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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 silver50goldon Nov 17, 2014 12:36pm
287 Views
Post# 23136348

RE:sign of good things coming ?

RE:sign of good things coming ?This is great news...why is there zero buying?
OMN has such a small float out.

"Vincere is a private entity specializing in investing in late-stage mining projects that can be taken into production within 18 months."

"the Rich Stone debt will be managed by converting $4-million (Canadian) into common shares at a conversion price of 30 Canadian cents per common share and $1-million (Canadian) into common shares at a conversion price of 37 Canadian cents per common share, repaying $1-million (Canadian) to Rich Stone and Rich Stone forgiving $120,000 (Canadian) of the Rich Stone debt."


With little free-trading paper this could double or triple easily and with a little promotion it could hit it's 52 week high.

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