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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > going into production...
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Post by topoftheridge on Feb 03, 2011 3:51pm

going into production...

chet's comment:
""We are also very encouraged by continuing to make new discoveries, such as at Saboraya, which will provide drill targets throughout 2011 and, we expect, beyond."

makes me think no buyout this year or maybe ever?
Comment by RottenEggS on Feb 04, 2011 10:44am
I'd rather see them drill their way to success as opposed to take maybe a 40 % gain on a buy out at this point.What an absolutely stupid comment to make on such great drills, I question your motives for even posting hereRES
Comment by topoftheridge on Feb 04, 2011 11:37am
rotten,whatever to you.....many of us have been here for years... and all along the talk was of a buyout, i have been here long enough to remember the talk of $100 per share buyout....then it became $10, now what is it?great results, yet it always feels like something is wrong....i question your intelligence.....
Comment by Goldfather on Feb 04, 2011 1:07pm
I agree Top....Supposedly all these Great Results and we're lucky to get 1.20   Why?been that way for years now. Why ? I've heard we will have 4.4 mil  oz at the next UpDate. Thats Fantastic !!!And we (now) have 3.5 mil oz   which  isnt any slouch # either... but we sit    w/ a Gloomy sp. Longtimers here just dont understand? Just keep hoping ...more  
Comment by arlene2 on Feb 05, 2011 2:13pm
topoftheridge---WOW, I missed that speculation of $100 per share buyout........Was that when the Santa Rosa oil  play was getting so much hype.........As for the gold play in Senegal , the numbers that I most often hear are between $10 and $13 per share.......We should know more when the next updated Resource info is released (within  30-45 days ??? ).......Do you have an opinion ...more  
Comment by topoftheridge on Feb 05, 2011 3:03pm
yes it was way back when and was a combo of Senegal and Santa Rosa hype.I agree it was nothing more than hype, but here we are....my predictions, no I do not have one.  I have given up on predictions here, I honestly do not understand the trading here...you say you hear $10 to $13, is that from anyone in the "know" or just your "hopes" mixed in with some "back of the ...more  
Comment by arlene2 on Feb 05, 2011 5:26pm
topoftheridge----No the $10-$13 is not from anyone "in the know".....Frankly I do not believe anyone can actually/accurrately predict future price of gold , future going rates for gold in the ground , future ounces proven in a given concession ,future grades of gold to be discovered , future feasibility info ,  mgmt attitude re value/buyout , etc , etc.... I just try ...more  
Comment by adit123 on Feb 05, 2011 7:10pm
Well, Mackie says $2.89 based on their evaluation as a 12 mo target price. That does not address buyout, etc. I know you all know that but it does indicate what the "experts" are calculating.
Comment by RottenEggS on Feb 06, 2011 11:06am
Honestly, 100$ a share, and you question my intelligenceA simple little thing called a Stop could have kept you from being old and bitter.I'm sorry for your losses but learn the game.RES
Comment by topoftheridge on Feb 06, 2011 2:29pm
who said anything about losses?I have been in and out a few times, and believe it or not, I sold some at the all time high of $4.15!I own no OLE right now, I am waiting to buy some....yes $100, there was talk of X million barrels of oil and 10million + ounces of gold....yes I still question your intelligence....
Comment by arlene2 on Feb 07, 2011 2:28pm
topoftheridge--Well , the "10 million ounces of gold" is still alive and well......Looks more likely than not at this time......What   shareprice are you waitng for to buy again???  My opinion is we are at the lowest shareprice Ole will be at again....Would like to hear your thoughts.....
Comment by topoftheridge on Feb 07, 2011 2:54pm
i agree with you on the 10 million ounces and on that this is the time to buy, trying to free up some cash....good luck all
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