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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

Metals & Mining Gold

Bullboard (GREY:OLEPF)

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Comment by Goldfatheron Jun 03, 2013 1:48pm

RE: Time to pass the torch Chet

Parks:.... lets call it as we see em.... You have been calling this stock brilliantly  for the last year. Nearly all your calls have been spot on....  from seeing thru Tg,  and ...more  
167
Discussion
Comment by Goldfatheron Jun 03, 2013 1:26pm

RE: RE: RE: RE: Run Around OLE Mgmt

CAP,  imo, Ole wants all shares (initially)... and thats why TG  is best, b/c of the obvious synergy per the Posts by  Jennings analyst .  He said something like..." the ...more  
176
Discussion
Post by parkssamon Jun 03, 2013 1:08pm

Time to pass the torch Chet

To those who I spoke to via PM, you now see what I spoke of.  It's time Chet to pass the torch and do the deal. If not, I think there's a reasonable chance you will face shareholder ...more  
268
Comment by mjh9413on Jun 03, 2013 12:58pm

RE: iamgold

You can find an exact date but is was between June 2009 and 2010 the same period that Chet's holding fell to between 0 and 9.9%  Why not agree to this price as Teranga will be the only bidder ...more  
172
Discussion
Comment by imurhuckleberryon Jun 03, 2013 12:55pm

RE: RE: Run Around OLE Mgmt

I agree w comet. It's time for the property to materialize, at least we stay involved. Only way we get a better price (above $1) is for African Barrick or Randgold to get involved. 
154
Discussion
Comment by Capharnaumon Jun 03, 2013 12:53pm

RE: RE: RE: Run Around OLE Mgmt

Imo the rest will be cash, so .582 per share and .10-.20 per share in cash.
175
Discussion
Post by tony1969on Jun 03, 2013 12:14pm

From Jennings Capital....

"We believe that the current effective price offered is on the light side, given the value to TGZ of this asset."  Got this quote from Grandich an I too believe it is light.  Guys ...more  
245
Post by IloveNDMon Jun 03, 2013 11:47am

lets think about this

On May 24, 2013 Teranga provided Oromin with an offer to purchase all of the outstanding Oromin shares for the same consideration as under the proposed Offer, subject to conditions similar to ...more  
280
Comment by Goldfatheron Jun 03, 2013 11:45am

RE: RE: Run Around OLE Mgmt

H1, Tony and Comet.... i agree to all. End around, open negotiation, and "Take it Chet"..., b/c the Merged Co will do fantastic, and the retail sp of both will be very good. The merged Co is ...more  
176
Discussion
Comment by tony1969on Jun 03, 2013 11:43am

RE: RE: Run Around OLE Mgmt

Comet I beileve that now that they have an offer they can open negotiations.  I believe OLE will eventually come to an agreement at somewhere around .70 shares or 20% higher than the .582 and ...more  
182
Discussion
Comment by comet52on Jun 03, 2013 11:24am

RE: Run Around OLE Mgmt

Well I'd vote yes, in spite of the paper loss.  TGZ should rise after such a deal.  And what's the alternative?  The stock will never appreciiate while Chet sits around ...more  
194
Discussion
Post by hoosier1on Jun 03, 2013 11:14am

Run Around OLE Mgmt

It all sounds like a "soft" end around Oromin Management... "being offered to Oromin shareholders..." "Oromin declined to grant Teranga due diligence access on terms ...more  
322
Post by tony1969on Jun 03, 2013 11:11am

OLE is trading like it wants to go higher...

than the offer price.  Ask GF he is in real estate. When you make an offer on a house you start low and then negotiate with the seller.  TGZ will probably now ait for a counter offer or ...more  
212
Post by hoosier1on Jun 03, 2013 11:10am

From TGZ Web

https://www.terangagold.com/English/Investors/NewsReleases/NewsReleaseDetails/2013/Teranga-Announces-Intention-to-Make-Offer-to-Acquire-Oromin-Explorations-Ltd/default.aspx
183
Post by topoftheridgeon Jun 03, 2013 11:04am

iamgold

What did iamgold buy their shares at?Why would they agree to this price?Will they eventually buy the project?>
226
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