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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 16, 2022 1:20pm
88 Views
Post# 34321847

RE:Wenot Open Pit

RE:Wenot Open Pit Buy now at a cheaper price or hold off and pay the price when enconomic resources are proven.  Your Choice!  Obviously Silvercorp is willing to wait but they have deeper pockets.  They know there will probably be another PP and they will still get cheaper shares to increase their ownership.  Investors already know that Wenot by itself as it currently stands is not an economic resource.  No one is saying that it is, so bringing up negative information is not needed.  As I mentioned before Omai needs 3,000,000 onces which will be proven with the new targets and Fennell historical drill results, I am pretty sure about that with the previsously annouced information.  The question "Newmetals" you should be asking yourself is how much will the resource be and how long can I sit on the side lines.  Wenot as it stands is only the start and whether you like the story or not it will get much better.  Enough said!
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