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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Great deal @ 85 Cents !
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Post by Goldfather on Jun 14, 2011 5:08pm

Great deal @ 85 Cents !

With some of the Rumors floating around on a potential b/o..... cant believe more arrent buying at 85 Cents !
 Chets Comment in the NR abt Bendons combined 87 % ownshp w/ Ole has startede all kinds of rumors.
Just hoep soem are true.... and a Major steps up and buys  the  majority share  as chet touched upon. I have a feeling we wont ehar  anything till the AGM mid July. Whos gonna give us  5-7 bucks /.. IMG, Semafo, Anglo-Ashsanti, Rangold, Barrick....?
Comment by newfie36 on Jun 15, 2011 8:57am
  I hope you are right and it happens soon because we are already at a 52 week low and the way things look we could be going alot lower unless management starts promoting the company like they should be. To this point their marketing strategy has been a complete failure.
Comment by RottenEggS on Jun 15, 2011 8:36pm
Be careful for which you wish for....Medoro MRS.t was just taken over by Gran Columbia, it's chart looks very similar to OrominsIt got taken over at the bottom of it's chart and the price didn't move on the mergerI'd rather see Management prove up more OZ. and sell in a better seasonal climateRES
Comment by adit123 on Jun 16, 2011 2:04pm
What?! You are calling for patience among investors on these boards...how dare you! Unless management follows our advice they will be failures. It is so simple--just hire someone to tell the world how great the projects are and, bang, up goes the SP.PS: You are, of course, 100% correct
Comment by Goldfather on Jun 16, 2011 6:34pm
  not sure how much the current sp has w/ a B/O price. Its the Ownership Issue thats holding it Back w/ the Majors.Ole is now Old News. Mgmt wont Promote it for some reason. But regardless, when saudis and Chet decide to change the ownership % so  a Major can buy the Majority Position, we'll get a b/o. Majors wont deal w/ a minority position w/ a wild card Saudi owner. hopefully ...more  
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