Omineca Mining and Metals Ltd.

Gold exploration company in the heart of the Cariboo gold district of British Columbia. Maiden hard rock drilling program starting in 2020, combined with underground paleo-placer gold production, also starting in 2020.

Expert Comments:

The completion of Omineca Mining & Metals's drill program at Mouse Mountain and its ongoing operations and exploration at Wingdam are discussed in a Mackie Research Capital Corp. report.
read more >
Omineca Mining & Metals concluded five drill holes over 2,000 meters at CanAlaska Uranium's Mouse Mountain project.
read more >
headshot of Bill Newman

Bill Newman, Mackie Research Capital

"Omineca Mining & Metals Ltd. announced that it has completed a 2,000m drill program at Mouse Mountain, fulfilling its drilling commitment to earn a 50% interest in the project. . .the company is a compelling investment opportunity given that it could be on the cusp of establishing placer gold production at Wingdam."

Omineca Mining & Metals' two exploration programs at its Wingdam project are covered in a Mackie Research Capital Corp. report.
read more >

Bill Newman, Mackie Research Capital

"We are initiating coverage of Omineca Mining and Metals Ltd. with a Speculative Buy recommendation. . .the company is at the forefront of new Cariboo gold rush. . .potential catalysts include initial results from an ongoing placer gold bulk sample and assay results from a hardrock exploration drilling program, both currently underway at the company's flagship Wingdam property. . .We believe OMM is a compelling investment opportunity given that the Company could be on the cusp of establishing placer gold production. Exploration is also underway for the lode gold source of the Wingdam placer gold, which provides substantial speculative upside appeal."

Clive Maund,

"One gold stock that is shaping up well for another sizable upleg is Omineca Mining & Metals Ltd. . .the good news is that with the price now at what is suspected to be the right shoulder low of the head and shoulders bottom, we are believed to be at a great entry point here from a price/time perspective. . .the company is therefore rated an Immediate Buy here for all time frames."

Clive Maund,

"We bought a number of precious metal stocks before they broke out last week, but one of the ones we missed was Omineca Mining & Metals Ltd. So it is rather nice of it to react back after its powerful high volume breakout from a double bottom several days back, to give us the opportunity to buy it at a better price. . .the stock is believed to be starting a new major uptrend here and is therefore rated an Immediate Buy."

Omineca Mining and Metals Ltd. reported it has commenced dewatering at its Wingdam underground placer gold project located in B.C.'s Cariboo Mining District.
read more >

Clive Maund,

"After a rather heavy correction from its early July peak, Omineca Mining and Metals Ltd. has been basing near to its rising 200-day moving average and looks ready to start higher again from here. . .it made a tentative attempt to break higher over a week ago and has since reacted back to what looks like another good entry point and is viewed as a Buy here for another major upleg."

Clive Maund,

"Omineca Mining and Metals Ltd. is believed to be at a Buy spot here. . .moving averages are in bullish alignment. . .the volume pattern is bullish, and the sector correction looks about complete."

More Expert Comments

Experts Following This Company

headshot of Maurice Jackson
Maurice Jackson, Founder – Proven and Probable
Clive Maund –
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Gold
headshot of Bill Newman
Bill Newman, Senior Analyst, Energy – Mackie Research Capital
headshot of David H. Smith
David H. Smith, Analyst –
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

Company News

3/5/2021 – Omineca Announces Completion of Diamond Drill Program at Mouse Mountain

1/28/2021 – Omineca Announces the Commencement of Diamond Drilling at Mouse Mountain

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
Maiden hard rock drill program in a known gold region
Permitted paleo-placer bulk sample operation
A gold exploration company where the indicator mineral is gold
catalyst Calendar
Hard rock drill results
Production from paleo placer development
Expansion of land package and identification of Lode deposits