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Bullboard - Stock Discussion Forum ORACLE MINING CORP V.OMN

Metals & Mining Industrial Metals & Minerals
"Oracle Mining Corp is engaged in the acquisition, exploration and development of mineral resource projects. The Company owns the Oracle Ridge copper project."

TSXV:OMN - Post Discussion

ORACLE MINING CORP > any future?
View:
Post by soulpower on Dec 05, 2011 12:10pm

any future?

does this stock have any future at all? still no word.? comments anyone?
Comment by ndiamond on Dec 06, 2011 2:24am
I continue to accumulate OMN at these levels.    IMO, very limited downside and huge upside.      Lots of cash, strong management team, excellent high grade copper mine (past producer) as the main asset....definitely a bright future.   Markets are tough lately but the significant value here will be realized in due course...so am okay buying and ...more  
Comment by soulpower on Dec 06, 2011 2:08pm
would you think their cash is dwindling by now? as of september 30th I believe they ony have 11 miilion? what happen to the final report. i was under the impression it was suppose to be out by september? or am i wrong?how will they finance the opening? share dilution? when will they open the mine? no news is disturbing. their news flow has no substance (ie website etc).....Hope youre right, I' ...more  
Comment by ndiamond on Dec 06, 2011 7:30pm
$ 9 million ?  $10 million?   Still a very healthy treasury.     Most junior companies would be envious.Look at the general markets, they are tough right now.   Not only OMN that is "suffering".    I treat it as an opportunity to buy more shares (at cheap levels) of companies that I like and believe will pay off in time b/c they ...more  
Comment by consultant99 on Jan 12, 2012 12:25pm
The announced TSE listing beginning Jan 13 looks to be having a positive impact today; a little bump in the share price and some trading volume. Analyst report suggest a valuation of over $3 per share although with most mining companies that SP may not be attainable until a plan is in place to secure funding to build a mine. What we are likely seeing is a market valuation today based on the ...more  
ORACLE MINING CORP
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