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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

Bullboard (GREY:OLEPF)

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Comment by goldn1on Jul 05, 2013 12:07am

RE:Director's Circular- July 4, SEDAR

Comet: Unfortunately I agree with you. Chet blew the deal in December of 2011 at $2.10 and now he wants us to wait for him and his committee to see if they can figure out what they have failed to do ...more  
Comment by comet52on Jul 04, 2013 10:23pm

RE:Director's Circular- July 4, SEDAR

Well it's interesting but I'm reluctant to trust Chet and the gang.    "A number of interested third parties" just sounds like desperate smoke and mirrors to me.   ...more  
Post by roadking08on Jul 04, 2013 10:15pm

dring dring

I got a call tonight from a company trying to convince me to tender my shares to TGZ. Anyone else got the same call.
Post by tony1969on Jul 04, 2013 7:17pm

Quote from TGZ's CEO Alan Hill today after the MDL news........

"Management's primary focus remains on creating shareholder value by leveraging our existing infrastructure through exploration and consolidation of nearby satellite deposits, with the Oromin ...more  
Post by tony1969on Jul 04, 2013 7:10pm

One less problem for Teranga... Good news for both OLE and TGZ....

ASX Announcement 4 July 2013 Withdrawal of Director Nominations to the Board of Teranga Gold Corporation Mineral Deposits Limited (“MDL”) advises that it is withdrawing its three proposed nominees ...more  
Post by andybradley93on Jul 04, 2013 6:48pm

MAYA - Get serious....

If you believe that May 2013 was the first discussion between Chet and the Teranga boys then I've got a really nice Island in South Dakota that I'd like to sell you. AB
Comment by tony1969on Jul 04, 2013 4:59pm

RE:Facts and opinions, Pt.2

You are correct in many ways maya but they have been talking for that long. The discussions did not get to the negotiation stage until May because of the hold up with the deal between Tgz and Senegal. ...more  
Post by maya123caon Jul 04, 2013 4:27pm

Facts and opinions, Pt.2

P { margin-bottom: 0.21cm; } Tony: When I asked you recently where your support came from for a claim you made about negotiations, you finished your remarks with this statement: "Remember these ...more  
Post by tony1969on Jul 04, 2013 3:59pm

The release also states that ole will engage tgz..

for the purpose of obtaining an improved offer. They are finally being pretty open about a lot of issues as this release contains lots of information. This will not happen over night but at least we ...more  
Post by tony1969on Jul 04, 2013 2:40pm

That "number of interested third parties" that...

have been given access to the data room part of this press release sounds very positive. Both tgz and ole have a lot of things on their plates and obstacles to get over but I still believe there is ...more  
Post by maya123caon Jul 04, 2013 1:56pm

More from the Circular

I should have highlighted this in the previous post.  The Board may not have made a recommendation but this comes pretty close:Tendering Oromin Shares to the Teranga Offer before the Special ...more  
Post by frankmanon Jul 04, 2013 1:49pm

Litigation, assertion of rights and uncertainty of Sengalese Nationals

This offer is looking the way of extinction. If that is the case OLE will run out of loan shark money and may need a financing "the uncertainty of the outcome of the litigation commenced by ...more  
Post by maya123caon Jul 04, 2013 1:36pm

Director's Circular- July 4, SEDAR

Here is an interesting section from the circular: The Board of Directors has constituted an independent committee of the Board of Directors (the “Special Committee”) to develop and evaluate value ...more  
Post by maya123caon Jul 04, 2013 12:59pm

The Oromin Board makes no recommendation on the Teranga offer

Vancouver, B.C. – Oromin Explorations Ltd. (the “Company” or “Oromin”) announces that it has mailed its directors’ circular (the “Directors’ Circular”) in response to the unsolicited offer (the ...more  
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