Fabulous increase in value......EK has been tipping this one....for some time now.

Top performer today Harry and plenty for to come imo.

Interesting one. Have been trading PAF but getting a bit overbought at mo. This looks like it has a way to go, assuming gold continues to rise.

Not possible to buy at the moment via Equiniti (Selftrade). Think I will leave alone if it's that difficult to trade.

Good luck Harry approaching 20p today.

paid 17.27 6..7..16 i have to believe gold to go up from 1374 oz am looking
for a better gold stock ? BB

Cantor Fitzgerald today reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and raised its price target to 32p (from 26p)

"While our estimates will need some adjustments, based on a US$1,321/oz gold price we are currently forecasting a significant increase in OMI's earnings next year, placing OMI on multiples of just 1.2x EV/EBITDA [enterprise value/underlying earnings] and 2.4x P/E [price/earnings] despite the share price having doubling in the past 12 months. Hence, we believe there must be more upside to the share price from this level and we reiterate our BUY recommendation and TP [target price] of 32p.” said Cantor’s Robin Byde.

Great chart.

Nice to see the next leg up. Gold currently at $1355 p/oz

Orosur Mining Inc. - Notice of Results for the Full Year Ended May 31, 2016

Orosur Mining Inc.
Orosur Mining Inc. (Orosur or the Company) (TSX/AIM: OMI), a South American-focused gold producer, developer and explorer is pleased to announce that it will deliver the results for the fiscal year ended May 31, 2016, on Tuesday 16 August, 2016.

There will be a conference call for analysts and investors at 15:00 BST / 10:00 EDT / 07:00 PST on 16 August, 2016 hosted by CEO Ignacio Salazar. A copy of the results announcement and presentation, including dial in details for the call, will be posted on the Company's website: www.orosur.ca on the morning of results.

StockMarketWire.com
Orosur has narrowed its FY pretax loss to $3.2m, from a loss of $49.4m. Sales came in at $42.9m, from $65.9m.

The period was hurt by impairments of $4.2m, from $14.7m, and exploration expenses and exploration written off of $351,000, from $27.9m.

Gold production totalled 35,773 oz, which was ahead of guidance for 30,000-35,000 oz. FY 2015 production was 53,485 oz.

Cash operating costs totalled $877/oz, from $912/oz. The company's forecast production guidance for FY 2017 is increased to between 35,000 to 40,000 ounces of gold at operating cash costs of between US$800 to US$900 per ounce.

This represents an improvement compared to last year's delivered results and guidance (30-35 koz at US$850-950/oz operating cash costs).

Orosur expected to benefit from the savings generated by the ongoing optimization of operations as well as higher grades from the San Gregorio West Underground project.

Big move down on weaker gold price this morning.

goldplay pundits bloomberg ect all say gold to up , OMI to follow BB

Pre August holiday selling in OMI? Gold has been up and down over the last few days, but agree that gold will probably strengthen over the coming months.

Deutcha bank statement 30.8.16 gold to go to 1700. Dent say no hedge against
mkt crash. my feeling is gold should go up , because of Quatum easing , ie
money printed . BB

movement in gold, at present comes from rate hike $ clinton trump election, = uncerternty, gold to spike ? 1374 BB

Moved up 10% today.

Orosur Mining Inc. (Orosur or the Company) (TSX/AIM: OMI), a South American-focused gold producer, developer and explorer is pleased to announce the results for its 2017 first quarter ended August 31, 2016 (Q1 17 or the Quarter).

Highlights of Q1 FY17
Gold production of 9,950 oz, on the higher end of the Companys 35,000 40,000 oz guidance for the full year (Q1 16: 12,471 oz).
Cash operating costs of US$693/oz, significantly beating guidance of between US$800 to US$900/oz (Q1 16: US$954/oz).
All-In-Sustaining costs (AISC) of US$989/oz (Q1 16: US$1,166/oz). The Company has maintained AISC below US$1,000/oz for the last three consecutive quarters now.
Net profit after tax of US$2.8M (Q1 16: loss of US$1.7M).
Cash generated from operations of US$4.8M (Q1 16: US$0.2M).
Total cash balance of US$5.0M (Q1 16: US$4.3M).

FY17 Outlook & Guidance
The Company's forecast production guidance for FY17 remains between 35,000 to 40,000 oz of gold at operating cash costs of between US$800 - US$900/oz.

