Post by
Runandcoke on Dec 20, 2023 9:40am
Switch RGD to OMG ?
so a buddy is switching out of RGD ( 477 MM Market Cap ) to OMG ( 23 MM Market Cap )
same jurisdiction and roughly the same stage of development ( drilled out / PEA pending / Inital resource calculated ) but I think RGD is bigger and better grades ? THOUGHTS PLEASE
Reunion Gold Corporation is a leading gold explorer and developer in the Guiana Shield, South America. In early 2021, the Company announced an exciting new greenfield gold discovery at the Kairuni zone on its Oko West project in Guyana, and in June 2023, the Company announced an initial Mineral Resource Estimate containing 2.475 Moz of gold in Indicated resources grading 1.84 g/t Au and 1.762 Moz of gold in Inferred resources grading at 2.02 g/t (see NI 43-101 Technical Report Oko West Gold Project dated effective June 1, 2023
Omai Gold Mines Corp. 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 Company announced an updated NI 43-101 Mineral Resource Estimate ("MRE") October 20, 2022 that includes 1.9 million ounces of gold (indicated) and 1.8 million ounces (inferred)1. Once South America's largest producing gold mine