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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

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Post by Goldk1ng on Apr 05, 2024 3:07pm

Buyout?

I wonder if a company will buy out Omai.
GXS was bought out by Mako and stock skyrocketed and they have far inferior results and PEA than Omai
Comment by trooper22 on Apr 05, 2024 3:44pm
I think Elaines and boards directors direction is to bring this mine to potential buyout.  Elaines expertise is geology and bringing mines to a buyout stage.  Elaine and Renaud Adams (CEO & Precident of IAMGOLD) have brought at least one other company to a buyout stage.  But saying that you cannot rule out a strategic partnership and bringing Omai to a mine operation.  ...more  
Comment by trooper22 on Apr 05, 2024 3:46pm
If they do go the production route, they will have to hire the expertise to bring it to this stage.  Elaine is a geologist and production is beyond her skillsets
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