Oromin Explorations Ltd OLEPF

We must all realize that besides the debacle of ..

[tony1969]

the junior market Senegal is under a new government.  Prior mining laws from the previous govt may not apply to this new government.  Any party that is interested in  the OJVG would want to know what exactly they are getting into before they commit to buying. Remember TGZ recently had to come to a new agreement with the new government in order to move their mine forward.  The deal TGZ and OLE almost had back in 2011 was under Wade so important factors have probably changed since then.  Neverthless OLE has too much gold to be ignored and TGZ has an underutilized mill that they need to exploit.  Those figures I used in my last post would be extremely accretive to TGZ.  TGZ will have trouble maintaining a 1 g/t grade for their 200k ounce production this year.  OLE offers them over a decade of 150k to 200k per year ounces at a grade of over 2 g/t or double TGZ's grade.  Doubling their grade would mean a lot less mining because less ore would have to be moved to get the same result.  Now TGZ is having to move more ore and have to settle for a much lesser grade.  Higher expenses and lower grade are one of the worst if not the worst possible combinations for a producer. The answer is next door with OLE and TGZ knows this.  It should not be long before things get sorted out and TGZ and OLE are finally one unless a bigger producer gets them both before.  I am guessing that something around $.75 or higher (maybe a 1 for 1) from TGZ considering the tremendous amount of mine life and high grade they will be getting is a reasonable estimate for a deal sometime in the next couple of months. This is just my opinion. Comments?