Oromin Explorations Ltd OLEPF

this point both TGZ and OLE realize.....

[tony1969]

that the only way they will be able to get remotely to close to their recent (2 year) highs are by becoming one.  A major will not pay $1.20 for OLE or $2.50 for TGZ.  TGZ has their costs under control which is priceless in this declining gold environment.  Again I repeat they made a $45 million profit in Q1 selling gold at about $300 under todays closing price.  I believe that OLE would rather get bought out by TGZ for $.60 than for $.80 by a major.  They know their synergies (TGZ and OLE) would immediately help both stock prices and in the long run giving shareholders much better price appreciation potential. I believe TGZ management thinks the same.  They would not sell now at these rediculous prices but they know that by combining with OLE they become a totally different growth story. I for one would like to consolidate with TGZ as they have showed that they have their costs under control.  All they need is our gold. Once all of this governmental stuff (25% buy in option and negotiations) is out of the way this month, I believe that a deal should be finalized sometime this summer.