One mile of Ocean Front, $1.6 Billion , One Incredible Real Estate Development.
OMAGINE INC. THROUGH ITS WHOLLY OWNED SUBSIDIARY IS A REAL-ESTATE DEVELOPMENT, ENTERTAINMENT AND HOSPITALITY COMPANY FOCUSING ON MIDDLE EASTERN DEVELOPMENT.
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Omagine > Message
Ramirez_profile

Re: seller done?

Posted by: Danomite on July 29, 2008 12:38PM

In response to: Re: seller done? by investor123

In my memory, any time that a positive announcement came, we saw a significant increase in volume immediately prior. This was usually associated with a rising share price. The volume of late last week along with a vacuum created here by the seller's fading away makes me think that something is bound to be announced in the near future.

Regardless, I'm comfortable here longer term. The middle east is the ONLY area in the world that won't see an economic slowdown this year (thanks to high oil prices), and the Sultan's investment would typically guarantee a timely launch of the project. We're teed up and ready to take off...

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Executive Address
Omag-drohan-ea
Frank J. Drohan
President and CEO
June 28, 2007

President and CEO Discusses Omagine Development  in an interview from Oman

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