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You never know with Brad. It does makes sense for Brad to get the sp moving up to try and get the the warrants exercised. Either way the sp is getting to a ridiculous level again and is stupidly undervalued at these levels.
Brad clearly had to bring out some positive news for the last webinar and it just shows how such info can be be held back for an appropriate time...this is very typical of AIM sadly. With warrants due to expire in December it is now within Brad's interest to get them exercised so hopefully he will do what he can to get the sp moving north. So much news due so come on Brad do yourself a favour...
Does seem like deja vu yet again with the sp. Without news the sp always tends to drift down so it could go to the 10p range. We are in a better position now as we know Newmont/Agnico are going ahead with phase 2 though, so 10p ish would be an absolute low imo. However if we do get some positive news, then the sp could very easily move back up very quickly and catch many out. I may try to keep some spare cash free just in case for a top up if the sp does go to the 10p range but i would rather the sp does not go to those levels. Either way we are more or less at the bottom imo.
Agree DrRemington...At least the sp finished in the blue. Now we have more clarity going forward, the sp can only go upwards now imo. Slow and steady is fine with me. Hopefully we will start to get some big players getting on board now also with the uncertainty of Phase 2 being removed
Regular newsflow will be good for the sp and long term shareholders and hopefully this will happen with Phase 2 now getting the official go ahead. No pump in the sp today is probably better as it stops the pump and dump crew creating too much volatility. I would expect we see a gradual move up in the sp with a stronger floor being created as we move up over the coming weeks/months
With Phase 2 sorted now it really is just a wait and hold game to get real value here. The price will go up over the coming weeks/months and hopefully will mirror GGP's rise when it was at a similar stage. I am expecting the sp to be worth multiples of where we are now over coming weeks/months as a lot of positive news is released. Low shares available, bigger investors coming on board, hopefully more info regularly for shareholders to digest.....just a few big positives to mention.
I dont remember exactly thefierce1, but i believe it is before November this year. I am sure someone else more clued up with dates etc can confirm. The point is the newsflow and certainty now should propel the sp much higher above 25p imo over the coming days/weeks
Phase 2 now confirmed...let the bigger news roll in. Hopefully Brad has negotiated better news flow for us shareholders. Either way With Phase 2 going ahead, that signifies that Newmont/Agnico like what they see which will be good for the sp going forward in a big way. I suspect those warrants at 25.5p will get exercised before they expire.
Confirmation of Phase 2 gives certainty to the market....very positive...I expect bigger investors to move in now with this certainty....Phase 2 shows that Newmont/Agnico are very confident about what the resource is worth...excellent news.
It is very clear that Brad had the drill results before yesterday imo but could not divulge them until yesterday. We really do need to be in a position to be made aware more of results etc in a more frequent and timely manner. I understand Angico want to keep the drill results more secretive due to the competition etc as such but as shareholders we also need to be considered as we have invested in OMI for this project and this is something Brad has to make clear to Agnico. Part of the reason for the poor sp has been lack of visible news...Phase 2 is a given....so come on Brad have some consideration for shareholders...rant over
A sensible strategy Impecunious2, I was thinking the sp could go lower possibly as it always seems to after some good news...typical OMI behaviour, however since we have more positives in play now and a lot of uncertainty has gone, i did not want to risk waiting for the sp to go much lower...as it may not... either way the trend is on the up imo
Did not really expect such a high drop today. However the sp did not fall below the last peak of the 31st August at 13.8p so good from a technical basis. I think the MMs are still able to scare people and get sells when required despite the positives from yesterday. Either way many have sold today so some of the froth has been removed. I even sold a few but bought them back near the close of play...lol. Just thinking today was a day for the MMs to collect some shares ready for the next leg up.
Phase 2 is assumed now imo, the drill results, the webinar and the fact the Newmont/Agnico are continuing with their operations says it all. We also await a re-assessment of some drill results which are looking very good. So really we know this is big and so do Newmont/Agnico. The sp is still very low and at the mercy of the MMs but there is way more clarity and confidence going forward now. The sp will just keep moving up now imo whilst the MMs play their games to get more shares to sell at higher levels.
With drill results and the Webinar now out, i would say there are so many visible positives and no doubt that OMI is going to move up the gears now. Any uncertainty has gone imo. I think the uncertainty was definitely killing the sp but we now know big things are coming to OMI. The sp is way undervalued.
Phase 2 is as good as confirmed by the actions of Newmont/Agnico, Great results from Pepas, Brad can't buy shares due to being constantly in the know but he does get compensated by having options so fair enough imo, Newmont see this as one of their best projects or words to that effect, hopefully we should get more info on a timely basis....just a few points i picked up. All in all, Newmont/Agnico going ahead with Phase 2 says it all. OMI now in a much more solid footing going forward.
The sp has been surpressed for so long but now we see amazing drilling results and Phase 2 virtually guaranteed, so with such visibility the sp will have a lot more strength going forward. This is just the start of the re rate. With such a small float of shares. the MMs will try to grab shares where they can but the trend is definitely now to the upside in a big way. Could see a big squeeze upwards in the sp any time now imo
The MM's took full advantage of shareholders yesterday and managed to collect a few shares in the manipulated drop yesterday. Demand for shares will be very strong with what we know now. Now we have a very strong RNS showing some amazing drill results...the cat is now out of the bag and the re rate will begin in a big way imo. Phase 2 is now a given and we should get more results etc in a more timely fashion imo. Looking forward to the Webinar tonight.