Member Info for Seingred

Hi Rob, yes went lower than I thought . Not infallible but buying from 10 p down to 8.8p is still a whole lot better than buying in the 13s . I allow myself some xtras after trading more shares to roughly keep a similar average. I want sub 4 p for safety. If I were telling lies I would have said I sold my 4 p shares last time round in the 30 s ?

Anyhow I am happy adding. Won’t be if we go a few more p lower though😱. I would be bothered if we were low on cash but we are not and drilling to do. Will wait and see what the consultants come back with . Meanwhile other shares are doing the heavy lifting.

Btw, well done for sorting your kids out. That’s my plan but not as far along as you. It’s only going to get harder for youngsters from here onwards and ai to try to compete with.

Legal, do you not understand the obvious way your custard pie average was worked out. It went from £1 to 75p . Or do you disagree?? I successfully trade most of the time thus reducing my average . If you cannot get your head around how to do that that’s your problem. Someone here traded their fres shares in for more Omi?? Personally did a quick trade in fres and re bought. I like fres . Maybe worth cashing in grl and popping them in maybe?

Yep I have been buying over the last week. Not today though. Yesterday was better and far too much going on elsewhere. Some very nice moves in the 80 odd positions😜

Hi Rob, the difference is obvious surely ? If you sold your Omi shares on the way down and re bought them half price you would have twice as many shares for the same cash.

Yes I am adding shares and re bought previously because I believe there is a good chance of significantly higher prices. Is it nailed on? No but that is investing or gambling.

The reason I try to keep my average low is because even a 2 p rise is more than half a bag so I don’t want or need to be relying on 30/40 p for a decent return. That’s 11 p which is very doable. 15 p is lovely, anything more will be magic ! Some may question my average due to an inability to actually calculate one but that’s not my problem.

So I am positive regarding my investment just not impressed with much of the posting here. What are the doubts you refer to specifically? If you were here 5 years ago you remember my “negative posts” regarding the benefits of majors, the ludicrous valuations that 5 years later are miles off , petro getting elected. Effect on our investment. Forecasts of timescale for deal finalising and drilling timetable. When the 2 m would run out. Two placing a a last year. That’s negative?? No it’s not it’s realistic and in the fullness of time proved correct. It’s called using ones loaf! I banked a 100% profit over a year and a half ago and am currently up around 150% .

Obviously I could have banked a far far bigger profit if I had bailed out in 30 s or 20s so lesson there for moi!

Obviously one’s availability to free cash affects how you invest. Or can do. I have some free cash but basically try to make my pf do the heavy lifting rather than new cash which has a baring on how I invest.

Https://gfintegrity.org/illicit-financial-flows-and-illegal-gold-mining-new-developments-in-colombia/

Hi Rob. There is no problem currently which is fine. However there are various things called jurisdictional risk which make Colombia a less valued jurisdiction than say Canada or Australia. Rob I have been adding over this last week and have the largest holding that I have had over the last year. That is positive. I just believe in investing with my eyes wide open. Were you a holder more than 5 years ago? Do you remember the £1 forecasts by Christmas?

Here is an article re illegal mining in Colombia. Not specific to our area but gives an idea of how Colombia works.

I have a considerable holding in aris and except the jurisdictional risk as in Omi but manage them according to my risk reward views.

Uranium plays doing nicely currently. Always good to have a spread in your pf. 70 positions , always some nice surprises while others fall!!

Good luck and impressed with your cycling . I do kayaking now and again and similarly try to work with the tide.

Mr B. Yes of course it could be . As yet not but that is jurisdictional risk. Well worth watching Simon reeves programme on Venezuela and Colombia.

Vance, As for your imaginary big buy there, complete piffle! You introduced yourself there by trying to be a wise guy trying to pull the share apart with your limited knowledge but then apparently make a big buy that’s never to be heard of again. You are a fraud and a very unpleasant little character.

So Vance 123 who exactly is the we you refer to? Basically a multi I’d hit squad. Poster electric lion who I had numerous disagreements with over the years I posted on Cnr commented that it looked like a witch hunt didn’t he ??

Hi Rob, careful or Vance 123 will be on you as well if you don’t line up in the circle. I have explained a very obvious way to work out a true average with custard pies. After the feeding frenzy if a couple of days ago, nobody wants to complete a very simple calculation that gives 75 p average.

Anyhow, been adding over the last week with the spread being friendly for a change!

Hope you are doing ok. I been doing more manual work so that will give the lowlife something to feed off.

Good luck

Wolfy, do you understand that your custard pie average has dropped to 75 p. Yes or no. That was the nub of the self congratulatory circle jerk the other day???

Everything is just noise!

