Oromin Explorations Ltd OLEPF

RE: RE: RE: RE: RE: RE: Jebus, why are we paying t

[iop42]

I believe Grandich as do other pr firms, write their reports from whatever they are given from management and the BOD.  That is if they don't want the public to discover some reality then Peter doesn't either.  He writes from his own knowledge and from what he his given.   So since PR is a feel good reporting job and not an investigative report, I suppose I shouldn't blame Peter for past omissions of important facts in another company, not OLE.   PR is the least effort for the most gain.  He writes about what is already in the public domain.  The influence he has depends on his credibility, connections and  power of persuasion, all of which have been compromised or made redundant.  e.g.  past omissions,  not investigative, the internet. 

Who persuaded Iamgold to buy into OLE?  What investors did Grandich bring to the table to date when he was being paid our money?

CKG is a good example of a low volume stock, without pr, low number of shares compared to most (40 million) with a resource of about half an ounce per share ($600).  OLE 1/40 and possibly 1/20 by the end of June ($60).  Considering that works out about equal for both companies based on current share price and we only own half then dilution is the problem and whether we like it or not we're already at a premium.  We need a huge increase in the price of gold, a huge, substantive ore discovery or the partner to give up and go home.   Good luck Peter, but then your already in the money aren't you, just like other option holders.

In the last few years retail investors have been drowned or scared out of their wits.  They are rightfully  nervous and very cautious or they are absent from the scene.    I see pr as a form of dilution and desperation of a company trying to attract investors, not good.  I for one, would rather see the drills stop and the overhead cut back than see continuous dilution. 

Everyone should do their own DD or look for a good investigative report.  That is something the company does not pay for but you may have to.   Do not count on feel good reporting which is what pr is.   I don't believe one will discover details from pr which are not already available from DD.  I do believe DD will yield information that pr may not ever uncover or reveal.