Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by hoosier1on Jun 05, 2012 4:55pm
233 Views
Post# 19982910

RE: b/o Price

RE: b/o Price

GF is basically correct here...

All talk relative to market cap, OLE's current sp & whether anyone would pay $3 for a stock currently trading at
.60, etc., etc.... is the tail wagging the dog... & it means zilch

OLE has no value at all - NONE - beyond its proportional share in the OJVG...Once a value for OJVG is established, then a value will be calcuable for OLE...not the other way around.

So... it is irrelevant as to what OLE is trading at... What is relevant is what is the market value for the OJVG property/What is someone willing to pay for OJVG...

It's all about OJVG...in an essence, this is similar to being an investor in a private equity situation...

h1

 

<< Previous
Bullboard Posts
Next >>