Oromin Explorations Ltd OLEPF

anybody know

[IloveNDM]

what OLE IR does day in and day out? Outside of Grandich can anyone show me anything OLE inhouse IR has done in years?

[parkssam]

ndm   I think Grandich basically told you over the years that IR/PR is not OLE strong suit when he suggests they drill for ore and not investors. I think that's a paid employee saying nicely OLE's IR/PR is sub par. You're seeing pathetic volume and don't expect after all this time suddenly to have OLE have the ability to promote interest. Besides, if they're close to a

[couples4]

Well said Parks,no time to jabber at these levels.When the stock goes back above .80,It will be too late to say I should buy...3k more on the pile today,a little cherry on the big sundae...Did I say earlier it is my biggest holding?

[IloveNDM]

thanks parkie- grandich has been the one bright light in ole exposure. can't imagine what the ole ir team does day in and day out

[parkssam]

ilovendm   Let it go. They haven't done much up until now and it's certainly not going to change at this point. Bite your tongue and be prepared for the whiners to come out again if the share price weakens more on low volume. That's normal in December after a bad year. I just hope Chet realizes whatever deal he thinks he can get done is a lot easier to do with a .75 share price

[arlene2]

parkssam---Will be even easier when stock price exceeds .80 to 1.00 , which is most likely  when report comes out next month...

[bluestar]

the sp is irrelevant. chet has a price he is asking. if a potential buyer does not want to pay that price,they can keep walking. simple as that.

[tony1969]

Hey Bluestar Chet does have his asking price but the problem is that only a few companies are interested in the property.  Not many are willing to invest somewhere around $500 million to get a mill going and start production.  That is why it will be TGZ or a major buying both OLE and TGZ together.  As I have mentioned here several times before, the best case scenario would be

[bluestar]

sounds like you are trying to convince me ( or yourself ) that that is what will happen. tgz could be the buyer if they can get the financing to meet chet's price. if not,they will watch someone else buy all that gold surrounding their mill. after all these years i don't see chet switching gears and giving it all away. sometimes patience is a virtue.

[arlene2]

bluestar---I, too, think that Chet's "Past is Prologue"again in this instance..He will stick by his guns come Hell or High Water.....and get his price ( or darn close to it ) ...   Best Regards , Arlene2

[tony1969]

Hey Blue even though I am pretty much convinced that it will be TGZ I am not trying to convince anyone.  I am just giving you my honest opinion.  Unless OLE raises more money (which would be more dilutive) and continues to drill, they are not in the best position to negotiate.  They are basically out of cash and every single interested party knows this.  Any deal over $600