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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Gold will move higher tomorrow......
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Post by tony1969 on Jul 10, 2013 4:58pm

Gold will move higher tomorrow......

EOM
Comment by Goldfather on Jul 10, 2013 6:06pm
tony......... why, whats up tomorrow pushing it up?
Comment by tony1969 on Jul 10, 2013 9:19pm
Hey GF, Bernanke basically reiterated how much the US labor market sucks and that he will keep printing money for the foreseeable future. I think he will keep printing until he leaves and let the person who comes after him figure out a way to unwind  this massive and growing debt.  Here is a key quote from his speech today: "The overall message is accommodation.  A ...more  
Comment by geezer21 on Jul 11, 2013 12:00am
Oromin is not a producer.  The price of gold is not going a driver for Oromin.  Oromin is going to be in limbo until the Teranga offer becomes finalized.
Comment by tony1969 on Jul 11, 2013 9:08am
True Geezer but the higher the pog the more comfortable TGZ will be with its offer.  Maybe even a sweetened one.  The direction of gold is still very important to OLE. Remember TGZ was the one who blinked first.
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