Oromin Explorations Ltd OLEPF

nice comment

[bluestar]

Nic [Nicholas Limb (Executive Chairman] said that Alan Hill who is going to be the new chairman and ceo of Teranga goes back to the begining of Barrick mining and convinced barrack to buy this mine which had only had 9 holes drilled cost $800mill and it went on to discover around 50 mill ozs [?] of gold. He reportedly said that Sabodala is the best prospect he has seen since.

when a guy like that makes such a statement it makes me want to put all my money into ole. the sp is ridiculously cheap for what they have found and the amount of blue sky is incredible.

[arlene2]

Barrick vs Randgold to try to get Ole's concession......WOW , Wouldn't that be great....

[socalbernie]

Of course, he was referring to Teranga's Sabodala. However, he could have also been including Oromin's Sabodala concession, especially since Teranga will own 15% of Oromin. Look at the map on page 15 (of 32) in the recent MDL business report: https://www.asx.com.au/asxpdf/20101022/pdf/31t98lhhsqqt1q.pdf The MDL Sabodala concession is colored gold. Note that none of their 13 major