Oromin Explorations Ltd OLEPF

next pp?

[topoftheridge]

next pp at 80 cents?

11:57:55	T	0.80	-0.04	4,000	44 Jones Gable	1 Anonymous	K
11:52:47	T	0.80	-0.04	15,000	2 RBC	1 Anonymous	K
11:45:45	T	0.80	-0.04	15,000	83 Mackie	1 Anonymous	K
11:24:27	T	0.80	-0.04	12,000	83 Mackie	1 Anonymous	K
10:07:19	T	0.80	-0.04	18,000	80 National Bank	1 Anonymous	K
09:46:26	T	0.80	-0.04	4,000	83 Mackie	1 Anonymous	K
09:34:55	T	0.80	-0.04	200	2 RBC	44 Jones Gable	E
09:34:55	T	0.80	-0.04	10,000	83 Mackie	1 Anonymous	K
09:34:55	T	0.80	-0.04	1,000	1 Anonymous	1 Anonymous	KL

[iop42]

The partner Bendon is reported all paidup and staying current in note 5a of the 2009 Fin statements.Here is what I could find on OLEraising capital;January 2005 Oromin is awarded theSabodala property. In May of 2005 they form Oromin Joint VentureGroup with two partners. OLE 43.5%, partner1 43.5%, parnter2 13%.A total of $8 million dollars is to be spent on exploration by April17, 2007. OLE

[jmc1966]

 Good job on your homework iop42, good info for alll of us to know.

[topoftheridge]

I agree, excellent work iop42,i just was guessing, cause anonymous always wants this to go down......either Toll Cross or Research capital, who has lots of share from last PP or just shorts...

[iop42]

Thanks,Topoftheridge, do you have ideas on why?I know Research Capital is in a lawsuit with another miner.  They were capital raisers and divulged privileged information to a competitor.   My opinion on them, is that they short sell right up to the share issue.  If Chet wants a higher price on the stock then he should look for another firm and go private if possible.  That

[topoftheridge]

I agree with you on using "private" funds.also why not let the little guy in?last year I participated in a PP with just $5000 of my money (in a smaller company of course)I guess it would be more paperwork, but I am sure "retailers" could contribute 25% of a $20 million raise.

[iop42]

"Stay the course. We are a few days from a stratospheric takeoff in the price of gold."This is a quote from jsmineset.com.Maybe Chet should hold off a few weeks on a share issue or is this just another false start?