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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > what happened to all the gold ?
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Post by bluestar on Apr 29, 2010 3:55pm

what happened to all the gold ?

why would ole be down this week?  great results, fs coming soon, takeover target,and yet we are down 15% on the week.??????????
Comment by topoftheridge on Apr 29, 2010 5:37pm
i had predicted at march PP,  a huge one, like 50 million shares.anonymous is still here, selling like crazy and driving the price down.JMHO.anyone else agree?
Comment by topoftheridge on Apr 29, 2010 7:47pm
sorry, i meant I had predicted a PP in March....
Comment by iop42 on May 03, 2010 8:04pm
That's a whack of shares topoftheridge.   About 30 to 40 million worth of dollars.   It requires a whole lotta short selling.  For what?  A depressed share price to get a truckload of iffy currency.  I'd rather see small placements as required.   Do you think such a large placement is necessary when you consider the partner must pay half?There ...more  
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