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Bullboard - Stock Discussion Forum
Oromin Explorations Ltd
OLEPF
Metals & Mining
Gold
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Bullboard (GREY:OLEPF)
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(0)
•••
shootforthemoon
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Comment by
shootforthemoon
on Jun 11, 2013 1:13pm
RE: RE: RE: RE: RE: RE: RE: RE: TGZ needs OLE evn
Tony: TGZ doesnt even need to come close to 3.3 and 68K ounces. Their cash cost is insanely low so that may go about with les ounces but they will be making over $300 an ounce more now that the hedge
...more
(34)
•••
tony1969
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Comment by
tony1969
on Jun 11, 2013 12:49pm
RE: RE: RE: RE: RE: RE: RE: TGZ needs OLE evn more
Hey G1. We all know OLE is a "show me" stock. It will stay between .35 and .40 until something else is announced. If TGZ breaks above .80 before a deal is announced we will
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(34)
•••
tony1969
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Comment by
tony1969
on Jun 11, 2013 12:45pm
RE: grandich was wrong here as was others
Hey bagholder I admit I have been a bagholder but at these prices there is money to be recuperated and made with a tgz/ole combination. TGZ produces at very low costs and will make lots of
...more
(34)
•••
tony1969
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Comment by
tony1969
on Jun 11, 2013 12:41pm
RE: RE: RE: RE: RE: RE: RE: TGZ needs OLE evn more
Shoot everyone and their mother knows that tgz was high grading in q1 with a head grade of about 3.3 g/t. Not to mention they produced 68k ounces when they are projecting 190k to 210k for the
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(0)
•••
bagholdersall
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Post by
bagholdersall
on Jun 11, 2013 12:39pm
grandich was wrong here as was others
admit you are all bagholders here
(0)
•••
shootforthemoon
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Comment by
shootforthemoon
on Jun 11, 2013 12:33pm
RE: RE: TGZ needs OLE evn more now
Yes, their present reserve is limited but its not like they only have 1 year left. They will make a nice load of cash by the time the ore is done. And that is assuming they find no other gold
...more
(62)
•••
Capharnaum
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Comment by
Capharnaum
on Jun 11, 2013 12:28pm
RE: TGZ needs OLE evn more now
The reason why TGZ's share price is so low is not because they don't make money right now, it's because they won't make money in the future. They need additional ore to ensure
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(0)
•••
shootforthemoon
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Comment by
shootforthemoon
on Jun 11, 2013 12:25pm
RE: RE: RE: RE: RE: RE: TGZ needs OLE evn more now
Please enlighten us all how a company who made 41 million last quater with hedges and still has enough ore to continue producing for several years would be worse off than OLE if the takeover doesnt
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(240)
•••
goldn1
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Comment by
goldn1
on Jun 11, 2013 12:20pm
RE: RE: RE: RE: RE: RE: TGZ needs OLE evn more now
Tony: Any explanation on why the price of OLE keeps trending down despite the liklihood of a takeover, ever at .58 shares, it is still trading at a discount and I think we call feel they
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(34)
•••
tony1969
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Comment by
tony1969
on Jun 11, 2013 12:07pm
RE: RE: RE: RE: RE: TGZ needs OLE evn more now
Shoot first of all tgz is in dire straits unless they hook up with ole. Second of all if you had been here long enough you would know that I have always been the one with the lowest expectations here.
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(0)
•••
shootforthemoon
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Comment by
shootforthemoon
on Jun 11, 2013 11:28am
RE: RE: RE: RE: TGZ needs OLE evn more now
Tony: I know what you were referring to but TGZ isn't in some dire straits that they would give OLE some crazy valuation. There is one suitor for OLE, either OLE jumps on board to TGZs offer
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(2805)
•••
frankman
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Post by
frankman
on Jun 11, 2013 9:13am
Markets to bleed red today with gold
Take profit on the blood letting
(0)
•••
donnyv
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Post by
donnyv
on Jun 11, 2013 8:29am
MDL
Another point to consider is that MDL's % ownership will be diluted by the issuing of shares to purchase Oromin. They will in essence have less influence once the Ole acquasition takes
...more
(20)
•••
Roro1
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Comment by
Roro1
on Jun 10, 2013 9:11pm
RE: Question......
Let's hpoe so Parks. We need a nice surprise here.
(34)
•••
tony1969
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Post by
tony1969
on Jun 10, 2013 8:25pm
Question......
Is it more important now for TGZ to seal a deal with OLE before the vote on the board members at the meeting? TGZ management states that it could be a deal breaker in their press release as they
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