Oromin Explorations Ltd OLEPF

These two companies need each other more than.....

[tony1969]

ever now. Whether it is for $.75, $1.00 or $1.25 time will tell.  TGZ knows the gold market is weak and could get weaker.  They might take advanatage of this and offer OLE a low ball offer that they may just take.  I am sure RBC is in contact with Chet and they will leave no stone unturned.  I believe that a deal, be it a low ball deal by TGZ is the best option for OLE and the production of the OJVG.

[comet52]

Long report on M&A activity in the sector.   "Buyer and seller agreement on deal valuation has become increasingly difficult to bridge in 2012 due to the volatility of commodity prices and growing divergence between mining and metals equities and commodity prices. Sellers have been unwilling to accept lower valuations based on their depleted share prices in 2012, looking back at 52

[comet52]

sorry forgot the link https://www.ey.com/Publication/vwLUAssets/Global_mining_and_metals_transactions_2012_trends_2013_outlook/$FILE/Mergers_acquisitions_and_capital_raising_in_mining_and_metals.pdf