Member Info for MisterPositive

just a minute ago....

No quote for even 2000 shares......then Whoooosh

Quote 9.40 to Buy..........WTF

after Ruyi holding.

Would have thought +5p near term boost immediately after Deal is ratified.

....crazy...Ruyi paying 3.5p / share.

This should already been @ 3.50 plus.

Its done....Tomorrow EGM is just a formality imo.....

Yep.....few trades pushes the price down, like few Buys will push it back up.

Trend is Up.....just waiting for Drilling to resume.

This can Zoooommmmm HIGHER in minutes.

P.S: LSE mobile site is so bad, cannot post anything. Had to jump on the laptop to post.

Mobile service been very slow for past few days. Laptop is slightly better but still bit slow. Very frustrating.

Chickendinner, Angus - are you serious ? Angus did that 'Death spiral finance' deal with "Bergen" who got over +30m shares left still to dump on to the market. Angus got further downside to come.

1 Oct RNS:

Clear Leisure (AIM: CLP) wishes to inform its shareholders that it has issued a Conversion Notice to the holders of its €9.9m Bonds (the “Bonds”).

> A Bondholder may object to the Conversion Notice within 60 days from the issue date.

> Conversion (if any) will take place 90 days after the issue of the Conversion Notice.

From....5 Oct RNS...we know:

Only 2 Bondholders so far have accepted with face value only £65k.

There is about €9.2m Bonds worth of remaining Bondholders who either need to accept OR Reject the conversion.

....I think we got a long way to go before getting any indication of who will / will NOT accept current conversion terms.

£65k worth of Bonds conversion is NOT going to have any impact on share price TBH....and was clear from the muted reaction after 2.30 p.m. RNS on Friday that provided the much needed clarity.

To get full effect you need ALL bondholders to accept conversion terms, not just 2 Bondholders.

MCap £13m ?.....does NOT even remotely reflect the fact NEWMONT is on board and fully funding to production.

SOLG Mcap reached many multiples of OMI, soon after NewCrest took initial 10% equity stake there.

MCap at this stage should have been c.£30m (minimum) imo.

APTA is a Discovery....

with continuous "High grade" gold mineralisation along 1.5km strike length x 400m Depth.

AND

Open at depth and ALL directions.

As per Newmont own comments at the time of the deal, they reserve the right to INCREASE their holding.

> Do folks expect Newmont to increase their current 19.9% Equity stake in OMI to 51% or higher at a PREMIUM during next phase of drilling mainly to gain control of OMI before another Gold major comes in ?

If next set grades either Match OR Exceed current high gold grades, then Newmont would want to secure their control of OMI much sooner to eliminate the threat of their rivals stealing ANZA through a HIGHER Premium offer for 100% of OMI, in my opinion.

Just a thought...

It's a win win for both Newmont and OMI. * Gold cycle on the Up ($1700 forecast next year by JP Morgan). * Gold Majors hungry for High grade Gold deposits. * OMI fully funded by Newmont to production. * APTA has been declared a Discovery. As Newmont drill through rest of the 90% Anza gold deposit, value of Gold oz goes up with each additional batch of drill results. Newmont can always make a Cash offer to buy Out Orosur Mining for a knock out price that is too good for BOD to decline. Other Big Gold Majors can also take 20% Equity stake in Orosur as further drill results start coming in. Orosur also have 100% of Uruguay gold mine. With extra cash they can restore San Gregorio gold mine back to its glory by tapping new Ore underground with source deposits already identified. * Warrants @ 20.4p should bring in another $1.7m cash. * only 100m shares in free Float. This is a 10x Bagger minimum. IMO. *

Silverlight. Agree 100%. Very well said.

Fundy in Las Vegas...eh. ...probably putting few quid on black(gold).....just in case WH-1 runs its full course.

Very interesting indeed. Think next 3-6 months of drilling would give Newmont pretty good idea of the potential resource size and massive potential of Anza before they strike an offer.

BTW Cantor 44p price target was from 2017.

Yep. Until July 2018, they been producing c.30,000 oz of Gold annually. San Gregorio is on care & maintenance only. If as forecasted by many market experts, Gold price storms towards $1500-$1700 per Oz....next year ...then its GAME ON. Uruguay will come ALIVE. Cantors had around +44p price target when San Gregorio was operating profitably.

Spot on guys. That protection is there to stop Newmont taking over OMI on the cheap. Exact same protection that Continental Gold put in place restricting Newmont to 19.9% only who wanted an ever big Equity stake. ....as per CEO comments if they want to Acquire us, then they will have to pay for ALL the Upside.

Inner-Harmony,

* URUGUAY -

Orosur Mining HAS BEEN a Gold producer for many years and been mining Gold from their San Gregorio gold mine (Uruguay) for many years until end of July 2018. Only in Aug 2018 this year, they put San Gregorio mine on care & maintenance due to becoming uneconomic (due to low grades & higher unit costs) to continue operations for now with average Market price realised of US$1280 Vs $1453 AISC. (All-in cost/oz).

ALL infrastructure is still there along with the Processing plant.

JP Morgan & Deutsche Bank, both with $1700 /oz gold price forecasts for 2019...

...it is defo "GAME ON" for San Gregorio, they already identified 'Veta A' target to source ore from.

AND

+100 km of unexplored Greenstone belt to tap into (Uruguay).

COLOMBIA -

ANZA 'High grade' gold deposit in Columbia looks to be a 'Monster'...

only 10% of land area drilled with very high gold grades.

OMI share price hit £3.00 per share at its peak.......(yes....thats right....£3.00 Pounds a share).

My own prediction is: £1.00 a share price within next 6-12 months.

Your ANZA Gold oz are only going to become more valuable as Gold price rises.

for next year by both: JP Morgan & Deutsche Bank....is going to be a real game changer.

Yes, physical gold serves as a direct hedge...against major stock market corrections......but due to leverage that Gold Stocks have, they always OUTPERFORM the underlying physical gold price rise.

We saw that in the previous Gold bull run.

To be clear, to what i was referring to earlier....by investing in good Gold growth stocks (e.g. OMI) is that....you shield OR Hedge your portfolio from any major corrections, if you had been invested directly in the FTSE, Dow, DAX, Hang Seng, Nikkei, stocks, etc.

1onic,

I think your TA and charts and that: Cup, Mug, Jug, Handle....whatever the feckk it is....

has just consumed you......LoL