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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 21, 2015 10:34am
123 Views
Post# 23450971

QUESTIONS for MGMT ? LIQUIDITY? CROWD FUNDING?

QUESTIONS for MGMT ? LIQUIDITY? CROWD FUNDING?Questions for Tim:

A. Where are the Updated Feasability and Economic Studies. Please post them.

B. Production plans and how are you going to raise these funds?

C. I noted, something you should look into, on such a small project, is Crowd Funding. At the PDAC they are going to have information/station on Crowdfunding and it might be a good place to look into.

D. Liquidity - where there is small float - you are or will see swings in prices - BUYER and SELLER should beware

E. Tim are you concerned about FNR's holdings, if they need to sell/raise cash. Refer to FNR's 2013 Audited Financial Report on SEDAR - with Auditors Emphasis of Matter Comment. Looking forward to the 2014 Audited Financial Report. We have seen these situations where a large share holders had to sell, Pintree Capital was a good example in the past.

All the above in my humble opinion and based on MKTS and Public Info./SEDAR
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