Oromin Explorations Ltd OLEPF

RE: RE: Sorry to differ..

[tony1969]

TGZ has over $50 million in cash and a greatly improving cash flow now that they are hedge free yet they have basically halted exploration. Why? Because they will have more gold than their mill can handle once they buyout OLE.  Tree, they NEED to extend their mine life. Just ask the Australians that own 75% of the company and are down well over 50%.  They are not going to nibble and waste time with small deposits they will secure their mine life for 15 plus years with OLE and it will immediately benefit their stock. Nothing would make a TGZ shareholder happier if they would be able get OLE for $.40 per share.  Unfortunately that will not happen. They almost had a deal done at roughly $1.50 with much less proven gold and now they will sell for $.40. Ahhh..... NO.  I can see a deal being done somewhere in the range of $.75 to $1.00 in the near future which will greatly benefit both companies as their synergies will finally be realized. Once the two companies combine there will be an immediate change in sentiment as many uncertainties on both sides will be lifted. Comments?