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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 > Omai Wenot resource
View:
Post by Newmetals on May 11, 2022 2:15pm

Omai Wenot resource

This is all Omai had to do to retain credibility of a resource. This is cassiar a new resource update. They disclosed the strip ratio. Why did omg not disclose theirs and instead come up with some stupid lame excuse that it is not done. Complete BS and because of their inability to manage a resource update my shares fell to 8.5 cents. I think the strip ratio is ridiculously high and thats why they are not disclosing but not allowing us to make informed decisions. Also where are the drill results that was supposed to be out 6 weeks ago. Table 2 - Open-Pit Optimization Input Summary Inputs Units Au Recovery % 92 Exchange Rate US$:C$ 0.78 Au Price US$/oz 1,800 OPEX Mining Cost C$/t processed 15.00 Processing Cost C$/t processed 11.00 G&A Cost C$/t processed 4.50 External Mining Dilution % 5 Mining Recovery % 98 Pit Slope Angles Degrees 45 Strip Ratio Waste t: Above cut-off t 4.36:1 Previous
Comment by GoodMonkey on May 18, 2022 1:15pm
I'm sorry you are losing your shirt with this shiitty company
Comment by GoodMonkey on May 18, 2022 2:58pm
I meant shiitty stock, not company, I think the company as great potential. It looks like all the gold exploration companies are being dumped right now