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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 19, 2014 10:29pm
174 Views
Post# 22228136

TRADING??REAL? SUSPECT??DEAD$$$?BIG SELL

TRADING??REAL? SUSPECT??DEAD$$$?BIG SELLIt is interesting that there is any activity on OMM from a buy side, for OMM is DEAD MONEY with NO FUTURE in this MKT or  for some time to come? OMM Needs more than $10 Mil PLUS PLUS according to MGMT comments in order to bring this operation into production then you have the usual cost over runs. 

BUYING - Who are the Buyers and Who are the Sellers?? Appears the same crowd on related companies, Un named Traders, are pushing up the price nd generating liquidity in order to generate buying?? so they can SELLLL?? my opinion, to unsuspecting buyers??? 

ARE THE BIDS for REAL?? or NOT.

Where is OMM going to raise the funds to bring this into production?? FNR tried hard prior to formation of OMM, to find a buyer or major investor and they struck out.

Buyers should AVOID, in my humble opinion plenty of ggod companies at better and less risky prices. If you own suggest selling that is if you can secure the BID. SELL SELL

All the above in my humble opinion and based on observations and experience.
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