Member Info for MisterPositive

Chicken,

Wait for next RNS for details....none of us have the answers....including you.

Your notion that Newmont is looking for a quick 4 month trade is laughable.

Only you looking for a quick trade.....you obviously NOT here as "Saviour" of mankind or any concern for new investors.

They reported initial High grades (Hole 54) in just 4 weeks....more detailed assay results can come later.

But i would expect more frequent updates as they drill each hole with initial grades reported within weeks.

hopefully should soon get started at ANZA...

Orosur started their ANZA drilling campaign with Hole 54 on 12 Oct 2017.....

High grade results were reported on 14 Nov 2017......(in 4 weeks).

OMI probably did not have that many drills last year. Newmont on the other hand can have 5-7 drills on the ground.

Initial drill results could come in much sooner from 'Multiple' holes.

AIM generally is driven by News and sentiment. Give you example of Matd. who had only around 300m total shares with only around 200m odd shares in free Float. It stormed from 3 > 38p in just 10 weeks mainly on potential and hope of Farm-In partner. More than half of people jumped in just as momentum play. Do NOT be surprised if you see something similar here in coming weeks. OMI free Float is half of what Matd had at the time. So could be even better. I bought more at 8 and 9p and thought that was cheap.. Just need to look at 'Buritica' NPV $860m for proxy valuation and current gap between both MCap. Granted Anza is not as advanced as Buritica Gold deposit but gives an indication of the massive Upside at OMI. Continental MCap CAD$510m.

Gold cycle is Up. Mega mergers like Barrick/Randgold typically happen at the bottom. That was a defining moment for Gold miners. Could soon see Gold having a crack at 1240 and 1250 on route to 1300.

AIM defies all logic unfortunately. Market will eventually play catch Up...always does. Like I said 50% drop from 13p way overdone. Even at 13p our MCap would be only £20m and we got Newmont on board. Ggp got to £80-£90m MCap on hope of Newmont coming on board. How crazy is that...defies all common sense

I think they hit stop losses yesterday. I have locked my shares at much higher prices. 50% drop from 13p is way overdone. Market Overshoots in both directions. As AIM is news driven....order will be restored once we get news and normal service should resume.

So Buritica Gold deposit just got bigger. Already got +3.7 Moz at 8.4 g/t Anza looks similar or bigger and Higher grades.

Nice one. Newmont is going to buy them ALL out mate. After Peru, Newmont are now going after Colombia high grade Gold deposits.

IH, I am one of those poor punters sitting on paper loss here currently.....but not bothered with temporary drops. I am not going anywhere mate until I see £1.00 here. Not sold any, in fact bought more. Newmont due diligence before coming on board is the Biggest endorsement you can get. May be we can chat again next Oct and see where the price is, that is if OMI is not taken over before then by Newmont.

Scully,12345, Think you are needed on Bpc. Clon, Dnl...BB mate. none of your targets / predictions are anywhere near dude to what you been suggesting. So, no offence but I won't be relying on your OMI predictions/ forecasts.

AIM is news driven....simples. Charts provide little guidance. For active traders may be!!! Every now and then on AIM, you see stocks doing 70-80% rise on a given day....when charts, resistance levels all go out of the window. Unfortunately Market overshoots on both the Upside and downside. Drop from 13p clearly seems to be overdone. Newmont is 'Best in Class' Slow drift happens while you are waiting for news......not rocket science. Move back up could be equally fast n furious soon as next RNS drops in starting tomorrow.

Already dropped 50% from 13p... More likely to bounce from here than drop imo. Either way drops do not mean anything...it can get back to 13p as quickly.

Same rich Gold belt. Just look at Buritica next door just 50km away. $860m NPV for 3.7 Moz Continental MCap is over CAD$500m

So Buys on TSX are at 12.5 cents (7.45p). No wonder MMs mug some here to sell higher on TSX. Folks selling make it easy for MMs...

I have always put Anza in 10 Moz camp. Even if it is 5 Moz.....it's massive. Newmont would not be here otherwise.

Cannot Buy any decent Qty. Wait for next RNS...

This moves Up on just a few decent Buys coz of such low free Float of 100m shares only. Might not see these prices again imo.

Folks this is the impact of small Free-float of shares.....moves quick in BOTH directions.

(Low MCap + Newmont) = MULTI-BAGGER

was enough to convince me.....this looks to be SOLG MK2.

Sitting on temporary paper loss .......not bothered in the slightest.

If any stock can 10x BAG (min) in next 12 months, it is OMI in my opinion and will still be only £100m MCap.

I cannot see SOLG 10x bag to +£6.9 Billion MCap

OR

GGp to hit over £365m MCap in 12 months.

Hang in there.....you not alone.

https://www.kitco.com/news/video/show/Mines-And-Money-Toronto/2134/2018-10-15/I-Hate-This-Question-On-Gold-Says-Alain-Corbani#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMines-And-Money-Toronto

In case anybody missed it.....Have a listen....Just sit tight here for next few weeks/months.

You should have a nice BIG smile this Christmas.

https://uk.investing.com/equities/orosur-mining-inc-technical?cid=27689

It is OVERSOLD on both HOURLY and DAILY.

AND

who you calling old chap?......I am only 50 :-))