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Bullboard - Stock Discussion Forum
Oromin Explorations Ltd
OLEPF
Metals & Mining
Gold
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Bullboard (GREY:OLEPF)
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(240)
•••
goldn1
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Comment by
goldn1
on 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
(25)
•••
comet52
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Comment by
comet52
on 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
(5)
•••
roadking08
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Post by
roadking08
on 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.
(55)
•••
tony1969
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Post by
tony1969
on 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
(55)
•••
tony1969
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Post by
tony1969
on 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
(0)
•••
andybradley93
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Post by
andybradley93
on 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
(55)
•••
tony1969
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Comment by
tony1969
on 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
(0)
•••
maya123ca
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Post by
maya123ca
on 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
(55)
•••
tony1969
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Post by
tony1969
on 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
(55)
•••
tony1969
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Post by
tony1969
on 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
(0)
•••
maya123ca
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Post by
maya123ca
on 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
(2805)
•••
frankman
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Post by
frankman
on 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
(0)
•••
maya123ca
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Post by
maya123ca
on 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
(0)
•••
maya123ca
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Post by
maya123ca
on 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
(55)
•••
tony1969
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Post by
tony1969
on Jul 04, 2013 11:38am
A block of 383,000 shares of OLE just traded in Canada this...
morning at $.25. EOM
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