Oromin Explorations Ltd OLEPF

Goldfatther Has No Heart!

[Mallard2]

I started buying OLE in 2005. I have thought about every possibility known to man on OLE's worth. My take is we have 150M shares, take that times 2 and add 30M for Bendon and you get 330M shares total. So for every 330M dollars we are sold for we get $1 per share. I was told by a person that I feel is an expert, that it comes down to what is gold worth in the ground.

The total estimated value of the entire project at 10M ounces is 17B at $1700 an ounce. IMHO if you take $300 an ounce, for in the ground value, times 5M ounces we should have you get 1.5B add 1/2B blue sky puts you up to 2B or $6 a share. I have discussed this theory with Goldfather and he tells me I am crazy.

[tony1969]

Mallard I like your theory but your 10M ounce and especially your $300 for gold in the ground are too high in my opinion.  I do not think you are crazy as GF says just too optimistic.  You are talking about $500 million blue sky when we might get $500 ($1.45 per share) for the whole property. Yet, I would love nothing more than to be proven wrong by you.

[Goldfather]

GF here...  after 6.3 years here, i dont have the ability to call anyone else crazy !  I just take my pills and do what  i'm told. I do look forward to the walks in the Park.

[arlene2]

GF......Better get off the pills...They are affecting your math...You have been here(on this board) barely over 4 years... Still , enough to make one someone looney.... Regards , Arlene2

[adit123]

 I do look forward to the walks in the Park. You get walks in the Park? They only let me look out the window twice a week...

[Goldfather]

GF here...  'been here'  (in Ole)...  6.3 years. First bought Feb of 06 ... for $1.74... ....   offered Ole a yr ealrlier at 64 cents. Met chet in 06... time on this board ?  who  the F' cares.

[Goldfather]

thats 6.3  yrs  at buy- out .