Oromin Explorations Ltd OLEPF

Randgold beats estimates and raises.....

[tony1969]

its dividend.  These guys produce over half of their gold in Mali in their Loulo mine.  They mined over 500k ounces from that mine alone in 2012.  So much for fear of mining in africa not to mention in Mali.  The northern part of the country is basically a war zone with the French battling the radical islamists.  They also have another mine in the Congo which is going through one of the bloodiest wars since WWII. Yet the company just goes about its business and produces record results.  This is a perfect example of the fact that yes there is danger in africa as there is in many parts of the world but there is also lots of money to be made.