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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > These guys are going to beat each other up so much that a major...
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Post by tony1969 on Jul 02, 2013 12:31pm

These guys are going to beat each other up so much that a major...

will end up owning them both before they get together. TGZ has a cap now of $140 million having spent $550 million on a mill and the entire OJVG now has a cap of about $60 million.  $200 million combined for a mill and about 10 million ounces of gold.  Both are buys here.  You have to think that Bendon has other plans because they are playing hardball or at least appear to be. This all may be part of their negotiations but I believe they would need another buyer to back up their claims.
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