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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by tony1969on Dec 05, 2011 8:32pm
261 Views
Post# 19293760

RE: Re: Not too many options left

RE: Re: Not too many options leftRiffdoc, I realize that I am underestimating the price of Oromin.  I too think that $1.50 to $2.00 per share is low but considering all the issues including the ever important mill and pressure from the government, that may be all they can get barring further dilution.  I also mentioned a while back the possibilty that a major may be looking to take out both Teranga and Oromin.  That also makes a lot of sense.  Nevertheless, I hope your $4 to $5 value per share is more accurate than my analysis. 

Thanks,

Tony
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