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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 ndiamondon Feb 27, 2013 6:17pm
104 Views
Post# 21051595

RE: OMN Report February

RE: OMN Report February

Actually most of the resource stocks I own have similar (or worse charts) in February.   As everyone has heard or read or knows, it's been tough slogging for resource companies for the last while - right across the board.

Why I continue to accumulate OMN is b/c I like the project (high grade copper), it is near term production, the company is well funded, it has significant mining/resource groups as shareholders, strong management.    This same management group had the share price well over $2.00 not too long ago (hitting $2.50 about two years ago).   It'll get there again.    In these markets, you have to buy quality companies (see the list above).

Best of luck to all shareholders.

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