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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by run2goldon Mar 20, 2012 2:35pm
352 Views
Post# 19695809

RE: RE: Management excitement

RE: RE: Management excitement

Top,  I feel exactly the same way you do. I am mystified about the lack of stock movement.  But I looked back at news releases and noticed a trend:  Chet and co are very good about keeping a lid on things.  If you look at the stock price open on Dec 6 last year,  a day before news was officially released that OLE was talking to potential buyers, it opened at 79 cents, THE LOWEST IT HAD TRADED IN OVER A YEAR.  On Dec 9, it hit $1.20.

 

Frankly, I think it's a perfect storm of 1) management focusing on the job and not caring what shareholders know or think, 2) a long, long wait over several years for a true valuation and capitalizing event on the property, 3) gold stuck in a short term rut.  The stock won't move until things are confirmed.

 

Top, you are right to question any posters credibility, including mine.  I've never been someone to post on a board like this, and I really appreciate those who add value to the board.  However, I really doubt that anything I would post would have an affect on the share price one way or the other.

 

I will commit here and now to stop posting until news comes out, which I would expect very soon after the election is finalized, at the latest.  Please, everyone, enjoy the ride, and I look forward to posting congratulations when the stock is much, much higher.

 

Run2gold

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