Email Updates

AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Land value increase

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

AGORACOM

Rank: [?]

President

Points: [?]

11204

Rating: [?]

Votes: 30 Score: 4.0

Currently 4.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Land value increase

in response to Land value increase by stock_shark1

posted on Mar 07, 08 06:21AM

Dear stock_shark1, thank you for your inquiry. As stated in Omagine's previous SEC reports, the Omagine Site’s value will be definitively determined by a qualified independent real-estate appraiser subsequent to the signing of the Development Agreement. To date no such formal valuation or appraisal has been performed. Local real-estate agents however, have informally kept management aware of the value of the land constituting the Omagine site. The sharp increase in land values in Muscat is well reported and the Omagine site - with its unparalleled location - has certainly been positively affected. We cannot of course predict with any certainity, but one could reasonably expect that subsequent to the signing of the Development Agreement, the increased land value would be reflected in the company's share price.

Regards,

AGORACOM Investor Relations

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »