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.
in response to stock_shark1's message

It's definitely an overused adjective, but I like the way it rolls off my tongue:  I have to agree with DEPLORABLE Bill on this.  Not likely to happen this month.  While I still believe this will get done, I have pretty much given up all hope that it will be anytime soon.  Just one disapointment after another.  We all have a lot of "dead" $ tied up here.  I guess the good news is that most of the downside has already hit us.  This past week's action was really annoying, to put it mildly.  

Anyway, wishing everyone a happy Christmas. And let's hope that we'll have definitively good, as in applaudable (not deplorable) news early in the new year. 

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AltonG
City
Basking Ridge
Rank
President
Activity Points
4848
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Date Joined
08/17/2011
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Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
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