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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Sweepstakes
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Post by roadking08 on Oct 11, 2012 10:08pm

Sweepstakes

Hard to beleive that only top made a firm prediction if we don't get a buyout and must dilute instead. Not a joke, 2 roud trip airline tickets wih villas for a week and I forgot to mention my pool has a bar incorporated. I go down pretty much every month but only stay a week or two so my pleasure if a reader or regular can use it. Will be there next Tuesday for 10 days and really hope I see more bids in the sun (have wifi also) or else my new good buddy top will need some serious hgh number coppertone if we pp.

If buyout happens before, then I will have enough cash to buy my neighbour (is for sale) and invite the first 5 bidders with other halves but no plane tickets. Since the price to play is zero, I have no room to negociate.

Is there a way I can post a picture of our place down there?

Going back to read Tony's post on 2008 poisson pill, and will come back

Topoftheridge 0.58 (obvious winner so far)

PS. must not be flow through offering price, regulars only

Comment by goldn1 on Oct 12, 2012 12:23am
RK:   While I don't think(i i at least hope) they will not do another raise before the buyout, I am going with $.85 for a small raise to pay for Chet's salary, bonuses, Bentley and jet fuel...     G1  
Comment by Goldfather on Oct 12, 2012 10:34am
Hey RK....Aruba sounds fun.....ok i think they will either do it any time now , or wait till the last minute to raise. Since thats their nature, i'll say in early Dec, since thats when i think theyre out of $$. In early Dec i think the sp will be mid 50's....  and Chet likes to give a deal to his Investors in a PP, its also  always been an easier sale  for him.... So , I' ...more  
Comment by hoosier1 on Oct 12, 2012 11:29am
RK I'll say the next dilution is for $0.625/share... OLE will probably offer 15Million shares to raise another $9.375Million...if it happens, it will be just after the holidays...mid-Jan h1
Comment by maya123ca on Oct 12, 2012 11:54am
Roadking.    Thanks for adding some variety  and humor to the board. My guess is .60, 5 million shares. Just enough to pay Chet's salary and bonuses (oh, and don't forget Nell Dragovan, his wife and OLE board member.; she needs her cut...) with a little left over to fund the buy-out negotiations. LOL
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