Atrium Research update monthly reportThis is the paragragh in the article:
"Goldsource Mines (GXS:TSXV), a peer of Omai Gold Mines Corp. (OMG:TSXV, BUY C$0.30 TARGET) is to be acquired by Mako Mining Corp. We want to highlight this acquisition to OMG shareholders as Mako is paying ~$21/oz of Au inthe-ground for 1.75Moz at 1.1 g/t Au. This compares to where Omai is currently trading at $12/oz Au in-the-ground (despite the recent run up in share price). However, Omai’s resource is substantially larger and higher grade (~4.3Moz at ~2.2 g/t Au) and is a brownfields project which we believe would justify a much higher premium in the case of an acquisition. We note that Omai is planning to release a PEA on the Omai Gold Project within the next month."
Article link:
https://bit.ly/3VH5nHP