Bullboard - Stock Discussion Forum 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... see more

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TSXV:OMG - Post Discussion

Omai Gold Mines Corp > Great News - 100 Gram meters, backed up by the insiders

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Post by checkmate28 on Jul 18, 2023 3:56pm

Great News - 100 Gram meters, backed up by the insiders

https://money.tmx.com/quote/OMG/news/8932352391044820/Omai_Gold_Drills_518_gt_Au_over_202_m_including_127_gt_Au_over_79_m_and_586_gt_over_130_m_at_Wenot

Including this quote
An unusually high volume of trading in the Company's stock late last week resulted in downward pressure in the stock price. The Company is not aware of any negative news or developments that would account for this. The Company has a cash position of over $2 million, sufficient to complete the planned drilling and the updated mineral resource planned for later this year. Our plan is to consider proceeding with a PEA immediately thereafter.

Confirmed by heavy insider buying. Probably more filings on the way

Filed 2023-07-18 10:21 Tx date 2023-07-18	$OMG Omai Gold Mines Corp. (formerly Anconia Resources Corp.)	Dudek, Don 4 - Director of Issuer Direct Ownership	Common Shares 10 - Acquisition or disposition in the public market	$26,400 +660,000 vol $0.04 each	2,670,682