Member Info for vicjain

Nice one Mercedesman...would have topped up if i had spare funds...however all tied up in another really good gem....:)

No matter how good a share is, it does need a drop of sorts to release some steam and allow for those to leave and some to get in. It creates a floor and a springboard for a further move back up to even higher levels, just like BTC. As ever it is difficult to buy many shares on such drops which clearly is MM generated imo. Such drops are just blips on the journey to much higher levels. Also remember how the speeding ticket caused a quick drop but was bought back up very quickly. Easy for MMs to take advantage, but not for long

Argo is still way undervalued imo with BTC projected to be way higher than now. The sp will be way higher going forward however the MMs can manipulate the sp easily if they wish through various methods. Could well be they are short of stock so they drop the sp, restrict buying, raise the spread etc etc. This is just a very termporary drop and will shoot back up very soon. Have to hold to get the big multiples and understand the way the market works with such low cap stocks.

Once drilling results proves what is in the ground, then a more certain valuation on OMI will be established. I am of the opinion that OMI's share will be bought out way before full production goes ahead and i would say a minimum target of £2 per share is definitely achieveable. I also think this will happen in the latter part of this year as no doubt Newmont will want full control as soon as they can imo. This will leave OMI with a very healthy cash balance and the oppotunity to focus on new areas of investment.

The MMs opened red and now turned blue....the tide is changing maybe now with news ever so close...once demand and volume really kick in then i expect the sp will just rocket upwards

Thanks for your useless reply 1 post wonder kid.....another idiot for the filter list

Same again another red start to the day. Getting very repetitive..MMs are really grinding this down this week. Drilling news next week maybe Monday imo. Wonder if the sp will end blue today in anticipation?...Does feel like the sp is being surpressed before news with no positive build up in the sp however that can change in an instant if the MMs decide to change tactics. Holding and waiting.

Sadly i sold out of GGP at 1p a few years ago HD27 so unlikely to ever reach anywhere near that price again....hence patience needed in big doses to get the big rewards. Once things are proved up OMI will be more resistant to manipulation, though no doubt it will still happen. Either way i believe a buyout of OMI's share in Anza will eventually happen and that should give a share price in the £s imo...So just best to hold a big chunk for the inevitable buyout imo whatever the MMs do to the sp in the mean time

Investing can be very frustrating at times Mambamentality, i also sold out of OMI totally but mananged to get back in just as the Agnico/Newmont tie up broke....same situation of impatience....had to pay a bit more to get back in but just another example of having to be patient once you really believe in a project....OMI has it all yet the sp can be manipulated at ease however this is all part and parcel of aim sadly. If a project is solid as with OMI, it will come good eventually and in a big way. GGP is just one example of this.

Good post Mambamentality.....very easy to get fed up of the wait. Seems the MMs know how to grind things to a halt despite all the positives in play here. So easy to decide to sell out and move else where thinking nothing is going to happen...i've jumped ship before and lost out, GGP being one that i sold out too early on, and so missing the big re rate....all is in place with OMI and things are really coming together...hate to say it but it really is all about patience but we are so close now to big big news here. The re rate here is inevitable...just have to let things unfold

Well if the 150k trade is a sell, i wonder who would be selling and if it is the same seller that has been dropping the 50k sells, i just wish they would hurry up and exit for good....it does seem to be really stopping the sp getting any upwards traction. Really could do with a solid RNS to shake things up now.....can't be much longer to wait imo

Seems like a red close disappointingly....the sp has been stuck in a range for some time now, hope we can get an RNS soon to get some action back here again

Agree Mercedesman, seems to open in the red last few days, low voulume, buying in big amounts difficult with a general better sp perfomance late afternoon. An RNS is due anytime, usually 7am so the sp seems to perform better going into the close. So i also think there is background buying by bigger players and the MMs are surpressing the sp accordingly. News another day closer so at some point this MM strategy will change and expecting to see a big move up in the sp very soon

Any kind of dilution generally always has a negative impact on the sp, however the deal Argo has bought out today is massive for the future. Good comms from PW via twitter explaining the deal. Bitcoin is predicted to be way higher than now going forward, Elon Musk has endorsed bitcoin via Tesla's purchase of $1.5 billion and many big players such as Apple are likely to invest as well now. BTC demand will be very high and supply is limited. Argo is going to be worth many maultiples of today's price. This is a very low entry price with what Argo have coming

Quite a few 50k trades and seems some are buys....can't imagine the 50k buys would be the same seller of previous days....makes no sense then again aim makes little sense a lot of the time. Either way we are blue and creeping upwards and that's what counts

At the moment volume is low suggesting not many are selling imo but buys are difficult in any great quantity as well. Indeed Rob1967 an increase in volume will surely lead to a big move up in the sp. With drilling news so close i suspect this will be the catalyst to really get things moving upwards. No doubt many are buying what they can now in anticipation. I still think there are big buyers in the background hence the MM surpression tactics...I would expect more blue as the day progresses in antcicpation of a morning RNS...

A touch of blue now showing. It does seem MM tactics are to surpress trade at this time. Would suggest to me they are happy to collect shares maybe for big orders in the background but are limiting buys generally. With drilling news very close and looking very promising, it would seem that there is big demand for shares but very little supply. As news unfolds this will inevitably lead to a big move up in the sp very soon imo

Should say fast pace....

With the necessary resources available, drilling will move forward at a past pace and results will start to roll out relatively quickly...as such real value to the sp will be more apparent....this will result in a much higher sp...also no doubt a buyout of Omi's stake will happen imo...so a realistic sp of £2 plus imo is on the cards

As results roll out the sp will become much stronger and investors will have a greater understanding of the real value of the Anza project so should lead to a greater level of support for the sp....all means a much stronger sp going forward