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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Oromin Explorations Ltd OLEPF

Metals & Mining Gold


GREY:OLEPF - Post by User

Oromin Explorations Ltd > Buyout Estimate
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Comment by tony1969on Feb 21, 2012 10:27am
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Post# 19560630

RE: Buyout Estimate

RE: Buyout Estimate

Mallard I totally 110% agree that it makes perfect sense for a major to buy them both out.  Why wait till Ole makes a deal with either TGZ or some other company when you can buy them both now instead of waiting for a possibly higher price in the future.  A major would seamlessly step in and start producing large amounts of gold once they upgrade the mill to handle more gold.  They will have that mill running 24/7 with all the gold they will have.  Any thoughts on who that major may be?

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