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Bullboard - Stock Discussion Forum ORACLE MINING CORP V.OMN

"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 > This new disclosure and what does it mean.
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Post by jojo57 on Oct 16, 2012 1:14pm

This new disclosure and what does it mean.

I hope I'm wrong. but does this mean that the information we all were given prior to this was all bull and the mine that was once set to be running next year is now a question if there is even a recourse? Can anyone please clarify this for me please.
Comment by jojo57 on Oct 17, 2012 10:57pm
Thank you for your reply Soulpower , I have yet to contact management. but i believe your right if the news was bad the market would have responded. But I guess it wouldn't;t hurt to ask where things stand as for their prediction of mine being built and brought into production.
Comment by ndiamond on Oct 18, 2012 1:42am
The "clarifications" requested by the BCSC were a non-event.   I continue to accumulate shares at current cheap levels.    There will be big upside one the permitting is complete, once the 43-101 report of feasibilty report are completed.   I think we may see $2.00 to $3.00 within 12 months.
Comment by petergoldmann on Oct 19, 2012 5:27am
I am asking myself the same question. How is it possible that people are selling at 90 cents and that we are only 2 cents away from a 52 week low? I invested a substantial amount into this company, which has managed to break all of my expectations in a one of the toughest financial markets the resource sector has seen in decades. With $100 Million secured in financing, fully funded till ...more  
Comment by petergoldmann on Oct 19, 2012 5:11pm
  I have created a comparison of the average copper grades of major listed TSX junior companies in regards to their average copper grade. It clearly shows that Oracle Mining has the highest average copper grade on the market. I have only listed companies that have a minimum of 0.4% of copper. As you can see Oracle's grade is almost 7 times higher than Yellowhead Mining. ...more  
Comment by ndiamond on Oct 22, 2012 11:10pm
Very informative posts, petergoldman.  You summarize the opportunity quite well.     I hold a significant position as well and am bidding for more at these depressed levels.    Value will be realized...big win coming.
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