking distance.

Not sure why would you be selling here.....

Yelacoirii Lot of folks get wrong footed....I have missed myself on lower quotes and not pressed Buy button, only to see this bugger jump in a flash.....then end up buying less shares at higher price for same £££......LoL

SL, That's true. Many savvy investors know value of these shares is Multiples. That makes free Float lot less than 100m. Took lot of effort and patience to build a decent Holding at a good price.

You know how quick this moves. That is what only 100m free Float does. MMs will try to grab shares wherever they can to meet Buy orders. They do not have much stock.

Is a major value driver for ANZA. Buritica Feasibilty put NPV $860m at 1200 gold price, which jumps to over $1B at 1300 gold. Buritica is just 50km away from Anza. Newmont used their Feasibilty before paying C$4/share for getting Equity in Continental. Majors are now paying healthy premium to snap up High grade Gold deposits to replace their declining production. Cheaper and quicker for these Multi-Billion $$$ MCap gold majors to buy Out than explore from scratch.

At much Higher price. Your shares are worth hellll of a lot more. I got my 500k locked in at 25p-30p range with sell limit orders a month from now. Will revise accordingly as this story unfolds. Do not want MMs to lend any of my shares. Suggest other serious investors do the same. Make them pay fair price for your shares and not steal them on the cheap.

Both have holdings in OMI, with Newmont also holding 19.9% in Continental. Have a strong feeling one of the parties in discussion with OMI to take further Equity stake was Continental who got trumped by Newmont who offered a bigger premium. Just my own guess. Coz Continental already has seen such robust economics from Buritica. AISC of $492/oz is in the lowest quartile and could go down further due to the high Gold grades. Anza being on same rich Gold belt should display very similar project economics being just 50km away. Very much looking forward to Dec feasibility report for ANZA. In the meantime, this for me is: Buy, Accumulate & Hold.

Waymar at the time did not have funds to advance Anza and Orosur cashed in on the opportunity. Newmont also took advantage to get into Anza but were restricted to only 19.9% as value at Anza is many Multiples. All should reveal in time.

Chicken, Orosur bought Anza from Waymar in an all share deal during the gold bear market at the time. Probably one of their best investment decision.

Was doing some research and just found out that ANZA was originally owned jointly by Continental Gold along with other Vendors. Waymar Resources bought ANZA from them back in 2010 and commenced drilling, finding High grade Gold in VMS style mineralisation. Orosur then bought ANZA from Waymar Resources back in 2014. Wonder if Continental Gold was among those interested parties looking to get back in ANZA before getting trumped by Newmont who paid the highest premium at the time. Continental Gold's Buritica is just 50km from ANZA on the same rich Gold belt....who knows if they are both connected and part of one giant mega gold deposit. This story could get very interesting in coming months but I still think this is a done deal....,Newmont going to take over both Continental Gold and Orosur in next 12 months.

so far we just been looking at the massive High Gold grades.

Just browsed through Sep presentation and notice some ''out of the park'' SILVER high grades also.

13.3m @ 316.25 g/t
4.5m @ 768.89 g/t

These are just amazing.

Silver credits make the Project economics even more attractive. e.g. Buritica 2016 Feasibility report showed the following as: :

3.7 Moz GOLD and 10.7 Moz SILVER.....as Mineral RESERVE.

Mineral RESOURCE of 9.51 Moz was NOT included in the NPV $860m.

off course mate........while we waiting for News.

Just for you.....Gold Dec Futures....now at $1236

LoL

Silver now Up +3% Gold Up +1.51%

SoulDoubt, You asking somebody who has a short position?

LoL...all getting in queue

finally.....could only get 16,000 @ 5.86p

did not expect this at all.

that is crazy......just wanted a small Top Up.....LoL

for even £250 ?.....on Barclays.

Anyone else having issues buying any Qty?