Oromin Explorations Ltd OLEPF

Acquiring company...

[tony1969]

If you are the company that is going to acquire OLE, it would be a lot easier to justify a purchase to your shareholders after the turmoil of the election is over with.  If I was a shareholder on the acquiring company I would want some clarity as far as the direction and stabilty of the government before any decision is made.  I really believe that a deal will be done no matter who wins the election.  It will just take some time for the government (whether old or new) to show stabilty.  Once this happens (I predict by spring) a deal will get done within an April-May time frame.  All just my opinion. Comments?

[Roro1]

Yes Tony, I think you're right on. Maybe a deal already in place in principal.

[run2gold]

Tony, As usual your post makes a lot of sense.  I think the big volume two weeks ago was due to some news slipping out that a deal was close (in principal) or negotiations had passed a milestone.  However, as you say, its unlikely a deal would be finalized before perceived stability in Senegal.  I agree that the timeframe now feels like April for an announcement.  I hope the

[arlene2]

Run2gold---Adding to the magnitude of that stampede in the April time frame will be spot gold prices at a new all time high...This week gold price is testing 1800.....If sucessful , next resistance 1850 , then 1900 , then all time high.....       IMO , This WILL all happen in the next 30 to 45 days  ....I am very bullish on gold and Ole at this

[rappy7]

Someone was asking for a level 2. This board's impugned my character's far too badly to inspire me to offer any real service.   I will say, however, that within 2 cents of where we are now there is presently EITHER a bid OR an ask involving 200K+ shares.   In other words, s%#'s about to get real.

[caliche]

hey rapps   i think it speaks more to your charicter that you wouldnt post this..      # Orders Shares Bid Ask Shares # Orders 2 13000 0.850 0.880 6000 3 7 233500 0.840 0.890 8000 2 4 4000 0.830 0.900 9000 2 3

[caliche]

looks like the big order didnt survive overnight.. someone playing games at the close..     # Orders Shares Bid Ask Shares # Orders 1 2000 0.850 0.880 1500 1 2 2500 0.830 0.890 8000 2 1 500 0.820 0.900 9000 2 3

[rappy7]

Caliche, the big bid was on the board for much of yesterday. Not a "game at close." I'm surprised it escaped your keen eye.

[caliche]

well it aint there now..i guess it was a "much of yesterday" game..lol OLE is on the side of my screen.. dont watch it that close.. i sold most of my position on the way down avg~ 1.80 to 1.50   caliche