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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > GEE Teranga breaks ANOTHER 52 week low .69
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Post by frankman on May 22, 2013 12:27pm

GEE Teranga breaks ANOTHER 52 week low .69

Wow must be some kind of deal where the share prices are going no where or down.

 

Teranga Gold Corporation (TGZ)
Exchange: Toronto Stock Exchange
$0.690
 
May 22, 2013, 12:02 PM EDT
Change: -0.03 (-4.17%)
 
Teranga
 
Comment by parkssam on May 22, 2013 1:08pm
Frankman  It's a slow day so I'm going to climb into your sandbox and play your game for a moment. Did you ever stop and think that TGZ may be off because it may be about to issue a bunch of shares for a merger? No, why should an actual M & A possibility by a man who claimed to be in the business like a 100 years ago enter the picture?    And Arlene, I don't ...more  
Comment by Goldfather on May 22, 2013 2:25pm
Parks; i couldnt understand why TG was getting hammered so much. I dont follow m & a much, but great theory.... maybe 125 to 150 million TG shares being diluted shortly......and now @ 69 cents. Makes sense... They'd have under  400 mil shares combined.  hmm
Comment by tony1969 on May 22, 2013 3:24pm
Hey GF at $.70 and roughly 400 million shares TGZ would only have a market cap of $280 million. When it went public at $3.00 it had a cap of $735 million.  Now they would have more than 3 times the resources than then did back then and trade at a rediculous discount.  A mill capable of producing around 400k ounces per year and a combined close to 8 million ounces in ...more  
Comment by Roro1 on May 22, 2013 8:32pm
Parks - please share with us what you know, if anything, given your statment "thankfully, all this nonsence is just weeks away from reaching a conclusion". Best, Roro
Comment by IloveNDM on May 22, 2013 9:02pm
Hey Roro   Don't you know arlene and goldn1 say parkie knows nothing-lol I'm just one of those unlucky ones who get his uselsss PMs-lol signed   NDM/Parkie -lol  
Comment by arlene2 on May 22, 2013 10:27pm
NDN/PARKIE----One of you says you must get PMs to get information..... The other says that they post information on this site......One of you has to be wrong  , even though I believe NDM & Parkie are in reality the same person......Suggest you resolve your internal conflicts before posting any more assinine comments..You are starting to confuse yourself...
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