RE: RE: RE: RE: RE: RE: financing coming with all respect run2 who the heck are you .. your id is 5 weeks old..ive been here since 2000 and have over a million reads.. been up and down with ole over 6 years everyone knows that.. you are the one that says you have some elusive "contact" in the know.. please tell me are they drilling? why did they stop? why did they not release that info?
I AM NOT IN THE KNOW..i have never been in the know chet has been terrible at keeping anyone in teh know... they only release info under penalty of law..stated by chet..
i do not know they are drilling or not... it came out here they have stopped drilling( the first i heard of it) IMHO they should have made a material statement if they stopped drilling and if they have indeed stopped IIROC may be asking them why there was no release stating they halted drilling..they are an exploration company and if they are not exploring thats material!
i have no idea if there ever was a deal who it was or if there was more than one bidder.. i have never stated anything more than that.. i have a suspicion the deal (if there was one)has fallen apart given the market price of the stock.. if everyone here knows the drilling has stopped and a deal is done why are they not buying the stock..i have NEVER heard in 25 years of investing of a company stopping drilling for any other reason than they are out of money or there is no gold..it is disruptive to the project releasing drill crews, cancelling contracts and shutting the doors.. if anyone ever buys ole they will want to continue drilling and move the project forward right? right?
i am completely in the dark making educated guesses on what i think the market is telling me.. i hope that clears things up for you .. im not attacking you or anyone else but making a point that in the absence of information all we have is speculation
the stock is down to where it was before any news was released regarding a takeover .. what does that tell you? what does your contact tell you ..ask him./her for me why is everyone that bought ole in the lst 4 months underwater if the deal is so good
everyone here has suffered enough including me, im frustrated with chet and the lack of info.. i hope and pray the offer is a good one but cant believe anyopne will pay upwards of 2.50 when the stock is barely holding .80