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Omineca Mining and Metals Ltd V.OMM

Alternate Symbol(s):  OMMSF

Omineca Mining and Metals Ltd. is a Canada-based junior resource company. The Company's flagship Wingdam gold exploration and placer recovery project is located along the Barkerville Highway 45 kilometers (kms) east of the City of Quesnel. The Wingdam Property includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kms of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. It has exploration and evaluation properties into two geographical locations: British Columbia and the Yukon. In British Columbia, its properties include Abo, Fraser Canyon, Mouse Mountain and Wingdam. In Yukon, its property is Kiwi. The Fraser Canyon consists of around 2,221 hectares of placer claims and leases and 1,221 hectares of mineral claims. It has around 50% interest in the Mouse Mountain project.


TSXV:OMM - Post by User

Post by currency24on Feb 05, 2014 5:28pm
168 Views
Post# 22176830

BUYING/SELLING?REAL/PRETEND? JUNK? SELL

BUYING/SELLING?REAL/PRETEND? JUNK? SELLIts always interestng to view the ???Trading??? on OMM and other related stocks/common shareholders?? 

It would appear the same similar group of brokers once again appears to move the price UPUPUP on thin trading, such as BMO/Famous Anonymous? same Buyer/Seller??? Related? Real Buyer? Real Seller? who are the Real Buyers and Sellers?? Are the BIDS for Real???

Perhaps hopes to generate "Liquidity" for the unsuspecting buyer as they Sell their shares?

Perhaps tomorrow, we shall see Canaccord?MGI/BMO/Anonymous Tag Team, along with RBC join the games.

There is no real value for OMM, my opinion, they need over $10 mil plus plus, according to Tim to bring this property into production??? How are they going to raise these funds, not from their key share holder FNR - refer to FNR's filed financials? as well as FNR's submerging investments, Tom going to write a check????? 

Large and Mid Size Resource companies trying to sell productive assets in order to raise cash at bargin basement prices, therefore why invest in grass roots???

Bottom Line, Sell If you can secure the High Bid, but suggest put a Limit on your sell, in case the BID disappears and you end up selling at 4 cents? vs 8 cents?

All the above in my humble opinion and based on comments by OMM MGMT ( TIM) and discussions and status of financial MKTS, Declining Resource MKTS and published Sedar reports on OMM and OMM key share holder.
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