Member Info for MisterPositive

Only games MMs will play is to try and grab stock as not many in free Float. Re-test of 18p on the cards in coming days in my view.

TR1 from them would be interesting after they got diluted down to 6.1% from 7.6% with Newmont taking 19.9% Equity in OMI.

Forbes article illustrated that point nicely. Newmont annual gold production from existing mines is in decline. They need to replace those Gold oz. South America for Newmont was lowest contributor.....compared to other locations worldwide. Anza deposit puts Newmont on track to replace the decline in production from their other Gold mines. Gold majors make strategic investments covering next 15-20 years, looking for Multi million oz Gold deposits.

All 'JonnyBgoode' needs is...close his Short position & go long here......simples

Ahhhhh.....Only if jonnyB could read sentiment & momentum.... This is a great recovery play. Such low MCap and world no.2 who just bought 20% Equity in OMI for starters. If he just follows momentum, it would save us all lot of aggro. Still time JonnyB...

Ahhh...captain, Good to see you making some friends.

Will find out how short it is?...,once his boxer shorts are pulled down.....,LoL

This will continue to rise and re-test 18p year high in my opinion. 18p could very well come tomorrow. AND still will be only £26m Mcap ??? How crazy is that?

Not realising...his posts making people Research even more.

Yes, loss relates to writing down the value of Uruguay asset, which is currently on care & maintenance. By the way they found 'Veta A' target for underground mining at Uruguay. So curently nothing priced in for that either.

I first read the accounts report also and was confused. I totally missed the Newmont deal RNS...at which point jumped in at 5p. Missed the original rise...no issues. It's not where you enter, it's where you Exit or what is your Target price is what matters.

Turned this on its head....simples. * Newmont just paid $2m for coming on board at +102% premium. * Will pay another $4m cash to OMI over Phase 1&2. * Option to increase Ownership to 80%. * $30m spend and 20% FREE carry for OMI all the way to Production. Don't forget....Amongst all of the above, Newmont will always have the option to Buy Out OMI outright at any stage if they want to...time will tell....Take Over at this stage is speculation of course...down the road may be?...who knows.

Btw. Should do well with 9.53 entry / top up....whatever. Its your money dude.

Topped up at 9.53...,? Errrrr...you mean bought back in...

Colombia: 'Anza' is a monster deposit with 5 targets. They have only just tapped APTA with 19 holes drilled and 5 holes in 'Charrascala' (previously untested) with high Gold grades so far.... and Newmont got in like a shot with 20% at +102% premium... 'Le Cejita' - the biggest target of them all yet to come and looks to be same size with other 4 targets combined. Continental Gold - Buritica 4.5m oz deposit is right next to Anza. So close that it looks like a single giant deposit. La Colosa 28m oz Gold deposit (AngloGold Ashanti) is to the south of Anza. ALL on the same highly prospective mid-cauca belt with multi-million oz discoveries.

Now that's a surprise.....not. Always a guaranteed appearance AFTER the rise.

Janiax, FREE Float still 117m shares only. Newmont 29m has a 4 month lock in period, and they not selling or trading....LoL

Very strong close. Defo Opening higher tomoz

Could Barrick Gold be buying on TSX....who knows ?

Maxit Capital (our advisors) are same who introduced NewCrest to Solg which BHP counter offered but were turned down. Barrick Gold must be watching OMI story. With this deal Newmont would take crown position away from Barrick...