Post by
trooper22 on Jan 04, 2022 12:25pm
Increase in share price
The market should start to realize the potential of this property very soon. Investors will realize that Omai is not mined out and it just was not fully explored back in 2006 when they shut the mine down based on the low price of gold at the time ($300 per oz). With gold over $1800/oz and Omai drilling the property this could have a large resource estimate.
Looks like Silver Corp is keeping a low profile, but bet your bottom dollar they are interested in this property along with other companies. You never know we could have a bidding war down the road, but I am sure Silver Corp does not want that to happen. They might be increasing their shares of Omai on the down low!!!!! Just my opinion!!!
Comment by
Newmetals on Jan 04, 2022 6:38pm
I think you are implying Silvercorp is doing some trading illegally to bypass the rules????
Comment by
trooper22 on Jan 04, 2022 10:01pm
Not at all. The news release for the PP indicated "certain insiders subscribed" which would lead me to think possibly directors, but we will have to see who shows up on the "Canadain Insiders". 44,000,000 plus shares went somewhere. Maybe institutions? If Silver Corp subscribed we will soon find out!!!!
Comment by
SIGG1 on Jan 05, 2022 1:05pm
hey newmetals, why don't you call the company to ask those questions, asking these questions on this board won't get you any answers. also you seem very concerned about silvercorp so maybe you should just move on like you said the other day for that same reason. If you don't like it I'm sure you can find other companies out there... good luck
Comment by
Newmetals on Jan 05, 2022 8:51pm
I am asking the questions here on the board as trooper and Brucemoose are providing a lot of detailed info on the company.