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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > I see OLE is still trading...
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Post by tony1969 on Aug 07, 2013 12:01pm

I see OLE is still trading...

in Canada today.  I thought that it would stop trading today since the deal is done for public OLE.  Any comments?
Comment by frankman on Aug 07, 2013 12:31pm
Of course it is still trading in Canada as Canada is the main listed exchange as it doesn't stop on an announced amalgamation. The companies have to arrange with the exchange (TSX) as to when they can halt and proceed with the new combination and a date will be announced. The TSX also has some administrative work for the combination which won't take long. However this could ...more  
Comment by tony1969 on Aug 07, 2013 6:45pm
After thinking about those of us that could not tender like us in Florida, I believe that OLE will keep trading in conjuction with TGZ's price to give us holders the opportunity to be able to participate in the movement of TGZ during this period of delivery.  IR at TGZ (which is great by the way) told me that they will meet in August then again in early October on the issue.  It ...more  
Comment by tony1969 on Aug 08, 2013 6:12pm
Yesterday I was told by IR at TGZ that Oromin will traded until all of the shares have been accounted for by TGZ.  GF, you know I am still here and will be here for a while. We need the POG to start trending higher here.  It would be great for the sentiment in the sector.  TGZ's total all in cost per ounce will be much lower when they integrate us into their company. The first ...more  
Comment by Goldfather on Aug 08, 2013 7:40pm
thanks T.... just wondering waht the other sentiment of Ole sh  is........ but maybe everyone else have bailed already..... maybe this is really just a flippers and short term deal.... it is a penny stock company after  all, and that is the behaviour pattern..... . oromin never even had an Analyst that covered it.... our only friiend  was PG, and they ran him off..... but the ...more  
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