GREY:OLEPF - Post by User
Comment by
run2goldon Apr 17, 2012 9:24am
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Post# 19802065
RE: Shouldn'RE: RE: HRE: RE: Saudis Want their Mon
RE: Shouldn'RE: RE: HRE: RE: Saudis Want their Mon Johnny - Nobody does business in Africa without serious government "involvement". See what Grandich said this morning about that:
Oromin Explorations (OLE-TSX $.78 ) – of all my companies and personal holdings, this is the no-brainer in terms of takeover/merger. The company has already told us they continue to have discussions and I suspect if not for some recent political factors in the country where OLE does business, such actions may have already occurred. The fact that the company is expected to update its resources and feasibility is only a plus in my prejudiced mind and like this report seems to suggest, risk appears to be pennies to the downside while upside potential is many times more than that.