Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

Metals & Mining Gold

Add To Watchlist

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Merger?

View:

Post by donnyv on Feb 20, 2013 11:23am

Merger?

I don't know why everyone is only talking about a buyout. I think the ideal situation here would be a merger. New company/new name one property

143

Comment

Comment by tony1969 on Feb 20, 2013 11:35am

It would be a merger but OLE will want much more than $.70 per share and with the total decimation going on in the junior market it will be tough to get it done right now. I do not think TGZ's board would approve any stock deal with their stock at $1.40 or 52 week lows.

Comment

Comment by donnyv on Feb 20, 2013 11:58am

Distinction between mergers and acquisitions The terms merger and acquisition mean slightly different things. The legal concept of a merger (with the resulting corporate mechanics, statutory merger or statutory consolidation, which have nothing to do with the resulting power grab as between the management of the target and the acquirer[clarification needed]) is different ...more

108

Comment

Comment by Goldfather on Feb 20, 2013 12:05pm

unfortuneately probably doesnt have anything to do w/ Ole.... sorry to say. Gonna be a Corporate style boring call putting spin on the entire situation. Saying all will be fine , that all Jr's are being hit,,, and TG is still making money... end of story ! ...

103

Comment