Member Info for zapsnap

Yes v strange comment. I don't know of a company that has drilled and then did not provide an outcome.

All AIM shares are predominantly driven by sentiment.
like any other mining company that is drilling, one looks at location of drilling, potential (size and probability of success) and current mcap.
AIM is a risk. the question is really whether the risk-reward is attractive.
WSBN will not be for everyone. but i am still bullish on Gold. history always repeats itself, look at the macros.
GLA

Nobody - I do not disagree with you. Currently sentiment across the entire market is subdued and hence my comments which were made on the back of someone saying that this would fall back to 10% (0.9p) if drill was unsuccessful.

but i do think in the coming weeks this will be over 12p; maybe 15p. If this happens then it will fall back to 8-9p if drill results poor.

*i meant drill not mine

I dont think you can compare oil, gas mining to mineral mining.
gas, oil costs to mine are absolutely huge and if a duster, the company has normally spent lion share of cash.

Hi Mike,
I know where you are coming from but i am quite happy with the risk/reward.
But lets say no gold (which is unlikely) or poor grades then i think likely scenario is 5-6p.
If this was oil then yes 10% back would have been a reasonable assumption.

anyway good luck whatever your position.

So i am now fully loaded with total 400000 shares. just bought 75000.
huge holding for me but i do think this will come out good. I expect results WITHIN the next 2-3 weeks
GLA

Iamrich
I am expecting much more than 20p. The point I was trying to make but perhaps not very well is that any dip is small compared to the upside.

The real question is - when do you load up? now or wait for a possible dip.
Then you ask how much could it dip (possible 8p?) and how far up can it go (20p plus?)?

i am almost fully loaded. so to avoid any doubt i have 325k shares. i am looking to buy another 75K but if i miss the opportunity i am still happy with what i have.
GLA

I expect results in about 2-3 weeks
Is that too optimistic given the general delays?

this was 8p not so long ago, so short term peeps bought and sold.
not really interested in the 10% club
this will creep up to 12-13p pre RNS IMHO.
but given the location of the drilling, i am inclined to stay put for 20p plus

I can get a quote to sell 325k shares. not able to do this for quite sometime. so looks strong to me. GLA

thanks inphobe and starresnstoff!
i am in

I have read through RNSs but unsure whether the technology enables bedside testing. I appreciate that it only takes a few minutes and that is amazing but does it need to be sent to the lab?

this looks like its going to blow! GLA to all holders.

The 25% increase to around 13p.
The 13p is nothing unexpected. I fully expect to see 20p plus and even the thought of selling some wont cross my mind until 25p.
what is nice to see is that without much/any news, there is still significant interest to give this a 25% uplift. All i can say is that there is a lot of money waiting to buy OMI. GLA

Another 50000. will it go sub 10p. who know?
I do think any sniff of news and we will see this fly and peeps will be trying to get in, having waited.
I remember no one wanted this for 4p. Plenty could be bought but you could not sell a bean.

Why did i buy now? generally speaking if a company does offer value in the long term, a good time to buy is when even the positive posters feel sl dismayed. i also feel slightly annoyed, hence the purchase! call me crazy!

Hi Dan. I do get that but i thought we were fully funded until the raise.
I hope and expect that this money will be used for further drilling. This is a super project and only the start of a multi million oz.

It is indeed v frustrating that raise happened at 10p. i am sure they could have done it at 13p but perhaps chose to wait.
unless they use the money to do further drilling in the coming months, this for me is a kick in the mid section.
i expected to be "part of" the next raise as part of the funding.

really thought we would see 10p today from the outset.
difficult to understand the disparity. Markets often make no sense but even when it is this obvious?
Have i missed something?