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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by nailation Mar 17, 2013 7:37pm
175 Views
Post# 21143288

RE: RE: RE: charity

RE: RE: RE: charity

Lots of great discussion, analysis, price targets etc. over the last couple years. IMO I think most of the numbers that have been presented are pretty accurate, it's the timing that needs to be qualified.

The $1.00-$1.20 predictions are likely the most we will see the OJVG sell for in the SHORT TERM. However, whether combined with TGZ or through a different buyer (Randgold, IAMGold, Barrick, etc.), the combined entity will become a gold producer at 200,000 ozs per year. This will bump the value of the combined entity to $2+ in the MEDIUM TERM. In the LONG TERM, there is potential of a share price value higher than that.

Again IMO we should accept that the most we will see is $1.00-$1.20 in the SHORT TERM with upside of $2+ in the MEDIUM/LONG TERM. If we can do that we should be able to sleep a little easier. 

 

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