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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by Goldfatheron Jul 22, 2011 5:40pm
226 Views
Post# 18863612

RE: Merger in the making?

RE: Merger in the making?  Fig....i hear teranga and Ole dont care for each other.... and i want to egt paid Now.... Teranga is in bad shape... the sp has  not been higher than the IPo price....no, i hope anybody that can pay NOW will buy em. Heck a $5   sp b/o w/ Teranga would be like  a  2   Txz shares for  1  Ole   and  a lot of cash that TXZ doenst have..... u dont like IAG or Rangold,,, or Gold Fields / whas wrong w/ them They have lots of $$...... but i do see a Goldfield or IAG buying Ole, then gobbling Up Teranga after they beg for a Merger in a couple years.... and   btw   Teranga will get like  $55 mil  at the b/o for their 11 mil shares of Ole........... combined, its a 15-20  mil oz concession
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