Oromin Explorations Ltd OLEPF

RE: Hostile Takeover

[Roro1]

I agree Hoosier... no hostile takeover is possible. IMO, only a well capitalized gold company will purchase OLE. The fact that Jr 's are getting hit so bad is the reason for the holdup. Chet could easily sell now for 2x, but that leaves us with only $1.50. He'll take 2x when we're above $1.00. Hopefully well above $1.00. If not for Jr's getting slammed right now, we'd be over $1.00. We'll eventually get a good price. But now the Jr., environemnt is bad. But it will get better. It's the ebbs and flows of the market (esepcially in a specialized industry. On the positive, we have gold. I beleive we'll get our buyout by 7-31-12. We need at least a small recovery in the Jr., market first. I also believe Chet will go for the home run. So we may be surprised. Lets hope so.