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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Omai Gold Mines Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the acquisition, exploration, evaluation, and development of mineral properties. The Company, through its wholly owned subsidiary, Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License and a 100% interest in the adjoining Eastern Flats Mining Permits. The Company is focused on the exploration of the past producing Omai Gold Mine in the Potaro Mining District of Guyana. The Omai property is located 165 km south-southwest of the capital city of Georgetown, Guyana. The Company also has a 100% ownership interest in the Grenfell Gold property in Kirkland Lake, Ontario.


TSXV:OMG - Post by User

Comment by trooper22on Apr 05, 2024 3:44pm
46 Views
Post# 35973697

RE:Buyout?

RE:Buyout?I think Elaines and boards directors direction is to bring this mine to potential buyout.  Elaines expertise is geology and bringing mines to a buyout stage.  Elaine and Renaud Adams (CEO & Precident of IAMGOLD) have brought at least one other company to a buyout stage.  But saying that you cannot rule out a strategic partnership and bringing Omai to a mine operation.  Elaine seem to indicate to bring Omai to a buyout stage on her interviews when asked, but did not come out and say it directly.  I am sure there are more than one company that has Omai on their radar.  There was a news article from a gold company who had 3 companies on their radar as a takeout and Omai was one of the three.  I am sure they will be looking at all the data from the PEA very closely.
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