Oromin Explorations Ltd OLEPF

So where is this thing going ?

[Art35]

To 15 cents ? Grandich had made the biggest mistake by betting so much of his $$$ on this TURD

[andybradley93]

No need to call Grandich the Biggest Loser here.........we have all lost, some more than others but PG has been very honest about his personal views, level of investrment, and ultimately his belief in the project.  Sometimes things don't work out.  Oromin and it's business partners, along with their own strategy from beginning to end are the primary cause for the pricing of the

[edmed]

At the end of the day this is not so much an exploratory company drilling away, hoping to find good drill results.  This is more of a Holding company.  The gold is there in the ground, and it is a subsantial amount that someone is going to want.  The only question that remains is who is going to pay the money to acquire us. Oromin has to financially survive until this happens which

[frankman]

They also will need more of that credit soon as cash must be running down. Time to feed the loan shark at 12 percent interest compounded daily paid monthly. End of message

[tony1969]

Edmed that is a great point. This company is basically now a holding company. We have this much gold. We are going to sit on it until we get a fair deal. Tgz is the obvious suitor. There will be a deal. Both depend on each other. Bought some today will buy more if it dips tomorrow.>

[ElephantHunter1]

Define substantial. NI43-101 says 2.335Moz. of which Massato 1,223,000 (open pit), Golouma 222,222 (open pit) 840,000 (underground). If TGZ won't mine their underground because of costs, what makes anyione think someone would buy these underground ounces. OLE is selling 1,445,000 oz. and this is what a buyer will be paying for. Now factor in the 47% ownership and 15 cents isn't that

[edmed]

Gold is gold. they've got almost 4 mil ounces Indicated, 1 million inferred and 2.5mil probalbe mine life 17 years decent costs to mine it   someone will want this and not at 15 cents  

[goldn1]

  OLE quietly filed several documents today/yesterday... (5/29/2013). If your not a member of stockwatch, you can find them on sedar.com   https://www.stockwatch.com/nocomp/News/Sedardoc.aspx?docid=2917894 https://www.stockwatch.com/nocomp/News/Sedardoc.aspx?docid=2917853   After reading, just the typical OLE BS... But as long as Parks says it is down within 3 weeks, I am happy...

[Treetop2]

This post has been removed in accordance with Community Policy

[IloveNDM]

I see the TGZ boys are back posting here. Maybe you should focus on your stock at new lows and angry big shareholders down under.

[Art35]

It took them 10 years to get back to square one!  LOL See 2003-2004 What a scam. I think you should reward the management with more options for "creating shareholder value" I bought this DOG at .90 and sold at .55 and GLAD I DID sell at .55 fortunately it was not a big chunk.  

[IloveNDM]

what a place-lol   We've big TGZ supporters who come here, blast OLE, dissappear for weeks or months, come back blasting again while their stock has loss just as much. Then we have Artie, who says he sold at .55 but keeps honoring us with his presence.    Well at least I now know dumb and dumber have many offsprings.

[tony1969]

EH1 eventually even the underground gold will be mined because it is high grade but lets just use the 1.5 million open pit ounces you talked about in this point I will make.  Lets suppose TGZ only wants to mine those ounces first.  They can mine 150k ounces a year for 10 years before they even have to think about anything underground. Those 150k ounces are conservative because by

[ElephantHunter1]

Tony, please don't misunderstand the intent of my posts. The reality is that someone will buy OLE based on bankable numbers and that number is 1,445,000oz. and not something that may be economical 10 years from now. You and I will be partners, and my undrestanding is that it will be in the not to distant future. TGZ will pay for the ounces, the mill is their advantage not yours and Chet has to

[tony1969]

EH1 first of all thanks for the reply.  That "someone" will be TGZ as they are the ones that will undoubtedly benefit the most from OLE's project. No other company even comes close to being the suitor here unless they buy both TGZ and OLE.  The fact is that TGZ has the mill but there is also the necessity for TGZ to secure their mine life and halt the dive in their