Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Shorts

Omagine

almost 10 years ago

Re: Shorts

Omagine

almost 10 years ago

Re: Shorts

Omagine

almost 10 years ago

CLARKSTER, thanx for the information. I shall assume then that Mr.and/or Ms. Harrell felt that the "shorts" were exercising that "limited exception" to excess, shortly after the DA was signed. In any event, it does appear that publicity spurred on by positive news releases (8K's et al.) will be the catalysts that keep the price moving upward; not in a straight line as we'd all like to see,but rather ratcheting forward with an upward bias, --Bill. P.S. I shall be waiting for future "dips" to add to my positions. I'll keep you posted.