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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

Post by trooper22on Apr 06, 2024 12:35am
123 Views
Post# 35974447

Another posters opinion of PEA

Another posters opinion of PEAHere is a quote from another poster from another stock site giving his opinion on the PEA

"Traders exiting the stock today? A healthy pullback! I just read the Atrium Research report and things are actually much better than I understood them. I certainly noticed the part where in a $2,300 gold environment the NPV increases to US$900M. That's CDN$1.3B..!! And that's just for the portion of the property that was included in the PEA. Low Capex, existing infrastructure, low AISC, short payback period. I think Atrium's target of 40 cents may actually be understated. We shall see! GLTA."
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