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Bullboard - Stock Discussion Forum Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Metals & Mining Gold
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 > Buyout?
View:
Post by Goldk1ng on Apr 05, 2024 3:07pm

Buyout?

I wonder if a company will buy out Omai.
GXS was bought out by Mako and stock skyrocketed and they have far inferior results and PEA than Omai
Comment by trooper22 on Apr 05, 2024 3:44pm
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.  ...more  
Comment by trooper22 on Apr 05, 2024 3:46pm
If they do go the production route, they will have to hire the expertise to bring it to this stage.  Elaine is a geologist and production is beyond her skillsets
Omai Gold Mines Corp