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Orosur Mining Inc V.OMI

Alternate Symbol(s):  OROXF

Orosur Mining Inc. is a Canada-based mineral exploration company. The Company has 100% ownership interest in its flagship Anza gold project in Colombia. Anza is a gold exploration project, comprising three exploration licenses, four exploration license applications, and a small exploitation permit, totaling in aggregate 207.5 square kilometers (km2) in the prolific Mid-Cauca belt of Colombia. The project is located 50 kilometers (km) west of Medellin and is easily accessible by all-weather roads and boasts infrastructure, including water, power, communications and large exploration camp. The El Pantano Project is an early-stage gold and silver exploration project in the Deseado Massif region of Santa Cruz state in southern Argentina. The El Pantano Project comprises nine contiguous exploration licenses that total 607km2. The Lithium West Project at inception comprised four exploration licenses across Nigeria's primary pegmatite belt, covering a total of circa 322Km2.


TSXV:OMI - Post by User

Bullboard Posts
Post by Dow20000on Nov 18, 2017 5:07pm
132 Views
Post# 26990306

AGM

AGM
Management issued new options to Directors and Officers of 715000 in addition 1410000 to
employees for a total of 1925000 There are now a total of 9124093 options outstanding all at $ 0.24 or lower.Broken down=5277000 to Directors and Officers and 3847093 to employees.It looks like emloyees and or Management need to cash in before Christmas to buy presents since the company can't afford to pay enough to their employees.There is no incentive for Management to grow this company and share price since all 9 Million plus options are $0.24 or less.They should be at a minimum of $ 0.50.As soon as the share price goes up by only 2 or 3 cents employees exercise their options.It happened last year just before Xmas and I bet it will happen again this year.So if you think that you canmake money investing in this company I suggest you buy at $ 0.24 and sell at $ 0.29 for a nickel,that's all you are going to see in the next 12 month.It is time to fire the whole lot.
Bullboard Posts