Member Info for Rob1967

Gold down 52 dollars and silver over 3%. its always volatile around the fed meeting dates which are next week.

After two years of nothing here at last we are seeing some progress. I think Brad will want to release hole by hole as we wont be doing that much drilling on 500k or at depth so every holes counts. They will need to release good drill results so Dr and Seingred and Bhargav can flog their holdings make a quick buck then buy back in.

As soon as Brad sees the sp at the curtain level he will want to raise, we need quite a few million though as raising every quarter is not good.

Thanks Dr can you keep us informed as lots on here ae not on twitter or X or all that stuff. News flow about to start in next week or two you traders will be guessing when to press the sell button you Bhargav Seingred a profits a profit.

New all time high in gold 2787.

Dr new all time high in Gold 2782 and silver 34 target 38 silver gold 3,000 to 3,300 within next six months or so. Interesting times next week with fed will be cutting rates maybe one or two times in next few months will be good for gold. Which means will be good for omi as more companies cash rick so they can plough more cash into projects like omi.

Enough cash for drilling to see us through to end Dec, lets hope sp raises to 5 or 6p then we need some more cash to see us through to next quarter in Jan to April 2025 drilling.

1m is not a small sell...

Sharetrader I believe Pepas will be a big success and also the areas in South too and its brilliant we have extra land package now as Dr says they could jv them but would need work on them first.

Lets hope the sp takes off as I said before we in the biggest bull market ever and gold and silver will zoom over next few yearly and lots of these producers will be looking to invest in good projects and we have one of the best.

However we will need cash thats all Im saying to do the drilling lets hope we get a jv partner but brad not looking per webinar atm so drilling wont take long.

Lets see how things pam out. That all I can say Ive got a biggest holding that sunk like titanic here so I believe theres only one way up and share price has been on its knees. We have done nothing in last 2 years so drilling and news flow will push the sp up.

Ill leave at that. Im tempted to buy more but will wait and see its a gift at this price.

There you go we can only say positive things on here so we dont face reality.

I think Brad has done a tremendous job and herd hes gunna be buying millions shares. Will that do you. Lets hope the drilling is spectacular and share price rises ten fold. If the share price rises big what do you think Brad will be doing buying more shares or having a raise. Ill leave to you.

Just pointing out whats coming, nobody wants company to do well better than me.

your line if pepas does well or not whose being negative now.

They will be directors holes.

Good point from Dr with new land applications now that could be a big winner to do some JV on new applications. Juicy stuff lovely jubbly.

The big question here is funding the next one is only 2 or 3 months away Dec or Jan The board are hoping the share price lifts so people will buy warrants its a gamble but only time will tell.

Either way JV or institutions will want a big piece of pie and company will have to raise again.

They need 6m in cash per year minimum to do drilling and pay board costs.

So either way theres gunna be lots more shares next year and this will restrict the share price. Look at ggp now 650 -700mc at 6.5p so if they got back to 1.5billion share price could only get to around 13p or 14p or double todays price. Whereas omi could do 5 times or more with the right news, hopefully. That would give a market cap of 35m not out of way and possibly hopefully fingers crossed and all that alot more but we not talking hundreds of millions or billions like ggp.

I always thought ggp was massively over valued at 1.5b. My mate was making 40k a day on it and around 1m up. If you looked at other producers who were valued at 1b and making good profits producing 100k 200k ounces and good cash flow dividends turnover and lots assets then ggp at 1.5b produced nothing. Explained this to my mate he was up only 100 times but that was not even. Same with many others companies. Possibly same with omi when at 80m mc. However I think you miss two points Seingred which I keep coming back to.

1) In a bull market all companies go up as every sector have them from time to time.

2) the miners have been under performing for years as everyone or lots been putting money into the guaranteed super fabulous crypto market.

3) omi might not be worth 1.5billion but I think its worth more than 7million market cap.

The good Dr and others who hold big here are banking on this sharetrader and lots of others that even if the sp doubles triples quadruples they will hit it big. its not unreasonable to see this doubling and doubling again when gold hits 4,000 5,000. Even you cant disagree with this as you would not hold. Lots of producers moving and smaller caps now.

Why would you be here when you can put 1k in crypto and see it go up a 1000 times dunt make sense. get it all in crypto and stuff miners.

4K, the mkt clearly wants results from testing, drill results mean nothing without this…

Sorry for rambling folks.

A true story when I bought my first house I went to bank manager and asked to borrow money to buy it. The sum I was asking for £2,300 I had a job and saved up £500 deposit. The bank manager said no Im too risky as I was only 20years old. The next time I went to a different bank I took my dad bank manager said no problem. You can have the money. I paid the mortgage off in 12 months interest was £300 phew alot then.

Another time I went to bank I was wanting to borrow £2k to buy four houses I needed cash to pay solicitors but had no cash. The bank manager said no so I went to see my brother he said no as he had nothing. I told my dad he said I got 2k in safe give it me back when you ready. I remortgaged my first house and bought four new ones once remortgage came through,

See if you believe something James Dyson had similar problems in early days, I have similar problems all time in last 10 years too.

If you believe in something you back it Ive done many a time remortgaged my house bought assets and been to bank had loans put my shirt on things and look where its got me washing pots with Bhargav! Oh dear.

Still think the company has lots to offer and should move up if everything they say is correct. Lets face it we in the biggest bull run ever! If thats not a good time to invest I dont know abd the share price on its knees and if Louis is correct what they know they should be bank rolling their houses and all their assets.

What about you Seingred you remortgaged for investments.

Moo from Louis train of thought no director would ever buy any shares in their own company with what he said. It was ridiculous they just dont want to buy not even at this low price.

Moo you say the directors have to buy I agree but to how much, I was not convinced by louis answer on directors purchasing. He said they always know something, well we know as well as them that the final stages of getting Anza back will take place in November whether 1st 2nd 3rd or 4th week in November and also that drilling at pepas will begin shortly after in Nov Dec and results will take a week so Dec and Jan and there will be another raise in January. So my point is we know as much as them for next 3 months so note stopping them buying but I say but they dont want to invest. period ! They just sooner come up with excuses and have lots of free options where they dont risk their cash. lets face it brad said because of the delay the share price have had a bit of a drag down. my god if thats just a bit of a drag from 45p to 1.9p or 20p to 1.9p or 10p to 1.9p thats what I called the sinking of TITANIC.

Note stopping them buying only themselves.

Seingred I asked the question about the rainy season for you and Brad gave the answer not a problem. I asked the question on funding they said they needed about 1.2m dollars to drill pepas and south.

I used to hold about 50 stocks a good while back some had quite a bit in some had a few hundred quid I decided that its best to hold about a dozen that was best for me as its hard to track them all know everything thats going off.

If you hold 70 positions you must be on it all time like a someone through balls in air the more balls the quicker you need to catch them.

Good luck with the 70 companies why not make it a round 100 nice figure.

However I think you got some great companies that will grow many fold 10 20 or crypto 1000s

Dr enjoy your holiday in majorca.

I thought the webinar good and honest and very positive the only thing they did not answer was about directors dealing purchases but think they will have to buy at some point to show a bit of willing how much is anybodies guess but it wont be substantial.

I asked the question on rainy season for Seingred it wont make much difference they need water for drilling. I asked the question for break on funding and louis said 1.5m ish to drill pepas and south which does not seem much but it also shows they will be doing something.

A good plateform to work from lets see how long before the get the final paper work done and drilling starts. At least its kept my friend Johno quiet for an hour or two. Tomorrows a new day. A much more positive than today for the company and a big step forward.