OMC omegacorp limited

I personally think that there is still a lot of 'playing' to be...

  1. 10,632 Posts.
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    I personally think that there is still a lot of 'playing' to be had here. I do belive that OMC directors have opened up the ops for further bids. For those of you 'hoping' (please note one 'P') that this was the 'next PDN' you may not be far off.

    PDN now has $250 million USD to 'play with'. Given that OMC's tenement look good you may find PDN in play for them.

    However, thoughts of $2 SP may be premature. J Borshoff stated at PDN's AGM that the biggest problem ATM with M & A is that the majority of U juniors/explorers is that the premium built into thier SP made them expensive, hence, unattractive.

    OMC may not have that premium built into their SP - I would suggest that they do.


 
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