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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 > Omai Assets will get noticed
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Post by trooper22 on Mar 21, 2024 9:35am

Omai Assets will get noticed

  • $12.8 billion in very good grade gold resources and climbing. Grades increasing with depth
  • 4.3 million ozs that are expanding at a brownfield site with some key infrastructure already in place, which will likely show a low cost high margin mine in coming PEA
  • drilling has started to increase mineral resources
  • support of the President of the country and local community with experience past Omai mine workers close to mine site
  • proven high recoveries +90%
  • At least one know large gold company who has Omai on its radar
  • trades at 1/10 it’s immediately peer with a mc of $43 million and an industry lead finding cost of sub $3 an oz with tremendous discovery potential as well
  • $43 million MC
  • gold hitting new all time highs, well over $2,200
Comment by Goldk1ng on Mar 21, 2024 11:18am
What do you see the stock price hitting after PEA and once mining actually gets underway?
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