Post by
tony1969 on Feb 09, 2012 11:19am
Grandich interview Feb 9th from his website
"Sometimes there are no-brainers that people don't take advantage of; one of them is Oromin Explorations Ltd. (TSX: OLE)," said Mr. Grandich of this African gold company. "In early December they announced that they were in discussions as a possible takeover. There's been no news since then. They are in discussions [about possible takeovers] and we haven't heard anything, so one could assume the discussions haven't ended. The downside risk could be 20% if nothing happens but if something happens, the upside could be 100% higher."