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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

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Post by topoftheridge on Sep 05, 2011 8:40am

blue sky

good points made here....

I think Chets job now is to impress upon buyers that the "blue sky" of OLE is huge....

they are only using depths to 350 meters, but have found gold all the way down to 1000 meters.

Comment by bluestar on Sep 05, 2011 11:03am
"bingo"
Comment by tony1969 on Sep 05, 2011 1:57pm
I mentioned here on Aug 26th that they have not gotten any credit for anything under 350 meters.  Again, this is very important because it would dramatically increase the ounce count.  In my opinion, all the "blue sky" opinioins out there are worthless until you get to around 5 mil ounces measured and indicated.  Gold under 350 meters has not even been mentioned or ...more  
Comment by arlene2 on Sep 05, 2011 3:52pm
Tony----I tend to agree with most of your thoughts......However ,  in this case ,   for the Ole Senegal concession ,  I do believe blue sky will have  a more than usual credibility due to the extremely large numbers of holes drilled , numbers of discoveries made , and Chet's track record on previous gold projects...Also Ole does have close to 4 million ounces M&I ...more  
Comment by minedtheprofit1 on Sep 05, 2011 5:49pm
tony just some comments- if there's an offering at 1 for 15m shares, it buys ole time andcontinue to drill for 6-12 more months as you stated. meanwhile diluting and putting oleon the penalty box, we all know what happens when an offering occurs -stock goes the other way and it becomes dead money. - chet may not want to sell, but if he's under pressure from two partners then he's got ...more  
Comment by minedtheprofit1 on Sep 05, 2011 5:56pm
arlenegive me some numbers, run your own model and we'll talk. don't give me these blah blah comments because that won't convince me or others that can think for themselves. you obviously do not understand mining and depend on faith and allow for others to convince you that if that's what they say it's worth then it must be true. give me some comparison. do you have a model ...more  
Comment by goldn1 on Sep 05, 2011 6:46pm
MTP:Are you a shareholder or just like to hear yourself talk? I can't seem to determine what your objective is with all your posts. You spend a lot of time posting, not all your numbers are accurate, but at the end of the day, what are you trying to accomplish?G1
Comment by minedtheprofit1 on Sep 05, 2011 6:55pm
which numbers are not accurate?it's a free country i can post - you dn't have to read it or believe it in it but the numbers are fairly accurate and as i stated they're back of the envelope calculations.
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