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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Omai Gold Mines Corp. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration, evaluation and development of mineral properties. It holds a 100% interest in the Omai prospecting license that includes the past producing Omai Gold Mine in Guyana, and a 100% interest in the adjoining Eastern Flats Mining Permits. The Omai property is located within the prolific Guiana greenstone belt in Guyana, located on the north coast of South America. The Omai property consists of one 4,590-acre prospecting license granted directly from the government and held 100% by Omai Gold’s wholly owned subsidiary Avalon Gold Exploration Inc. (Guyana), and two Mining permits for medium scale operations totaling 1,519 acres are held 100% via a commercial contractual agreement with a Guyanese company.


TSXV:OMG - Post by User

Comment by trooper22on Jan 12, 2022 12:43pm
77 Views
Post# 34308747

RE:RE:RE:RE:RE:RE:Silver Corp Absence from Private Placement

RE:RE:RE:RE:RE:RE:Silver Corp Absence from Private Placement Paticence is very important on this stock which I know is very hard to do.  To tie up dollars and wait for results drives everyone crazy.  I think we need an indicated resource of close to 3 million oz which if you read through the technical reports from Iamgold from back in 2006 for Fennell the chance to get to those resources is very high, that is why insiders are not selling along with many institutional buyers.  Insiders are actually buying and exercising there warrant options. Everyone is holding to wait and see the drill results along with other high target areas.  It would be nice to get back to pre-consolidated share prices, but with the private placements I guess this is share price we have to live with in the short term. Elaine seems to be a bit more agressive in releasing a continuous flow of information to keep shareholders abreast to what is happening.

I would expect some NR hopefully next week with maybe a few more drill results. GLTA
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