As in the past, variations in production and unit costs are expected to occur, quarter on quarter, as the mine plan draws ore from multiple sources at varying grades, stages of development and stripping factors. The Company expects to have higher unit costs in Q2 as underground staff and equipment are transferred from the Arenal UG operation in its final months of production to the SGW UG development which is expected to commence production by the end of November 2016.

Ignacio Salazar, CEO of Orosur, said:
We are very pleased to announce a strong quarter with cash operating costs below US$700/oz, AISC below US$1,000/oz, net profit US$2.8M and cash from operations of US$4.8M. The commitment, additional work load and the tough decisions the team has had to assume during the past year has positioned the Company well to take advantage of gold price improvements this year and we are delighted to be seeing the benefits.

I believe the financial results speak for themselves, and taken together with the exploration and development progress we reported last week, show this is an exciting time for the Company. That said, we remain as pro-active as ever and are committed to making the most of the current position of the Company for the benefit of our shareholders and team. I very much look forward to the work and results ahead.

landmark point date. DEC 2016 MUSLIMS WILL BE ABLE TO BUY GOLD 19.12.16.
omi 12/12.75 gold @ 1136 date 15.12.16.

Gold through $1200 / oz

Orosur Mining Inc. H1 2017 Results: $3.7M Profit, $7.0M Cash From Operations and New San Gregorio UG Mine Put into Production.

OPERATIONAL HIGHLIGHTS
The San Gregorio West Underground (SGW UG) mine commenced full production from its maiden stope on November 24, 2016
Project completed on budget and on schedule following a safe and efficient transition of equipment and staff from Arenal
Construction included over 883m of horizontal development and approximately 663m of infill diamond drilling from 13 underground holes comprising the bulk of the zones to be mined within the existing FY17 SGW mine plan
An additional 90,000 tonnes at 1.4 g/t Au not previously in the mine-plan were produced at Arenal UG mine prior to its planned closure at the end of Q2 17, deferring higher grade production from SGW UG
Production for the Quarter of 6,852 oz was, as previously guided, affected by the transition from Arenal UG to the new SGW UG mine
FINANCIAL HIGHLIGHTS
Quarterly cash operating costs were $914/oz, in line with expectations(Q2 16: $858/oz)
Guidance for FY 17 remains $800 to $900/oz
Additional development capex related to the contruction of the SGW UG mine in Uruguay resulted in All-In-Sustaining costs (AISC) for the Quarter of $1,345/oz (Q2 16: $1,095/oz)
Transition from Arenal UG to the new SGW UG mine led to an increase on Capital Expenditure (capex) to $3.8M (Q2 16: $0.9M)
Cash generated from operations increased in Q2 17 to $2.2M (Q2 16: $0.9M). Total cash balance at period end of $5.4M, increased from Q1 17: $5.0M, and FY 16: $4.3M
Q2 17 Net profit after tax of $0.9M (Q2 16: loss of $0.9M)
Average gold price for the quarter was $1,252/oz (Q2 16: 1,100/oz)
OUTLOOK
Exploration drilling in and around the San Gregorio UG area has yielded positive results, successfully intersecting gold mineralization in every hole, which are expected to significantly enhance mine economics and increase reserves and resources in the short and medium term. Further drilling is underway
During H2 FY17, the Company plans to accelerate exploration in open pit targets around the San Gregorio plant after receiving several permits and to drill seven RC/DD holes (1,600m) in the Arenal-SG corridor to test the occurrence of what could be a relatively large deposit.
In Colombia, the Company is finalizing a geological model of its high grade Anz gold project project to determine the exploratory potential with the assistance of Mine Development Associates (MDA) of Reno, Nevada. The results of this work are expected to be announced shortly.

Ignacio Salazar, CEO of Orosur, said:
Operations remain healthy and profitable, with $7M of cash generated in the first half of our fiscal 2017. The successful transition to San Gregorio UG as the Companys primary source of ore feed to the plant in Uruguay, was a significant achievement for Orosur. The SGW UG mine successfully started production from its first stope on November 24 on time and within budget.
The transition, achieved in a safe, professional manner, represents a significant technical and operational achievement and I am pleased with the technical capacity and execution demonstrated by our team. It was financed entirely from operational cash flow helped by the efficient transfer of equipment and staff between the two undergound mines.
In parallel, more active and aggressive exploration work in Uruguay appears to have a good likelikood of enhancing the San Gregorio underground project and advancing the open pit projects around the plant. In Colombia, we are making good progress in the geological interpretation and modelling of our high grade Anz gold project and expect to be updating the market shortly.