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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by edmedon May 29, 2013 1:35pm
225 Views
Post# 21456238

RE: So where is this thing going ?

RE: So where is this thing going ?

At the end of the day this is not so much an exploratory company drilling away, hoping to find good drill results.  This is more of a Holding company.  The gold is there in the ground, and it is a subsantial amount that someone is going to want.  The only question that remains is who is going to pay the money to acquire us. Oromin has to financially survive until this happens which involves cutting its monthly cash burn down to a minimum.  I think we all know these facts.  Saying this stock is worth only 15 cents is not only misleading but adds insult to the injury already inflicted on existing shareholders.    We may not get the initial 2 bucks a share dreamed of, but we will probably wind up with some multiple of what the share price is today.That is why I picked more up yesterday.  This company has the goods. 

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