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.
Re: Inquiry
about 9 years ago
0
0
0
1
in response to oiler85's message

OILMAN, you are stating the obvious. I'm sure most investers know that the price of a stock is determined by buyers an sellers---whether they are long or short. What normally (let's put emotion,the old herd mentality and panic to the side for the time being) will move a stock up is profits or anticipation of potential for profits of a company . However if that was all, it would be a bit mundane. It's when you add those items I asked "to put on the side for the time being" that makes an investor's greed really shine. Yup, ypu gotta have someone ready willing and able to drive the price up--and actually pay that higher price--before it moves. Hopefully the news items I pointed out in my last post will be forthcoming. Then those "greedy" buyers will appear at our doorstep, Bill.

Please login to post a reply
bill4810
City
Holland, Pa.
Rank
President
Activity Points
4466
Rating
Your Rating
Date Joined
04/13/2009
Social Links
Private Message
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
Create a Post