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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > The way TGZ has been trading.......
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Post by tony1969 on Mar 13, 2013 1:05pm

The way TGZ has been trading.......

it does not look like they will be able to make any headway on their own.  They need to lengthen their mine life if they want their stock to appreciate.  I do not think they could buy OLE if they wanted to right now. The most logical scenario here is the obvious consolidation of both properties by a major or mid cap.  Low cost of about $700 per ounce and over 10 million ounces.  TGZ having the mill is the key to all of this.
Comment by mjh9413 on Mar 13, 2013 1:14pm
have not been here for ages and quite honestly this t/o business/spec  has been going on for so long I really don't believe in it. The JV arrangement makes it a most complicated thing to consummate. The only factor that would overcome this if is the OLE deposit was super world class and thus entice a major. I do believe there could be a merger, a friendly exchange, but that might not ...more  
Comment by Goldfather on Mar 13, 2013 1:20pm
Tony... forget TGZ, as they think they are doing well, and making money... they dont believe at all tthey need Ole. They are a (true) public Co,( unlike Ole)  and their execs are wll paid have a great situation. Their shareholders are happy w/ TG making  also  said they have several other near by projects tht they can buy oz.... and they believe that they will find gold on their ...more  
Comment by adit123 on Mar 13, 2013 3:01pm
Goldfather said "They are focused on other Bids from a few others by early May." Appreciate any details you can share or speculate on (while we wait and wait and ...). Thanks
Comment by Goldfather on Mar 13, 2013 3:16pm
ya, details are difficult to egt around here.... just hearing that by early may, Bids should be coming in. Thats all i heard. Fits the timing of the FS Filing  etc.
Comment by hoosier1 on Mar 13, 2013 5:00pm
GF Just felt it necessary to inform... The 2013 CiL FS & mineral reserve update (listing total indicated resource of 3.78M oz) was already filed on Feb 4, 2013.  (as a Material Change report Form 52-102F3) OLE filed everything almost immediately after the news releases.  There isn't anything else they need to file. h1
Comment by adit123 on Mar 13, 2013 6:20pm
Goldfather--go enough; thanks.
Comment by Goldfather on Mar 13, 2013 10:17pm
H1... thanks but not  accurate... refer to PG's  comments as well... theres canadien Filing required. march 11 was the date he and i refer to...
Comment by Goldfather on Mar 13, 2013 10:25pm
and those rediculous $3-5 predictions /hype....we need a good laugh!!!!  ha ha ha ha ha ha ha ha ha ha
Comment by parkssam on Mar 14, 2013 9:15am
hoosier has a history of giving misinformation and believing he knows it all.   Goldfather was right the exchange requires two seperate reports to be filed and its my understanding OLE expects to do so during next week (apparently there's a short time frame required between both reports). It's comical here at times when some posters make like if TGZ doesn't save OLE it's all ...more  
Comment by tony1969 on Mar 14, 2013 9:46am
Thanks parks as always I am just trying to throw ideas out there and get some answers or opinions!
Comment by IloveNDM on Mar 14, 2013 10:29am
Thanks parkie for throwing us a bone. If a few of the goofballs here who cause you to leave only knew who you were and how connected you are to this deal, they would be on their knees begging you for real info. Thankfully you still give some of us your knowledge.
Comment by Roro1 on Mar 14, 2013 10:38am
You've peaked my interest NDM. Who is he and how is he connected?
Comment by tony1969 on Mar 14, 2013 11:08am
Hey parks I realize that TGZ is not the only option here but you have to figure that whoever may be interested in OLE probably will also be interested in TGZ as they have the mill and the buyer will save hundreds of millions by also buying them out.  Am I correct assuming that? Thanks as always for your input.
Comment by parkssam on Mar 14, 2013 12:45pm
the mill is by far their best asset. Don't let their supporters who come here fool you otherwise.
Comment by tony1969 on Mar 14, 2013 12:56pm
That is exactly what I posted last night parks.  The mill is their Trump card. Without it their market cap would be south of OLE's. This is why I believe that OLE's ounces will eventually be processed through there when and if bought by a third party.
Comment by parkssam on Mar 14, 2013 2:03pm
Tony Because I know you mean well and if you promise to not going back to 10 posts a day, did you ever consider a worse case scenario where TGZ and OLE do a jv where TGZ kicks in the mill and OLE the feed and work out a split structure?   At the end of the day OLE should get a deal. Only question is who, when and for how much. All other comments are waste of bandwidth. And that $2, $3+ price ...more  
Comment by tony1969 on Mar 14, 2013 2:15pm
Last thing we need is another JV but I guess if it leads to some value then let it be.  Thanks again parks and I do not know if you have noticed but I have been posting much less.  I think it makes a lot more sense if they were to merge as it will be considered one entity and be much easier to value the combined company in the future.  Thanks pal.
Comment by tony1969 on Mar 14, 2013 3:43pm
  Mackie still has a $1.50 target on us. www.mcall.com › TopicCached You +1'd this publicly. Undo Feb 5, 2013 – Oromin Explorations Ltd : Mackie Research cuts target price to C$1.50 from C$2.10  
Comment by SPACEDOC on Mar 14, 2013 4:04pm
This post has been removed in accordance with Community Policy
Comment by arlene2 on Mar 14, 2013 4:15pm
Tony---  Thank you for the info.....Even though report is about one month old , it is reasonable to assume that $1.50 is still their target price today ......Little has changed in the last four weeks....Best Regards , Arlene2
Comment by tony1969 on Mar 14, 2013 4:17pm
Hey space I had not seen that price target and happen to come upon it.  Thanks for your kind words.
