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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Oromin 2012 AGM presentation...
View:
Post by tony1969 on Jul 26, 2012 10:34am

Oromin 2012 AGM presentation...

is now up on their web site...
Comment by Mallard2 on Jul 26, 2012 12:12pm
It is great!!!! Took me a while to download it.
Comment by Goldfather on Jul 26, 2012 1:52pm
Reading the AGM Report, i took notice they are adding 6 new Deposits to Total 14. These 6  will add  75% to their total Deposits. I tried to read back some of their PR's on these  results. But after even 6.5 yrs shere, i still cant read those geo assay reports.  I am gathering that Masato is Huge, and Sekoto is also a good find, but  dont know abt the other 4. Does ...more  
Comment by tony1969 on Jul 26, 2012 2:14pm
Hey GF, these new deposit will add ounces at some point.  They have been commenting about these new discoveries for a while now.  They will not add another 75% to their resources in the short term.  That would be impossible because they have to be drilled for more accurate estimates and as we all know they are not drilling now and have not been drilling for a whlie. This ...more  
Comment by tony1969 on Jul 26, 2012 3:22pm
GF it does say on page 5 of the presentation that a resource update is underway on 14 deposits.  You might be on to something.  They may be able to show lots of potential and maybe some inferred ounces but considering that some were discovered in 2011 when not much drilling was done, I would not expect much.