Greetings Investors! As many of you know, I have long believed that little Omineca Mining and Metals (TSXV-OMM; OTCQB-OMMSF) would become the third big winner for our Members thanks to the MacNeill family of Saskatchewan.
Many years back, as I recap in the introduction of THIS NEW VIDEO with OMM's C.E.O. Tom MacNeill, his late father Bill brought us the Seabee Mine in northern Saskatchewan. Much more spectacularly, Tom's brother Ken back when produced about a 60-bagger for us in his huge diamond discovery.
But whereas it looked like Omineca a few years back was set to be a big winner also (and for a while it was) myriad challenges and road blocks kept postponing the realization of pay dirt.
Until, it increasingly appears, now.
In OUR DISCUSSION, Tom and I go over the tantalizing history of British Columbia's famed, gold-rich Cariboo region generally and the Barkerville and Wingdam trends specifically. I urge you to dive into this, as OMM shares--if all continues to go well in this last home stretch--could well replicate what we enjoyed years back with the former Shore Gold of brother Ken, where we originally got in at around the C10 cents/share area and were selling in the C$5.00 - C$7.00 area a few years later!
BOTH parts of Omineca's potentially EXPLOSIVE story are represented in the above photo of gold pulled in one sample a dozen years ago.
As you listen to Tom, you'll get a sense for, first, the (relatively speaking) low-hanging fruit in "Part 1" of Omineca's story: what finally looks to be the imminent and ongoing recovery of meaningful amounts of buried placer gold at Wingdam.
With gold continuing to set new record prices almost by the week, the cash register could start ringing loudly within mere weeks!
The simmering "Part 2" of Omineca's story--which could potentially dwarf the other--is as the company has been seeking to find one or more of the sources for placer gold in this area.
Next door to the east is the multi-million ounce gold resource at Barkerville, now owned by Osisko. As Tom describes, it may be Omineca's turn for a similar discovery one of these days.
The case--and opportunity--are compelling, especially given that Omineca (like most smaller junior gold explorers) has yet to respond to the rise in the gold price.
All the best,
Chris Temple
Editor/Publisher
Sunday -- October 19, 2024
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