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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > TGZ closed at $.93 today. Up nicely from....
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Post by tony1969 on May 09, 2013 7:34pm

TGZ closed at $.93 today. Up nicely from....

the $.75 it closed at on april 18th.  They should report q1 earnings sometime in the next week or so which may continue to help the price.  Any upward movement in TGZ bodes well for OLE as if and when there is a deal it will most likely be for stock. Whatever the deal is even if they steal us with 2 shares of OLE for 1 share of TGZ it will definitely have an immediate positive effect on both stocks.  Investors will realize that TGZ got a great deal and that OLE will finally be able to exploit their property.  I do not think however that this scenario would happen until TGZ gets their price well over a dollar. I can see TGZ rising after they announce a deal and therefore benefiting OLE as they would secure their mine life at a shareholder friendly price. There is little doubt in my mind that this deal will get done but many of us will have to hold the newly combined company for a while if we want to recoup our money or make a profit in the long run.  I believe that OLE can trade at $.75 or higher after a deal is announced and digested by investors as TGZ will make it a point to stress what a great combination OLE and TGZ make.  Comments?
Comment by Goldfather on May 09, 2013 9:53pm
....wow , tony thats a lot to digest and imagine......lots of cristal ball stuff.... but pretty logical... and  logical #'s.... huge upside on the tg/ole deal.... been debated here  by many who needs who, and lots of posturing.... Tg is a sharp group, and a REAL gold Co., no doubt..... ole is merely a explor Co, and a completely different Co...... but TG is the CO to allow Ole ...more  
Comment by bluestar on May 09, 2013 11:31pm
those $3-$5 buyout rumours were very realistic and actually considered low at one time. i sold quite a few of the shares i bought  for 20 something cents when this all began at numbers not too far from those buyout prices.seems a long time ago now and wish i had sold all but it just shows how the markets have changed.gold is higher now and we sit at 37 cents. that is a hard one to get my head ...more  
Comment by arlene2 on May 10, 2013 10:47pm
G F  -- You deserved to be ridiculed then ---and now --- for your posts..........
Comment by Goldfather on May 11, 2013 11:30am
arlene... not ridiculed... more like amused, b/c all know youre like  the village idiot reading last years news.... ,,, wheres your 5-$7  b/o price...?... Nice call !... we all asked wheres your  substantiation, and all you could muster is POG and  trust...... sorry for the grand kids, nice try, but dumb and dummer...  ever hear of a financial advisor?  da.. ...more  
Comment by arlene2 on May 11, 2013 12:05pm
G F ---Sorry , I thought you said that you were "severely ridiculed" ......Evidently a mistake on my part......Regards , Village Idiot , Dumb & Dumber  , Don't Know Sh.... From Shinola
Comment by arlene2 on May 11, 2013 12:27pm
G F ---Re "even attack Tony" ... The only things that could be classified as an attack are  1) when Tony partnered with Parkie  , NDM , and yourself  , I did take strong exception ( but no name calling)  and   2) I once cautioned Tony that he was becoming too aggressive/derogatory towards an original poster and that he was starting to be more like ...more  
Comment by Goldfather on May 11, 2013 12:54pm
arlene, you  are  amusing......... i termed it  "tongue in cheek' .... as in  whimsicle, or perhaps even sarcastic................. thanks for the entertainment.
Comment by goldn1 on May 11, 2013 1:27pm
  Arlene:   Don't pay attention to GF, his is a bitter little person. If you don't agree with him he starts to get personal. It wasn't long ago that he was quoting buyout numbers similar to the ones he is bashing today. Also, remember his idol is Parks, so you can see the type of person he is...   G1  
Comment by adit123 on May 11, 2013 1:37pm
goldn1: Well said. This bb has about 75% garbage talk now that is of no value. I start reading a post and stop about 5 words in and move on. Fortunately there are some refreshing bb's I am on where we can have disagreements but show respect for one another...that stopped here long ago. I attribuite it to frustration on the part of many folks because this OLE thing has turned into a long drama; ...more  
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