Oromin Explorations Ltd OLEPF

Reloading.....

[RottenEggS]

It's time

[bluestar]

agreed,a buyout could come anytime after labour day,imo.

[minedtheprofit1]

what's your price expection if there's a buyout? who do you think is the likely bidder/suitor

[arlene2]

minedtheprofit.....No one here really knows the answer to those questions...However , after having said that ,  I think buyout price opinions for a sale yet this year have ranged from a low of  $1.50 to a high of $7.64......Almost everyone agrees that the longer it takes , the higher the buyout.......Timeframe guesses for the buyout offer announcement range from as early as Sept

[arlene2]

minedtheprofit----- I believe that my own personal guesses have been above most , if not all , everyone else.....so be sure to take them with a grain of salt........In any event my GUESSES are $7.64 if offer announcement in the Oct/Nov 2011 timeframe and $9.33 if offer announcement in the Jan/Feb 2012 timeframe..

[arlene2]

minedthe profit---Likely bidders  include IAMGOLD  and BARRICK AFRICA.....

[minedtheprofit1]

do you have a model that you're using to get those buy out numbers? I'd like to get some on whatever you're on. I love people like you who throws and pulls numbers out of thin air.

[arlene2]

miningthe profit-------    You asked for my opinion----Now you attack me for giving it,,,,,,,   Don't ask again as I will not respond...

[arlene2]

miningfthe profit---You have yet to give your own opinion......Do you have one  ,  or just do you attack others ????

[arlene2]

With no friends on stockhouse and 18 people ignoring  ,  it appears to me that you are just a basher.....Go some where else......You are not welcome here where we give honest opinions....

[minedtheprofit1]

I don't need friends on stockhouse, lol. I care about making money. just some back of the envelope calculations.first off you a buy out of 7 puts the cap of ole close to 1billion for 43.5% of ojvg. then you have the other two parties, what's their take if they own the other piece of the pie - 2b? so 3billion total for the whole asset? let's do a calculation on a buyout of 5, keep in

[minedtheprofit1]

you call your opinions honest? honest is not 5 or 7 for ole shareholders is it? do your research, read the mda study the strcture of the company and the project itself.i'm trying to understand your 5 or 7 buyout price. it doesn't make any sense mathematically, why would someone pay 500% premium to ole who owns 43.5%?