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ORACLE MINING CORP V.OMN

"Oracle Mining Corp is engaged in the acquisition, exploration and development of mineral resource projects. The Company owns the Oracle Ridge copper project."


TSXV:OMN - Post by User

Comment by petergoldmannon Oct 19, 2012 5:11pm
247 Views
Post# 20504861

OMN #1 in Grade & #1 in share dilution

OMN #1 in Grade & #1 in share dilution

 

I have created a comparison of the average copper grades of major listed TSX junior companies in regards to their average copper grade. It clearly shows that Oracle Mining has the highest average copper grade on the market. I have only listed companies that have a minimum of 0.4% of copper. As you can see Oracle's grade is almost 7 times higher than Yellowhead Mining. 

Lets take a look at the share dilution while we are at it and guess what, Oracle Mining has also the lowest share dilution of all of these junior copper companies, only 39M shares out, compared to companies like Copper Fox with 395M shares an absolute dream for any institutional investor, fund manager and retail investor. 

And again I am asking myself why we are almost at a 52 week low? And don't tell me that it is the market, some of these companies listed below, with low sucker grades, insane share dilution and wothless news releases over the last few months are approaching 52 week high's. 

 

Abacus Mining.                                   Average grade                     0.42 %         213M shares
Augusta Resource Corp.                    Average grade                     0.49 %         144M shares
Candente Copper Corp.                     Average grade                     0.45 %         121M shares
Copper Fox Metals Inc.                      Average grade                     0.51 %         395M shares
Hana Mining Ltd.                                Average grade                     0.72 %           99M shares
Ivanhoe Mines Ltd.                             Average grade                     1.23 %          ------  shares
Los Andes Copper                              Average grade                     0.41 %          162M shares
Oracle Mining Corp.                            Average grade                     2.30 %            39M shares
Lumina Copper Corp                          Average grade                     0.52 %            40M shares
Minera Andes Inc                                Average grade                     0.62 %            79M shares
Nevada Copper Corp                          Average grade                     0.55 %            73M shares
Novagold Resources                           Average grade                     1.49 %          279M shares
Panoro Minerals Ltd.                           Average grade                     0.70 %          176M shares
Redhawk Resources Inc.                    Average grade                      0.88 %          146M shares
Serengeti Resources Inc.                    Average grade                     0.58 %            51M shares
Western Copper Corp.                        Average grade                      0.41 %           93M shares
Yellowhead Mining Inc.                       Average grade                      0.34 %            53M shares

 

 

 

 

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