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Bullboard - Stock Discussion Forum 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... see more

TSXV:OMG - Post Discussion

Omai Gold Mines Corp > Insider participation
View:
Post by Newmetals on Apr 18, 2022 10:10am

Insider participation

With the current financing I noticed there was no mention of insider participation. Are insiders participating. Also why is the CEO also the the QP.  I find that very odd when Omai has multiple geologists.  Why are they not QP so there is independence.
Comment by Ozark1 on Apr 22, 2022 11:32pm
A Financial Institution taking 16 mill share position is a great endorsement .
Comment by Newmetals on Apr 24, 2022 10:48am
A great endorsement?? That is what was said with Silvercorp and Sandstorm and look where the share price is today.  Show results rather than just endorsements. 
Comment by trooper22 on Apr 24, 2022 4:08pm
Negativity goes a long way to hurting stock price!  Insiders not selling, large institutional buying is a good sign.  You should re-read the news releases to see the potential near surface targets that have already yielded good results with further exploration required.  Broccoli Hill, Snake Hill, Gilt Creek along with the historical Wenot East extension and eastern flats.  ...more  
Comment by Ozark1 on Apr 26, 2022 5:47pm
Sandstorm's value lies in its Royalty. Silvercorp lost bid for Guyana Goldfields. Their objective is to see a mine built not speculate on sp. They maintained significant positions and are satisfied with resource increasing. Recent investors in last 2 placements are financial institutions. Their objective is to see sp increase. Great endorsement.