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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by comet52on Dec 16, 2012 11:17pm
150 Views
Post# 20738491

RE: 3 Party Ownership Structure.........

RE: 3 Party Ownership Structure.........

I'm trying to recall price/oz of recent buyouts in the sector.  I want to say they were in the $100/oz range?  Which is amazingly low if I'm recalling right.  The TSXV being in the pits doesn't help, it's a total buyer's market now.  Chet isn't much different from a lot of companies going into hibernation and waiting it out, difference is we have a big resource near an existing mine and this has to get sold sooner or later.  The wait continues.

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