Post by
tony1969 on Apr 09, 2013 4:42pm
Both TGZ and OLE will be one by June...
TGZ has been under pressure and OLE has been holding around .45. Both companies will benefit as they will be one of the largest mining operations in west africa. They will have the only mill in Senegal and enough gold to mine for 20 years. TGZ needs to extend its mine life and OLE needs to sell or merge asap. There may not be much of a premium in the transaction but both stocks will benefit tremendously when a deal is made. This is the worst kept secret in west african mining and is why others have not approached OLE knowing that they would have to buy TGZ as well. Chet has held on long enough and I believe he knows that this is his best option. This is just my opinion but I truly feel that something will happen before June.
Comment by
parkssam on Apr 09, 2013 7:16pm
you tell tony basically why would anyone want to own this stock yet how many years have you goldn1 and exactly how much profit did you see evaporate?Oh wait, it's all Chet's fault-lol
Comment by
IloveNDM on Apr 09, 2013 7:55pm
right on poarkie on goldn nut oh wait you're me-lol
Comment by
Roro1 on Apr 09, 2013 7:58pm
PG also said deal by June.
Comment by
arlene2 on Apr 10, 2013 12:41pm
Tony---Re "TGZ wants us as much as we want them"-------In early April 2013 TGZ announced that they were cutting back in their exploration budget for year 2013......This would ,IMO, lend a great deal of credibility/probability that they do plan to merge/buy with someone soon that has proven gold resources..Best Regards , Arlene2