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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Buyout Price and By whom
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Post by newfie36 on Dec 08, 2011 8:35am

Buyout Price and By whom

Hi Guys,

  Seems like our luck might be finally changing and we will all get what we have been waiting for. So what is everyones opinion on who will be the buyer and what will the final price be. Me personally I feel it will be IAMGOLD and hopefully the price will be over $2 a share. I cant see Chet letting it go for any less. Dont think Teranga will be in on this one although you would think the would want a this company has it is so close to their existing mill.

Any thoughts.

Comment by adit123 on Dec 08, 2011 9:06am
The last placement was at $1.30. If we use that as a floor and a 50-100% premium, you get about 2 to 2-1/2 bucks per share. I hope it is higher of course--we all do! Let's just hope someone overpays!
Comment by Goldfather on Dec 08, 2011 9:24am
  Wow.....  just seeing all this morn.....  looks like i missed all the excitement. Maybe maybe maybe... And i dont care who it is, just Someone . Should sbe interesting at the opening Bell.....
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