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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 > Definately looks like stock price is being held down
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Post by trooper22 on Nov 20, 2024 2:31pm

Definately looks like stock price is being held down

Definately looks like stock is being held down. Is it because of upcoming AGM and stock options? Or is it to look attractive at OMG next mining conference? Maybe it is a wait and see what the new mineral resource looks like along with the new updated PEA that will include Guilt Creek and the new mineral resource. Who knows for sure, but I don't there is going to be and stock price movement in this remainder of the year. It is holding up well.  Many have been here for a while and we are not selling now. Hold tight and if you can make them pay the higher premium for this stock. glta
Comment by purebulls on Nov 21, 2024 8:06am
Warrants   Expiry    Strike Price  3,368,400  Dec 22, 2024  $0.05 159,000 Feb 2, 2025 $0.07 14,733,700 Aug 2, 2025 $0.11 1,422,615 Feb 2, 2026 $0.07 7,583,333 Jun 20, 2026 $0.12
Comment by purebulls on Nov 21, 2024 8:11am
Another 3 million coming in dec. I'm pretty sure those will hit the market.  Easy money.  But could drop the price a bit.  
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