Comment by SPACEDOC on Mar 14, 2013 5:08pm
This post has been removed in accordance with Community Policy
Comment by SPACEDOC on Mar 14, 2013 5:09pm
This post has been removed in accordance with Community Policy
Comment by Roro1 on Mar 14, 2013 7:18pm
Mackie probably won't re-adjust the target for a few months - notwithstanding anything that happens to this stock or to the market in the interem. Our ticket is a kick-a/ss negotiator.  Best-Roro
Comment by arlene2 on Mar 14, 2013 10:27pm
SPACEDOC-----Evidently  "my bad"........WAS unaware that 1) junior market collapsed in just the last month....Actually I thought it may have hit bottom in March after two years of collapsing    2) gold price has dropped in the last month....Actually I thought it had been consolidating in pretty much a sideways motion for over a year and was now ready for a ...more  
Comment by SPACEDOC on Mar 15, 2013 6:53am
This post has been removed in accordance with Community Policy
Comment by arlene2 on Mar 15, 2013 10:57am
SPACEDOC------Go bet Mackie........All I commented was that even though the Mackie report that Tony shared with us was about one month old ,that it was reasonable to assume that they had not yet changed it.......Then you were kind enough to point out to all that I was an "idiot"
Comment by goldn1 on Mar 16, 2013 12:35am
  Space:   You seem to think PG's word is gospel. He changes his outlook every week.  Hard to rely on someone whose opinion changes with like the wind. For someone who has direct conversations with management and Chet, he should know more than all of us, but blog posts sound like he is clueless. I know he is your buddy, but look at his recent post. they speak for themselves ...more  
Comment by parkssam on Mar 16, 2013 7:34am
goldn1   You're without a doubt the biggest jerk bar none! Parkie was so right when he said you're a total loser who cries about how bad OLE is, rides the stock up and then down 75%+ yet its everyone's fault but your own. And now you make more false claims saying Grandich comments aren't genuine and somehow not consistent. Grandich has accomplished more in just a day than ...more  
Comment by arlene2 on Mar 16, 2013 11:54am
Goldn1---I tend to agree with your comments about PG's more recent posts& the junior market being in a mess for years.......but don't get overly concerned about people who resort to name calling (such as idiot , dreamer ,  and jerk)....They are just trying to provoke conclusions about an item/matter APART from an impartial examination of the actual facts.Name calling is a ...more  
Comment by arlene2 on Mar 16, 2013 12:18pm
Parkssam.....Talk about "useless" posts on this board....Your latest post is an epitome of just that.... Also , respectfully suggest that you stop the name calling.... I thought that you were better than that..Regards , Arlene2
Comment by hoosier1 on Mar 16, 2013 12:27pm
Hey IloveNDM/Parkssam I see you forgot which alias you were posting under... or unless parkssam you are now calling IloveNDM..."Parkie"... as he always calls you??? From a parkssam's post: "Parkie was so right..."   ...are you referring to yourself??? or should you have logged in as NDM? Too funny!!!
Comment by arlene2 on Mar 16, 2013 12:39pm
...Hoosier1---Thx for pointing out that in Parkssam's (Ilove NDM ?? ) last useless post.... I had missed it.....Too , Too funny...      Best Regards , Arlene2
Comment by goldn1 on Mar 16, 2013 1:41pm
  Funny:   I said they were the same person a like time ago. They must have fun PM'ing eachother. Parkie's little finger doesn't know too much...     G1  
Comment by goldn1 on Mar 16, 2013 1:51pm
  Arlene:   I agree, the PG followers can do a lot of name calling, but provide no facts or value to this board. They can say I a, an idiot all day long, but NDM and Parks have no credibility as they are they same person just trying to justify the other guys post. Talk about wasting bandwidth. I suggest they stop posting cr*p and negativity, they should stick to bending over for PG. The ...more  
Comment by tony1969 on Mar 16, 2013 5:27pm
I am really a drag queen smoking pot as I type this in my high heels in an oudoor cafe in Amsterdam.  You guys thought I was Tony from Miami.  Seriously, who in the h ell cares how many aliases any poster has and how is all of this back and forth childish bickering lead to anything productive in any way.  I must say that it is a beautiful night here in the ...more  
Comment by arlene2 on Mar 16, 2013 5:51pm
Tony( drag queen )---LOL  , but not all of us can afford to relax in the red light district of Amsterdam....Many of us do , and all should , care about the credibility of posters on this web-site...and I believe the credibility of Parkssam/IloveNDM and Spacedoc had previously been low but after today's exchanges of what you call" childish bickering" their credibility ...more  
Comment by SPACEDOC on Mar 16, 2013 6:06pm
This post has been removed in accordance with Community Policy
Comment by arlene2 on Mar 16, 2013 7:08pm
Spacedoc---At least we agree that time has a way of telling......So far it has shown that when someone has a different opinion than yourself , you resort to name calling , such as idiot ,  and provide no facts to back up your opinion on the basic premise..You seem to assume that by disparaging someone else, it will increase your credibility..    But it does not.....Yes , time ...more  
Comment by goldn1 on Mar 16, 2013 7:27pm
  Tony:   It doesn't matter whether you smoke week in Amsterdam, drink beer in Aruba or milk cows in Indiana. I think the issue is that this parkensens guy comes across as a OLE guru, bashes everyone that disagrees with him, then has his alter ego NDM talk about how lucky we are to have Parkie, his little finger and his pm's are priceless. I would rather hear from a drag queen ...more  
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