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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > is it time to throw in the towel
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Post by bluestar on Jun 05, 2013 10:08pm

is it time to throw in the towel

couldn't pick a worse time to sell. i don't think ole would even recoup what was spent if they took this offer. a simple no thanks should be in order,imo. raise some funds and drill for another year. maybe an 8 million ounce deposit will be worth something a year from now.
Comment by topoftheridge on Jun 05, 2013 10:46pm
and let current management continue  while paying themselves nice salaries and then having the gall to say, "Oromin’s Board of Directors and management remain committed to building and delivering value for shareholders and other stakeholders, and believe that Oromin’s strategy and recent performance and accomplishments clearly demonstrate this commitment" When all along they ...more  
Comment by adit123 on Jun 06, 2013 8:35am
Terenga management is solid and time for them to "drive the locomotive"  JMHO   Top--I agree.
Comment by adit123 on Jun 06, 2013 8:35am
Top: My comment "I agree with you" did not post.
Comment by Goldfather on Jun 06, 2013 10:59am
Top:  you are   correct.... its time to hand the ball to TG. If people cant see the opportunity w/ the Merged  company, they just dont get it... Selling a project w/o a Mill is nearly impossible, especially for the big premiums mentioend here. But selling a tg/ole Project w/Gold and an expanded is, well... 2+2=5.  Again, if some people here dont get that concept after ...more  
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