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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > The Truth Shall Set You Free
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Post by OLETruthdoctor on Apr 02, 2013 12:41pm

The Truth Shall Set You Free

I am making one post.. Many won't like what I have to say but the truth will set you free.  In December 2011, TGZ and OLE were close to a deal and that's why the share price popped. Unfortunately, one of OLE's key shareholders balked at getting paper versus cash. OLE management compounded the problem by claiming it was in talks when the TSX asked versus not saying anything since no deal was done. This will come back to bite them because the market thinks they have been in a sell mode since then and assume with how much time has passed no one wants to buy. The change in government stopped progress and then getting all the data took longer than expected. Chet gambled that a deal would be done and did a loan versus financing, which at the time looked smart but now is biting them in the rear as the perception is time is against them. When you add the fact that they have always stunk at promotiion, have burnt their one big follower grandich and his readers, and now the market has turned against them, it's not pretty. I am here to tell you that you need to call the office and demand they make a deal before things get any worse. Chet doesn't realize how many peoples lives are being impacted because he's so rich. the clock is ticking.
Comment by SPACEDOC on Apr 02, 2013 1:22pm
This post has been removed in accordance with Community Policy
Comment by IloveNDM on Apr 02, 2013 2:17pm
The shame of it is OLE has never demonstrated it cares about its shareholders. Grandich much be seething. He has been burnt by Chet, IR guy and the gang who have sat at OLE and got fat at our expense. But in a couple of months from now with the stock at 25 cents, they will tell us how they are still working with their bankers. What a joke.
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