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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by hoosier1on Jun 15, 2012 3:35pm
187 Views
Post# 20019329

RE: Resource update

RE: Resource update

A $350M sale of OJVG will put most of the long term investors underwater...if OLE sells the OJVG Property for less than $750M then this whole venture was a horrendous failure.

OLE, Bendon & Badr could have taken their money and done better in the open market than with this return... actually, anything less than $1B for the property was not worth the effort/risk for the return.

h1

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