Ominica ready to Launch!
It seem there are some very significant developments at OMM.
The palio-channel nut, that has defied the most seasoned of gold miners over the past 100 years has been cracked and is now a reality and making gold. How much gold you might ask .. well, the company has indicated that they will be announcing recoveries in due course. This is an incredible accomplishment. They did shelve the project due to commodity price and then had to wait out massive flooding and the Covid complications, but at the end of the day, they got it done and we should be getting results soon. Fingers crossed.
The Company has amassed an enormous block of acreage in what could be one of the richest gold properties in Canada. With the deep channel now operational and paying them a carried working interest of sorts with fixed costs to Ominica, they have now raised money to initiate/continue and expand their hard rock exploration project.
These were the boys that were on the ground floor and did the work on the Barkerville property now owned by Osisko and it is now one of the largest contiguous gold property in the world with 10 rigs drilling it up.
OMM could use an IR person on their team .. just to keep us all up to date but otherwise all good.
Seems like a well-oiled machine to me and I bought more. All IMHO.
All the best to longs,
DYODD
Doc.