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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by tony1969on Nov 25, 2012 6:54pm
185 Views
Post# 20641764

RE: Lottery Ticket

RE: Lottery Ticket

Hey Roro and Arlene.  I believe that most of us here do believe that there is huge blue sky potential in this property.  Unfortunately OLE is in a position where in order to justify a blue sky price they must continue drilling and diluting us shareholders.  They can say they have 9 million plus ounces (which eventually they probably will) but until the bidder sees that NR 43 101 in front of that potential number it will be just that, a potential number.  Nevertheless I believe they can get roughly double the share price or around $1.50 with what they have already proven.

Nice win today by the Phins Roro.  Carpenter finally made a clutch FG to win it.  Lets enjoy it while it lasts because we have the Pats next week. 

 

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