Oromin Explorations Ltd OLEPF

664K

[doublem2]

Going up fast, but little or no price lift.

[topoftheridge]

Most of day it was national trading back and forth with jitney they are controlling the price, trying to get all the shares they can from frustrated shareholders who get worried that it is not going up more. was an ask of 100000 at 1.12 at end day capping the movement for the day Things will happen soon ie within 10 days

[falcon9]

What is a reasonable takeover price? Grandich said in a recent radio interview that he was buying and if there was a takeover that the takeover share price " would be at least a multiple of one, maybe two" from the current price. If he is right, it sounds like a pretty good investment with a very solid risk/reward ratio.

[topoftheridge]

9 million ounces + (but OLE owns 45%) Mackie said $3.25 anywhere from $2.4 to $4

[Roro1]

Hey topoftheridge, I'll take $2.4 to $4. As a (too) long time holder of OLE, I remeber the days when we were around $4.00 and hoping for $10-$20. Ahhhh...those were the days....  Does anyone rember when OLE was drilling for oil and actually had the drill in the ground (LOL)? Those were an exciting few days...until the dry hole was announced. Whatever happened to the second attempt? Anyone