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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

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Post by arlene2 on Sep 09, 2011 11:43am

Mackie

seems to be adding a tad more in addition to their bigger buys earlier this week........Anyone got a contact there ?? Goldfather ??
Comment by minedtheprofit1 on Sep 11, 2011 5:05pm
you want insider info? you want to make your money in a lazy, illegitimate kind of way? tells you about your character Arlene2. if you call me a basher, which I'm not you're the pumper.
Comment by topoftheridge on Sep 11, 2011 7:46pm
FYI, Mackie is not an insider.
Comment by goldn1 on Sep 11, 2011 8:45pm
MTP: On 9/7 I was excited to see that you were going to leave us alone: "no worries mate, too bad that you won't see anymore of my post - you could learn something." One day you feel OLE is overvalued until it drops to $.60, then today you talk about a few different companies taking runs at buying out OLE. Seems to me that you are a bit bipolar and really don't even know a ...more  
Comment by minedtheprofit1 on Sep 16, 2011 7:35pm
goldn1.any amount? let's do it, 10k cash? how do we do this deal without meeting up - for safety reasons. you're on.
Comment by minedtheprofit1 on Sep 16, 2011 8:04pm
I've never shorted any stock and i don't think you can with ole since it's below 1 on average. and if you read my post, i replied to the comment that if anyone that will buyout ole it will be tgz since the mill is nearby. why would anyone else build a mill, staff it and finance another mining project in the area? it simply doesn't make sense economically. BTW, if you look at who ...more  
Comment by Goldfather on Sep 16, 2011 9:59pm
 hello MTP.... good to see you. I like soemone who knows their stufff.... not really sure why yur here.... anyway... i only have a bachelors degree here w/ 6  yrs in Oromin.... surely u have a lot more yrs in gold mining stocks info....  but i think yur math is bach ward.   the 2.50 x the 130 mkt cap stuff doesnt fly....  they ahev the 3.3 mil oz m and i at  $300 ...more  
Comment by goldn1 on Sep 16, 2011 11:14pm
No need to check Sedar, if it took you this long that MDL/Teranga Gold took a position in Oromin a few years back you are obviously no as smart as you think you are.BTW, Teranga can't afford OLE, they do have the mill, but the way it will play out is a major will come in and acquire both OLE and Terranga. That is the only was it will make sense. OLE wont sell to Terranga as they don't want ...more  
Comment by minedtheprofit1 on Sep 16, 2011 11:29pm
goldfather... in the grand scheme of things all this doesn't matter. why am i here, i'm interested on how people apply logic to their investment and justify that logic, its true that my model does not calculate human perceptions. well its not about liking the company, if it make sense and long term investors benefits then a take out of ole by tgz is not at all bad, if you're all ...more  
Comment by minedtheprofit1 on Sep 16, 2011 11:58pm
"Teranga needs OLE for their ore and reserves"... that's probably true but in mining the mill is like having the only gas station in country. sure teranga can't afford ole, but i've also learned a long time ago that a lot of companies are better combine than as a stand alone operation, the re-rating factor for mid-tiers are 5x that of the seniors if not more. 2.50 is now the ...more  
Comment by goldn1 on Sep 17, 2011 1:25am
$2.50 is just for our wager. I believe the buyout price will be in the $3.25-4.00 range. If we get 5 or 7, that is great, but I prefer to be conservative. Again you seem you have a bipolar view ole, last week the stock was closer to $1 and you said it was overvalued, you would only but if it hit $.60, today you feel it is fairly valued at 1.2 give or take 3%.Why can't you make up your mind?G1
Comment by goldn1 on Sep 17, 2011 1:27am
MTP, below is your post from last week if you can't keep track of what you say: "sorry but ole is not in my buy list unless it drops to .60 level - then I would say its undervalued." G1
Comment by minedtheprofit1 on Sep 17, 2011 9:28am
yup, at .60 sure it's overvalued but at 1.20 or current levels its fully valued - which part of that don't you understand?
Comment by minedtheprofit1 on Sep 17, 2011 9:45am
correction .60 undervalued, 1.20 fully valued. my bad.
Comment by Goldfather on Sep 17, 2011 7:19pm
hey  mtf...... love your input here, great stuff, really.....  hope you got a bunch at 95 cents, and made a lot already....but i sincerely think chet is looking at the  forward potential of the buyers sp. In my opionion, teranga aint gonna cut it, that way.....anyway, i think IAG might maike a good deal, but as mentoined, iangold doesnt look to  have a lot of  short term & ...more  
Comment by RottenEggS on Sep 17, 2011 11:00pm
Hey GoldenOne,ID'S like MTP always show up before the big run, claim they are there for the investors protectionand that they have absolutely no position in the company what so everSo why waste their time and ours??That's their problem not oursRES got his second position 83.5 centsI liked Chet's tone and confidence in his management during his presentation and despite what some might ...more  
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