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" Any project which has 1-3 million ounces, you will get a premium, any projects getting, 5...10....15 million, will get a bidding war"
Buritica was bought by Zijin Mining for just 1.2 billion AUS Dollars, they now have proved up well over ten Mil ounces. Buritica was sold cheap!
Newmont and Agnico are not here for the fun of it, and Our CEO is not talking of big things to come without that being a very strong possibility
I keep weighing up positives and negatives, looking at different angles and different possible outcomes, but i can only see more and more what an incredible investment opportunity this is.
Ah, that’s the standard AIM crowd, you don’t see any of them when things are on the up, and when it goes south, suddenly a huge number of people you never seen before, or the regular downward trend derampers pop up. Just look at the fundamentals, all the real things that are happening with the company, and situation that is appearing around us with other sites in that area, and not to mention the money in bank, no debt, 2 majors bringing their might with funding all the way, and the words coming out of the CEO’s own mouth....then sit back, maybe watch and learn from the manipulation game (not a nice game, but it can make you money while it’s still allowed), and just look forward for what’s to come
Filtered that turncoat a while ago, new day, new bull***t, but it's like he is still here for me, with the usual amount of complaining about him
Had a nice top up at 25.99 :)
..and where were you M135i telling people they are getting spiked, yeah that's right, just like so many today, you and all the others we never see on this board, come on here spreading your wise words of wisdom after the event has happened. Laughable!
looking forward to news flow to come, i personally am very pleased with these early results
What a ridiculous statement Tymers! Everything has changed now, Two majors taking us all the way, drilling results just starting to come in, huge amount of regular news flow to come now, and CEO talking about an elephant, tier 1 being a very real possibility. If everyone thought like that, purely on the past ups and downs alone, no one would want to invest in anything
For the first time i know of, i can sell my entire, sizeable holding in one go, not that i'm letting go of even one fo these for a very time, but that is just another very big sign to me of where we are headed, and more people want in! Good luck now with the tiny free float
Continental Gold took £840m for Buritica, they now have a huge amount more proven up since, if we see similar initial results coming out, there is no reason why we wouldn’t be looking at a similar value placed on OMI, equating to somewhere around £5....but results maybe much greater, many clues suggest that is a very real possibility....then factor in the price of gold then and now, and what it is projected to do, not to mention silver
I think end game will see far north of £2!
Totally understand that post and your frustration bingo, AIM has gotten worse and worse from when I started trading 15 years ago, BUT the fundamentals will always win at the end of the day, there is only so long a share can be held back, it’s just a matter of time until the share matures and news verifies 100% what we have, and it will have to find a new trading level
Drilling to accelerate.
The original drilling plan at APTA was for a small program of roughly 2,300m over eight holes - a program designed to provide a preliminary assessment of the potential of APTA, before committing to a larger program should the results of the preliminary program be deemed positive. To this date, over 1,600m have been completed.
However, the nature of the mineralisation at APTA is such that the main breccia zone and associated veins and sulphides are readily visible. Therefore, while the situation with delayed assay results continues, the visual indications seen in core are deemed to be sufficiently positive that the decision has been taken to expand and accelerate the current drill campaign.
To this end, a third rig has been mobilised to site, with a view to commencing work in late January.
The Company will also begin the process of expanding its local infrastructure and operating capacity to allow for the introduction of additional rigs at short notice, should this be deemed beneficial to the project.
Orosur CEO Brad George commented:
"Clearly the assays from MAP-072 are very positive, and a resounding verification of previous excellent work. Delays in assay results are unfortunately beyond the Company's control and may be a factor for some time yet, however in the meantime, visual indications are positive and provide the team sufficient confidence to ramp up our drilling efforts in order to move APTA forward as quickly as possible."
Filtered that fool a couple weeks ago. He absolutely has an agenda of some sort, disappears for a while, then suddenly he’s posting every five minutes, long posts of absolute drivel! I’m in no doubt that is what he is doing, probably bashing the share for how much it’s gone up already. I’ll trust in the worlds biggest miners, the amazing fundamentals, the low £50mil cap etc, etc, etc