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