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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Market cap stagnant 2 years
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Post by run2gold on Mar 07, 2012 3:41pm

Market cap stagnant 2 years

Just looking at the chart again.  Since mid 2009, OLE market cap has moved up and down but is unchanged.  That means the market is giving the company zero credit for the holes drilled and results the last 2 years.  And no credit for the big move in the gold price.

Big disconnect here, soon to be to our benefit.

Comment by topoftheridge on Mar 07, 2012 5:31pm
but do not forget we have 17 million more shares, and numerous more options for management...(I don't even wanna look that number up)   financings done at 85 cents in late 2009 and $1.3 in late 2010. this leads me to believe no more financings... who is gonna buy it?
Comment by run2gold on Mar 07, 2012 6:40pm
Top, yeah, they've added a few shares, but any buyer or participant in the private placement will consider value. If the value is there, which we all know it is, then it's just a matter of timing to release that value.  I'm betting my cash that the value will be released sooner rather than later. and that value will give me a return over 100%.  Of that I'm sure.