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

Add To Watchlist

TSXV:OMG - Post Discussion

Omai Gold Mines Corp > The wall will eventually come down

View:

Post by trooper22 on Feb 27, 2024 5:24pm

The wall will eventually come down

Once institutions start to figure out that this mine was not depleted back in 2005/06, the buying will really start to happen and the stock price should rise. Omai was not fully explored back in 2005 by sinking some drill holes due to the low gold price ($400) at the time and previous operator found another property which had less exploring. But lucky for us they had some valuable historic core samples, with photos and all the back up data for Guilt Creek, plus other drill results from 2012 which also had to be verified. With the guidance of Renaud Adams (CEO now of I AM Gold) and Elaine's geological experience we have be able to fast track this property to where it is now. There is interest out there that is why we are seeing a wall put up at both ends to keep the stock price where it is. Omai might all of a sudden start to fly. Keep your fingers crossed!