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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > re: grandich
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Post by tripleplay on Dec 23, 2012 10:06am

re: grandich

Just keep in mind that he said almost the exact same thing about another one of his clients (GIX) a few months ago when it was around .21. He said it was a no brainer for those that like to gamble. Today it is .16.
Comment by tony1969 on Dec 23, 2012 2:01pm
Triple, in no way can you compare gix with ole. Ole has almost 5 millon ounces of certified gold and is a highly derisked project. The credit facilty is basically a bridge loan to give management and R B C time to patiently find the most suitable buyer after the feasibility study. P G has more experience than all of us put together and then some. The fact that this is his largest dollar position ...more  
Comment by Art35 on Dec 23, 2012 3:52pm
If you did own 2.5 million shares like he does you would be saying the same thing :)
Comment by tony1969 on Dec 23, 2012 4:48pm
True Art but you can be sure he has done more than his due diligence to make that kind of an investment. >
Comment by IloveNDM on Dec 24, 2012 7:53am
tripleplay   Thank you for trying to save us but based on your posting history of panning Grandich and negativity in general, I will take my chances with Grandich's thoughts over yours. Another point worth noting that suggests a deal is not far off - many of these type of loans have a provision for the loan to be paid off in shares. This doesn't which suggest OLE doesn't think it& ...more  
Comment by tripleplay on Dec 24, 2012 3:51pm
By your handle(IloveNDM) it looks like you took a hit along with him with NDM as well.
Comment by IloveNDM on Dec 24, 2012 3:55pm
wrong again triple out   I bought when Grandich first spoke about it under $2 and sold out between $13 - $21   Have a nice day!
Comment by SPACEDOC on Dec 24, 2012 6:08pm
This post has been removed in accordance with Community Policy
Comment by comet52 on Dec 25, 2012 11:38am
Message board geniuses always buy at the bottom and sell at the top, didn't you know that?   lol.
Comment by edmed on Dec 25, 2012 4:31pm
Been buying all month Luv Tax Loss sellers. It has been boxing day pricing for gold,silver and iron stocks Bargains galore      
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