Oromin Explorations Ltd OLEPF

RE: Realism

[tony1969]

Hey Mallard what happens if and when Chet does not get a 1 billion dollar offer before cash runs out by the end of this fiscal year.  It will be a year since they have stopped drilling. Yes he could raise some more money and keep drilling but what good would that do considering the dilution we would all go through and the low share price he will be forced to raise at.  Also remember that there are only a limited amount of companies that are willing to do business in this part of Africa. 

No one here wants you to be right more than me but I just do not see that amount as realistic in the near future. The time has come for a decision to be made and a subtantial increase in resources and a very positive feasibility study should get a deal done.

If gold somehow goes to lets say $2000 by year end, your prediction becomes a little more "realistic".

Do you think they should continue to raise if they do not get the amount they want or take the highest bid and sell?  Respectfully, Tony