Member Info for Sharetrader123

Christ Wolfy I see the melancholy mood hasn't improved today either.

28jaczar also remember that when GGP started to really take off around Dec 2019 it took another 12 months of the SP heading north for their price to peak.

Realising our full potential will now take much less time. Phase 2 will be completed in 2 years and then our partners will have to make a call on phase 3. I'm predicting we will be showing good value by then so I'm hanging on till we reach that position. The only thing that can get in the way would be an early buyout but I don't think that will happen but even if it does then it's all good for the SP.

The fickle newbies are rather quiet this morning.

Very fishy indeed Dr. He only joined late August yet is an OMI expert. Expert in deramping more like.

Rob I have criticized Brad plenty of times and conveyed my frustration by writing to him regularly however he has been criticized many times for not getting news from our partners and now he has demanded that the partners hand over all the information and data before signing the JV, he is now being criticized for not signing the JV. In this case I think Brad is right here. If this asset turns out to be a huge deposit then I would hate to think he has hurried to sign just to meet a deadline when he can wait a little longer to be in full possession of the facts. Getting this wrong has huge implications for the future of OMI so it's important he gets it right. Brad has more or less stated without saying it that the JV is a done deal and has given all the indicators that the partners are going nowhere. My advice would be don't react to the retraces (which there will be more to come) and concentrate on the good news when it arrives. I think most of us are comfortable where we currently sit but we are obviously not moving at a fast enough pace to satisfy some of the more impatient investors on this board.

Christ Rob talk about doom and gloom. I can totally get that you are frustrated but posting that all is lost all day long is just a reflection of your spiralling melancholy mood. It's good to know that some on here can see the light at the end of the tunnel and have the confidence to hold without whining every time there's a retrace.

Rob where on earth you are getting that we can only get to 40p with a buyout ?
This is complete bull**** and without foundation. Not so long ago we were in the forties based on speculation only. We are now in a far superior position with almost certainty of a JV to be announced and a commitment to fast drill phase 2 in in half the projected timeframe and 2 million payment in the bank. We also now have a balanced portfolio and options to develop in Brazil and Argentina. There is a possibility of further outstanding assays being released with further fast track drilling exposing future substantial results. We are one of the best prospects in the junior market and are now on the radar of institutions yet you don't think we can attain 40p, really ! . I'm afraid you are another doomsayer who needs his bumps felt and sadly you are not alone.

Portfolio power don't forget that phase 2 will be drilled in half the time so plenty of updates should come thick and fast.

Having seen the amount of negativity being posted here I would just say that I have watched the webinar again and I'm now more comfortable with the JV not yet being signed. Firstly we have all criticized Brad (including myself) for allowing the partners to dictate news flow and keep information back and he is clearly trying to address this by asking they release information he thinks they are keeping from him. This is a prudent move as it shows them he is not prepared for the drip feeding of news to continue. I also have the feeling the partners may be holding back information that might contain good news about the asset in order to get better terms out of the continuation of the JV.
If this does turn out to be massive then surely we want to negotiate the best terms possible and if that takes a few days / weeks longer then I'm fine with that. Although frustrating that it's not all signed off yet, we should be confident they are not walking away and we all know why. The fact they have been in talks with Brad regarding halving the time it takes to prove up phase 2 tells you all you really need to know.

Wolfy if you think this won't hit 20p this year you need your bumps felt. We all know how quickly this can rise on good news and there will be more good news to come in the next few weeks. If you genuinely believe that this cannot get to 20p and will go the other way then sell up and move on but those who are better informed are prepared to hold on and reap the rewards.

Wolfy this will not drop to the levels you predict. Also to state earlier that you can't see the SP hitting 20p this year is ridiculous with a JV announcement pending plus results from re-evaluated holes 10g or above it will surpass 20p easily.

Dealer not really. Brad has to wait for the legal people to sign it off and he was transparent on that. He has told us as much as he can without confirming the JV. We are the best prospect out there at present and the market will soon reflect on this as more news unfolds.

Mick more like some taking profits from when they bought in the 7s . Amongst the juniors we are just about the safest and most exciting prospect currently out there. Its only a matter of time before the hoards come here and there will be plenty of opportunities to showcase as the news flows in.

The significant thing here is they have already overspent and are still drilling. That's all you need to know regarding the possibility of the JV

Brad using the word spectacular is all you need to know.

Let the drill do the talking. Boom!

Chicken you forgot to mention the Uruguay closure. Mind you they have been telling us that for the past year or two.

It's nice to see some positive posts promoting the notion that our value will greatly increase.
I am also of this opinion and let's not forget that Brad has stated that he thought the company would be transformed. This is the beginning of the transformation and it will be interesting to see where we end up at the end of it. Good luck all and enjoy the ride.

Dealer, yes it is but up again today and 78% up the past month so can't complain.