Post by
tony1969 on Feb 02, 2012 11:11am
Everything is lining up!
Company is silent as always. In this case it is a good thing. Teranga in holding strong above $2.50. We are being kept low at around $1.00 either by manipulation or because no one cares about us anymore. With this kind of management, who would? We are running out of money with apparently no urge or need to raise more. If they said that they were negotiating in their press release on Dec 7th, that means that they were probably talking way before that. I other words they have probably been taking offers and exploring options for at least 3-4 months now. In my opinion a decision will be made this month. Maybe there is a delay because a major might be wanting to take both OLE and TGZ out at the same time. Why wait till they merge and have to pay more in the future for a company with way more resources and an upgraded plant.
Comment by
Goldfather on Feb 02, 2012 1:49pm
According to Tony's post on Sedars Report that Ole has $4.7 mil a/o end of Nov 2011.. and Only $2.7 Currently .. Then ZERO End of April. Seems to take 2-3 months to close these Big deals.....how can they keep their doors Open after April ? Means Deal Announcement any day.
Comment by
parkssam on Feb 02, 2012 4:48pm
Two things goldfather - you're a jerk-really! Old petey gives OLE a big plug in this interview https://bullmarketthinking.com/wp-content/uploads/2012/02/222012grandich.mp3