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Bullboard - Stock Discussion Forum 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... see more

TSXV:OMG - Post Discussion

Omai Gold Mines Corp > Wall up on stock price
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Post by trooper22 on Feb 09, 2024 11:03am

Wall up on stock price

Seems like there is a wall up for the stock price. Someone or some institution is trying to keep the price in its current range.  Maybe trying to shake out impatient investors and trying to pick up some cheap shares.  Things are really looking good for Omai.  Elaine has things going the right direction.  Some company will be trolling around and hopefully as I mention a couple years back we will getting a bidding war for this property.  A good portion of the infrustructure has been delt with in comparison to some other properties.  A company can get Omai into production in a much shorter period of time.  The property is getting to the point where there is longer mine life which should get some mid tier or mabe even a larger company interested in purchasing Omai.  Lets keep are fingers crossed!  If we have to bring on a farm in partner to bring this property into production would not hurt my feelings at all.  It just might take a bit longer to see investors increase their stock value.  At any rate once the PEA is completed, I would hope that the stock price will reflect what is in the ground.
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