“There are two ways to look at this play:
- The Company: OMM is a virtual “cherry”; only 18 million shares out with NovaGold holding around 10% as a result of the Copper Canyon hiveoff. OMM's major asset is its 400,000 ounce gold deposit near Harrison, BC.
- The Sully prospect: a huge un-drilled, unexplained anomaly at exploitable depth within sight of the Sullivan and the Kootenay King; both high grade lead/zinc silver mines. Complex thrust faulting throughout the area has thwarted numerous Sullivan 2 searches over the years but a well defined geophysical anomaly reduces the Sully equation to two parameters: a) It's mineralized, or, b) it's not.
Together they provide the most attractive stock play since the recent Yukon gold discovery and this dismal market deserves some sunlight.” From Grassyknoll on the Omineca Mining and Metals (TSX: V.OMM, Stock Forum) board.
Top Bullboard:
Great Western Minerals Group (TSX: V.GWG, Stock Forum) received the second-most reads and posts.
Top blog:
fredski presents an article on how the Saudis have shocked and awed the oil markets in the Carpe Diem blog.