Wednesday, March 27, 2024 5:34:57 AM
OMAI gold already has 2M ounces gold and likely will find as much or more. We already own a ton of their stock and sit on their board.
The mill is already in place. They might have to add new ball mills. A thought is, with a properly supported tunnel, under the mill they can expand on the other side without removing the plant that was left. This would save major money.
OMAI stock is still so cheap it would not take much money to get to 51 percent ownership now.
Next,
SVM might consider getting to 51 percent on New Pacific now. We are at 27.4 percent now. Again not much money to have control with mega silver and gold reserves for years to come. They could accomplish taking over OMAI and New Pacific likely for less than what Ore Corp was going to cost them.
Just al IMHO.
Boing X 2
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