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Oromin Explorations Ltd OLEPF

Metals & Mining Gold


GREY:OLEPF - Post by User

Oromin Explorations Ltd > I am going to go out on a limb....
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Comment by tony1969on Oct 10, 2012 12:28pm
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Post# 20468923

RE: RE: RE: I am going to go out on a limb....

RE: RE: RE: I am going to go out on a limb....

Hey G1 I agree with everything you said.  I wonder why the deal got called off?  I believe he will now take as much as he can considering that it would not make sense to start drilling now and wait another year for another update. We will be dead money until something happens here but we are again getting to attractive price levels.

On another note, does anyone know the approximate value of gold in the ground in west africa.  I have been doing some research but there are not many transactions that would give me a good idea.  I believe Goldman Sachs said that TGZ's gold in the ground was about $116 but this was a while back and I cannot confirm it. Any ideas?

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