You guys have spent years continually being rude but I don’t think you can point to anything specific that I have called wrong. Smearing with guesses of my trades, size of holdings , form of employment age or wealth is just is just trump like . Let’s stick to facts!

Ok doc, so why did you and your cohorts descend on Cnr bb en mass alleging me to be bhargav also here.

There is no way on earth I will divulge personal information to such a person. No chance. Stick to facts and your record of wrong predictions.

All you can level against me is the weather in Colombia even though Brad has just confirmed inclement weather hindering work and drilling commenced at the end of the rainy season last year. So can you tell me does bad weather hinder work or not because last year it was a ho hi slur.

And my average. Do you understand how wolfies average pie cost has dropped to 75p ?

Dr, do you remember my disagreements with yourself and bhargav re valuations and constant ggp comparisons. Yes or no?

Whereas you Vance 123 are an archetypal attack dog troll that has contributed nothing of use since your creation.

Let me know if you can work out Wolfy custard pie average.

The calc is £100 divided by 133. You can do it , possibly!!

The dr is waiting to give them to you.

Legal it is of little consequence if you believe me. However selling at 8 p was 100% profit while phase 2 was nailed on apparently.

Dr

"We are pleased with the positive response to our Placing at what is an exciting time for Orosur and indeed the gold market in general. The funds will be used to progress our Anzá Project, in particular a drilling program at Pepas and the engagement of external consultants to examine the potential of calculating a Mineral Resource Estimate at APTA. Our work programs are ready to go and we anticipate accelerated news flow going forward".

From rns end of dec. nothing intimates an mre in January that was your ramping that has been seen to be ridiculous by any body who isn’t blinkered. We are still engaging consultants. I was correct to cal out that nonsense just as correct to predict 2 cash raises sub 3 p last year that you said would not happen. Have we heard the results of those consultants yet? Because it takes a long time.

I don’t care if you believe my buy or sell prices.no my sells have not been big sells but I have no intention of furnishing stalky weirdos with personal information. Let’s be honest you and your cohorts agenda is to smear anything I say. It is just a bit unfortunate that my record is pretty good on predictions and yours is laughable.

How did mr red know that January prediction was rubbish??

Legal, Been buying recently. The spread is friendly. I have never claimed to have sold in 40 s or 30s . Last time I sold and re bought on the way down from low 20 s finally giving up at 8 p and switching to a better opportunity. I had however refused to join in the £1 party on the way up and had the same strategy as now of keeping average low.

Dr, a straight answer please. Do you remember in those heady days me being at odds with yourself and bhargav over your over hopefully predictions? You were 2 peas in a pod!

Wolfy, do you se how your custard pie average has reduced from £1 to 75 p ?? All you need to do is pretend those custard pies are are Omi shares!

Wolf, do you disagree that in my example the average cost of your custard pies has dropped from £1 to 75 p??

This is the nub of disagreement re averages and why the average on any platform is not realistic for someone who trades correctly. They would work out average using £200 but you have still only invested £100 . Using your rationale Stoneo could sell his 20 p shares for 9 p , rebuy and have an average while I could successfully trade to many multiples of my original holding with no cash outlay and have a higher average. Completely irrelevant useless information.

Do you comprehend that the recent feeding frenzy was based on a misguided semantic mistake??

Re 20 p predictions. Many of you have been making these predictions imminent on next news since the turn of the year. I say that we have a good re rate and I would say a decent valuation for where we are at. Can we hit 20 p predictions? Yes it is possible but I do not need to rely on that. I have just shown you with pies how I can increase my holding keeping my true average under 4 p . Any 2 p increase is half a bag which I am very happy with. I did sel some at 15 p, 14 p 13 p 10 p 9.5 , 9. Around 7.5 p all but one were re ought at considerable discounts. 2 p lower suits me generally

Back to concreting

Vance 123, some ammo, I am off out to do some concreting now . Feed away. Meanwhile try working out how mr wolfs pie average cost has come down. He is waiting to sell them to dr rems travelling circus for his clowns to throw at innocent bystanders. Hi ho.

Vance 123, our?? So admitting an organised move. What a sad piece of work you are.

So you can’t work out the average of wolfies pies then?

Nor any of the rest of the posse . Interesting. It is 75 p which is lower than £1 not higher. Dumkopf

C c, you takes yer chances. Probably best to use your own nose because the crystal ball readers here don’t have a good track record. If you sold at 12.50 well done. Probably when ball gazers were predicting 20 p imminent. Good luck . 8 p is a lot better than 12.5 to buy that’s for sure but most here not worried about paying a few p extra apparently. Because it is SO undervalued!

Unusually tight spread atm.