While the post May period has witnessed decent stabilisation for Orosur Mining (OMI) on its daily chart, this is probably the minimum that would be expected in terms of a bumping along the bottom experience in the wake of the painful meltdown for the shares seen in March to May from 45p plus to below 10p.
Following Shareprophets teaming up with spreadbetting company ETX, I have entered a charity Christmas trading challenge with Tom Winnifrith. I haven’t spreadbet before and tend to focus on longer-term investments but, for a good cause, here goes…
Shareprophets can reveal that infamous bear raider Evil Knievil has acquired a near disclosable stake in AIM listed Orosur Mining (OMI) after buying heavily at c7p. The shares are now 9.875p valuing Orosur at £7 million but Knievil (the alias of Simon Cawkwell) argues that on a break-up basis the gold producer is worth $30 million.
AIM and Canada-listed, South American focussed gold producer and explorer, Orosur Mining (OMI) has announced it has commenced drilling of an initial 3,000 metres to test the highest priority targets at its Anillo gold-silver prospect in Chile, with this expected to conclude by late June and analytical data to become available during July-August.
AIM and Canada-listed, South American focussed gold producer and explorer, Orosur Mining (OMI) is a company I followed from 2010 on a website I formerly wrote for.
I recommended shares in AIM and Canada listed Orosur Mining (OMI) – which operates the only producing gold mine in Uruguay (San Gregorio) and has additional exploration acreage in Uruguay and Chile – in May 2010 at 24.25p on t1ps.com, the website I left in September 12 years after I founded it . The shares currently trade at 40.5p
