info only29 Dec 2022 21:03
Thanks Bhargav for info.
Regarding GGP and Sol Gold both at market caps of £400 in my opinion they are both very undervalued as are all the gold miners in last 2 years its been shocking as people put money into Bitcoin companies. Ive said before and will say it again that the charts from 1970 to 1980 are very similar to today. from 1974 to 1975 the miners fell for 2 years then zoomed as gold went up only 22 times. i still feel over next five years gold hit be 3,000 to 5,000 per ounce and the gold mining and silver mining stocks will fly. just to get back to 1980s level some of these stocks will have to go up 30 times to get back to that level.
I believe there will be a bubble like many times before Dot.com days house builders shares and banks in the 90s. today is similar to 1970s high inflation high energy prices high food prices high gas prices and interest rates rising. Things go round the gold mining sector is very very undervalued so my approach is to hold for the bubble to come in next three to five years.
The only down side is we have the best gold mining companies in the world who want to buy omi for nothing who dont want the share price to fly who dont want to give out drilling results who dont want to drill all the areas and who want to change the agreement. Apart from that just about perfect partnership.
Brad needs to grow some balls and start calling it as it is and bring back elephant country because the majors are walking all over us.
Yes I believe omi can multi bag many times but will our partners let it. Will omi see true value I have many doubts. Will the board keep issuing options oh Yes.