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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Metals & Mining Gold
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

Omai Gold Mines Corp
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Comment by CSharpon Sep 23, 2003 12:31pm
63 Views
Post# 6448046

RE: Good news or Bad News ?

RE: Good news or Bad News ?I've asked myself the same question. They probably need the capital to stay affloat. If more shares are issued then the value is diluted?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities