Oromin Explorations Ltd OLEPF

BUYOUT COMING SOON!!!

[goldn1]

Expect to see a lot of action this week!!! It is about time!!!

Hope to see a big price put on Oromin...

G1

[ole_OLE]

If by "soon" you are talking after the updated pre-feas in 2Q 10, then you're right. Ain't gonna happen before then.

[goldn1]

My soon is within a week from today. Maybe even this week we will see a bid. Not sure if it they take the first bid, but there is definately something going on behind the scenes.Oromin will not see Q2 2010...G1

[jmc1966]

  Where are you getting info from ?  Think you are maybe jumping the gun a little bit.

[doublem2]

Goldn1 has always been the voice of reason. What you got for us Goldn1.Doublem2

[goldn1]

Doublem:Check out the volume on the tsx, getting close to a million shares. I will be buying more if my wire hits in time...In regards to the Buyout, I have heard from more than one person that there are a number of things going onbehind the scenes with an MDL/OLE consolidation. A lot of the majors need to increase there ounces to keep therebottomeline going, I am not sure if it will be a joint

[sueron]

Now do your own gambling and homework?We are still holders and buyers today even though it been a rough ride with Oromin in the last year.We have been watching the crossing being done..Might be positioning someone?Don't know fore sure?Good luck to all Oromin share holders.Ron

[MIA17]

Big wall of resistance at 1.00.  Gets taken out goes to 1.10 and 1.20

[doublem2]

Thanks Goldn1,    We are all tired of this play. I have been here for 4 years. Many more alot longer. Thanks for your response,Doublem2

[topoftheridge]

Goldn1still calling for the buy out?  or were you just trying to pump and sell?

[goldn1]

Top:No chance in me pumping and selling... My average price per share is $2.65. Details are still being negotiated behind the scenes for a multi-player deal consolidating MDL/Oromin. MDL is currently at $1.04 on 1.9 million shares traded so far today on the ASX. People are accumulating and I still look for something to happen this week...G1

[socalbernie]

G1,  What information do you have that a deal will happen in the next few days and that it will involve a consolidation of MDL & Oromin?Why would Oromin agree to combine with weaker MDL (lower grade ore plus 2 years of hedged production at $850) - wouldn't that dilute the value of the deal?  Continuing drilling & assays at the Oromin high-grade deposits could produce

[topoftheridge]

sounds great, would love nothing more....but will believe it when i see it....if your cost is $2.65 you must be expecting more than that?why would someone pay more than that (at this stage)?

[Capharnaum]

He probably means that a major wants to buy both Oromin and MDL, not that Oromin would buy MDL.

[ole_OLE]

>>"..updated PFS in February"It's due Q2/2010, not M2/2010, but with their track record, don't look for it before the end of August. Hopefully, they won't run out of money before then.

[socalbernie]

ole_OLE you are absolutely correct; the early hour must have fogged my brain.  This updated PFS is Q2/2010!