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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Like it or not by now everybody and their....
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Post by tony1969 on Feb 09, 2013 4:55pm

Like it or not by now everybody and their....

mother and grandmother for that matter interested in african mining knows that OLE is in play.  Because of this obvious fact so is TGZ.  TGZ has the mill and OLE has the gold (by the way I just noticed that OLE's 900k ounce underground reserves are 4.52 g/t. That equates to 75% more as far as g/t than their total 2.335 milllion ounce reserve total of 2.59 g/t).  That my friends is great even for underground gold.

I realize that underground gold is more expensive to mine but (when they get down to that gold) that grade will more than make this project economically viable as their is much more gold (4.52 g/t) per ton pulled. TGZ's reserves are not remotely close to that grade at surface (open pit) or underground. 

Whether TGZ steps up and merges or buys out OLE or some major or mid tier buys them both is the only unanswered question OLE shareholders face.

Comment by Goldfather on Feb 09, 2013 9:04pm
 Hello.... here we are seveal years later...and where is the F- Bog ( fantasy- buy out group)the group ( jerk) who predicted  b/o--$ 5-7 b/o based on  POG and Chets past experience... what a  Dope never provided ( asked) any substantiated data ...Ya, 1.50 is our deal !!!!!  jerks !...
Comment by arlene2 on Feb 10, 2013 12:21pm
FWIW-----Name calling is the most socially acceptable form of egotism......Allows one to ASSUME superiority without showing one's intolerance for others' viewpoints..
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