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Seingred two positives this week or his that 3 or 4 positives my words things must be looking up for all of us. off to Majorca cycling in mountains go every April.
Next 5 or 6 years all commodities going to do well. even Dr saying gold could hit 3,000.
Good luck.
DR hope Brad gets them papers signed on agreement for Anza way gold silver going. makes your prediction forecast a bit weak at 3,000 in five years. Also silver could hit 50 dollars within 18 months or before. remember last time silver was at 50dollars in 2011 when gold was 1923. if gold does what the good Dr orders it wont be 50 dollars if gold gets to 3,000. remember i said gold could do 2535 within 18 months that was last year.
Wonder if Seingred sold on spike other day and bought more today. hmmmm to bring his average down.
500k goes nowhere but I think brad will once we get share price up raise again but if it was me Id raise enough for one year drill so multiple sites of drilling. Theres a good chance we may get a partner but lets hope we dont give away too much away and we need big bucks not just a mire 4m goes nowhere.
Dr Dr Apter drill results were superb before JV partners come lots of 144gt 60gt 20gt huge grades.
Remember the JV partners where not here to show us what was there but to see how big this site is. We would never know if it was left to them they would have offered a cheeky offer hoping Brad and Louis would accept.
Lots of shares rise on Momentum people buying irrespective GGP was one of these 1.5billion and producing nothing when other producers had 20million ounces producing 500k per year were valued at half that mc.
However we are only a tiny market cap. My friend Seingred would argue this that and other. But he never says the market is depressed and miners lowest been in donkeys years. And all time hes buying this stock which says it all.
There lots of positives now we getting Anza back, in one interview brad said since he joined the share price went from 4p to 44p. he never said owt when it went from 44p to 1.9p but hey we on a roller break out the orange juice Im a non drinker. leave booze to you lot.
Off on holiday again 3 weeks on saturday looks like i could be missing the excitement again.
Dr Facts are facts, why dont people believe going alot higher from all angles debt recession interest rates everything. Gold could do really well and silver a lot better. Yes it wont go up in straight lines but fact is its gunna blow and theres gold silver and copper in them mountains. Dont believe its brads timing, it is what it is. Once we have enough cash to drill other areas later this year, we could be off to races. Even Seingred being positive first time for everything.
Miracles do happen we just need it here.
Seingred thanks and good luck on the plastering, first time ever I herd you say positive things. Agree with most things you say. Still think you under estimate the market and how gold and miners could perform. Think you only looking at the past and not what could happen here in the miners. Agreed on sell on news and see how sp goes. nobody can get it right all time.
Thanks and good luck to everyone. maybe miners and gold could be the next bitcoin ish. government debt only going up one way. QE4 will come to wash away the debt.
Agree totally with your though Dr was thinking along them lines other day although think we are around 9m mc now. Yes I only bought because of the majors funding the project. Oh boy what a mistake. Think once brad has some good drill results from pepas hell want to shore up the balance sheet and have enough cash for 12 months drilling in south.
The JV partnership been a big problem for Brad. Watched a programme with Rick Rule former ceo of sprott, he said they like to buy into explorers based on as cheap as they can get it for 10bucks anounce crooks thats what i say. We better off without them.
Heres to an interesting week or 2 or 3.
Cheers Bhargav, would be nice daughter just bought her first house so another project on horizon for me.
Seingred election year in uk and America perhaps you are right and rates will climate and climate to slow growth down and cause a bigger recession. then lots of voters will vote for the government in, makes alot of sense to me. Cause more pain then put rates up and ask people to vote for them.
Im with you Seingred on this one.
Chicken must agree I also watched interview again last night as last week was on holiday and thought that too. However I was abroad last week and picked up interview maybe from a recent passed one. but would have swore that brad said that in a interview.
Still think the JV payments were not very much in comparison to but they were getting from us. 4m a year peanuts and 20m over 4years. my view is they broke the agreement and yes we getting 100% back which should have been a no brainer.
If share prices zooms over next month or 2 I think it would be wise of brad to raise again while ashes hot and sp high. but this time more shares and maybe 4 or 5m cash would see drilling in south later in year.
Fingers crossed its a rich news period. my timings terrible away abroad again in 3 weeks time last week in April maybe a few fireworks could pop.
A few things from brads interview last week what he said.
He said Newmont brought in Agnico to share costs as they were buying newcrest. Well I though that happened in last 12 months so long before the Newcrest deal. Also Brad said that Agnico would not be able to fund all exploration on their own. Poor Agnico they only have an exploration budget of 350m per year and only third or fourth biggest gold miner in world. So if they cant afford it then god help us. i mean they were only putting in a huge 2m dollars ayear for first 2 years. thats mega with 350m budget.
So little omi with no cash can lead way where Agnico and Newmont coud not. Also that brad may get back all the drilling and testing work thats been done later in year, why not immediately and why have we not received it along time ago.
Any way I think that theres a good chance we could get a JV partner or a new partner who may wish to explore part of the 8 areas we have. If not the elephant country here we come and Brad will want to get that share price as high as he can so he can issue shares.
Two good things we have our 100% back of Anza and also the gold price is zooming over next few years which will play in our favour. What you say Dr Rimington or Mr Chicken or Bhargav.
The wind is behind us and we starting to fly.
Seingred must be killing himself with some of comments on here. Yes we all excited and yes this is no Buritica or collective which is a 2billion company or more. Yes Anza is early stage 8m mc but elephant dont gallop but omi could. i think Brad will talk it up elephant country is back and when share price is twice three times quadruple todays price he will quickly raise cash to drill other southern areas.
Lets be sensible our fantastic partners only put in 4million per year and we could easily raise this and much more when share price is booming. This is what I think will happen brad will raise in next 4 to 6 months so we can drill other areas. We all thought Newmont the powerful Newmont and Agnico were the best things since slice bread but it was more problems with them. Brad can call it as he sees it now and yes I think the directors will raid their piggy banks and buy shares in omi at this price which is a gift in comparison to what it has been in past.
Even my friend Seingred who never says anything positive only negatives is buying in the back ground bring is average down. Lots here will be like Seingred once they have doubled quadrupled there cash will top slice or sell out all together. Some like Wolfy will sell out at his 6p entry. All positives on here.
Now people saying gold hitting all time highs, well I told you this last year and it will go much higher over next 18 months. Seingred bet still open if you think rates going up. Give it 4 to 6 months and rates will fall and that is great for gold and gold miners. my forecast for gold is 2535 with in 18 months and much much higher in next 3 to 5 years.
Remember worlds debt only going one way up in trillions not billions but trillions.
dr rimington, not posted as just back from a holiday in sun.
great news on brad getting anza back nobody more happy than me and bhargav, just want to congratulate all those that bought low mr chicken yourself bhargav impy and especially karl great work. ive bought some but not as many as i would have liked because of the property ive been renovating but do have quite a few.
hope the shareprice roars ahead just like mr chicken crowing like a ****erill taking over from bhargav. whose been a bit quiet on brad this week.
lets hope this is the start of great things to come we definitely been through the mill and back.
we may even see brad buying a few shares, but then he is a very poor ceo but at this price its alot cheaper than lots of us who has bought right upto 44p so knocking off 40p is a bargin.
speak later in week as only just got back.