The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Aim would not be Aim without these movements, it's a day traders paradise, happens at times with every single share. Fundamentals have not changed, just short term trading and stake building, less experienced PI's losing their chance of being in something big to fear and inpatients, while the pro's build their position.
"NEWMONT gave AWAY 37% of the jv. They gave it away. De- risking. Watch out."
Newmont, the number one in the world, continue their commitments to OMI to then right away de-risk by bringing another major company in who have the experts who know the area and have the troops ready go....because come to think of it, oh dear i don't think we have a sizeable find there after all
munchbox, you're a class act
"As explained above, Newmont, and its new partner in the Anza project, Agnico, will need to spend $4 million on the Anza project between now and September 2021,to maintain its earn-in rights in the project, which should lead to an acceleration in the exploration and appraisal of the project in the coming year."
... i like the word "acceleration" :)
MH01, yes of course, lets just focus on that, and forget the other facts, initial outstanding grades from the start (far higher than ggp's starting point), open in all directions, two majors support.. one just brought in to fast track, 50% cut in already low operational costs, gold close to surface, proven billion dollar mine next door along same formation, safe infustructure in the area. I could go on. DYOR
Completely agree with you MEM, i have rarely seen anything like this before in my many years trading, every piece of information or research i have done just looks so positive, like the perfect storm, i can't see this slowing down anytime soon in build up to news, or retracing too much when it does
...and availability will get ever more decreased as people hold for the long term reward, which could turn out to be huge when looking at what the area has already proven up. CEO as said in interview, very confidently, that he believes the site to be in the top 2% of best mining prospects in the world. But that's enough about OMI, back to GGP
Market cap of OMI is now just over £50mil, but the real kicker...just 80mil shares available on the market, and 40 of which is available on AIM platform, do the maths, do the research and tell me it's not going to move up considerably
Bancal, i think you need to research a little better/more, Columbia has become a lot safer, having had much involvement by the government to secure foreign investment over past few years, it's becoming a hot bed for PM mining as they move away from coal. site next door sold for 1.2b Australian dollars this year, tells you something, not to mention two of the top ten mining companies in the world seem to think it will work just fine for them ;)
anyone looking to invest, do some research, try and find the negatives, look at the unreal potential being unlocked for all to see, with the big boys supporting us and leading the way, proven success right next door, whilst currently sitting at a very small Market Cap compared to any other explorer in a similar position...and tell me this won't keep rising to find somewhere near true value