Gold now in the low $1480s…..Time to get back in as well as in NES & OLE….Gold spring has been tightened and is reading for major upticks….Maybe as soon as next week….but probably NLT two weeks……
What about those Ngex results caliche? Mad I could only afford a couple of thousand back in march, by selling some oromin no less. I think this play looks to potentially be a huge winner, tx again!
TECHNICAL REPORT to be filed by June 19 ,2011 per the PEA released 5/5/2011..”A NI 43-101 compliant Technical Report describing the resource updates and PEA findings will be filed on the Company’s website and on Sedar within 45 days.”…..Caliche , will this not most likely include an updated NAV ??? Last one was very good , I thought , and should now be even better…In any event , could be another boost for share price……
Any ideas or guesses on the rumors or as caliche mentioned “chatter” that we may have a differently structured percentage of the JV? What it will cost, who will have what….etc…? Thanks arlene, goldfather and all others who post and once again caliche for this forum. Still patiently holding for the true value of this property to be realized. Hope that these frustrating times pay off for all of us in the near future.
sorry i cant add anything other than i keep hearing that things are getting sorted.. and people are excited.. its a bit vague but the sources are all unrelated and the same story keeps emerging.. i spoke with a broker about a month ago and he told me things were coming together on the ownership front..i dont know how it will be structured but i would imagine its a shares for percentage thing..so the issuance of shares would be offset by the increase in ownership
you are very welcome Dale! I dont have enough either we bought after a fat finger sale at about 1.80 …pushed the sell button twice..lol i may entertain swapping a bit of NES for NGQ if they get even ..
Guys, I am pondering adding another 5 to 7k shares of OLEPF here at around $1.20. I think the positives far outweigh the negatives here in the short term especially with the resource update coming out soon. I think downside is somewhere a little north of $1 and upside if we clear $1.45 could jump to close to $2 assuming a good ounce count and maybe a % restructuring. Anyway, enough trying to convince myself. Any unbiased opinions out there?
Ole good news expected……….1)Resource Update week of May 9……..2)Assay report on March Drilling week of May 23 or May 30…….3)Technical Report week of June 6 or June 13…..4)Assay Report on April Drilling week of June 27…
Arlene, thank you for your relentless optimism on Oromin. Hopefully this will payoff for all of us longs soon.
Grandich mentioned this today on his website about OLE.
Oromin Explorations – More good news, this time on the potential of heap-leaching a key deposit. I believe we can see significantly more news in the not-too-distant future. Much of the exploration risk appears out of this stock so downside should be limited unless metal prices themselves tank.
tony—You’re welcome……I would second Grandich comments both about minimum downside risk and “significantly more news in the not-too-distant future” ….How about a minimum of four releases over the next 5-6 weeks…..Could be another if re-structuring is announced….
not as well as NES…
Nothing to worry about….. just hired Seals Special Unit 6 to go in and Get Chet……..paid extra for Pictures !
So far morning of Thursday , 5/5/2011,,,,GOLD down $30 (2%)……….NES down .18 (6%)…………OLE down .04 (3%)………OLE is indeede holding well..
Goldfather—-They won’t find him as he is hiding in plain sight………With BADR busy restructuring the concession ownership….
Gold now in the low $1480s…..Time to get back in as well as in NES & OLE….Gold spring has been tightened and is reading for major upticks….Maybe as soon as next week….but probably NLT two weeks……
PEA report Out.
WOW——Gold now down 3.5%…(.OLE up almost 1%)
i.e. up almost 1% from morning low…Actually down 2.5% from yesterday close
What about those Ngex results caliche? Mad I could only afford a couple of thousand back in march, by selling some oromin no less. I think this play looks to potentially be a huge winner, tx again!
TECHNICAL REPORT to be filed by June 19 ,2011 per the PEA released 5/5/2011..”A NI 43-101 compliant Technical Report describing the resource updates and PEA findings will be filed on the Company’s website and on Sedar within 45 days.”…..Caliche , will this not most likely include an updated NAV ??? Last one was very good , I thought , and should now be even better…In any event , could be another boost for share price……
I also think it likely that subject posting may coincide with a revised OLE website , which is needed and would be good…..
Hello everyone!
Any ideas or guesses on the rumors or as caliche mentioned “chatter” that we may have a differently structured percentage of the JV? What it will cost, who will have what….etc…? Thanks arlene, goldfather and all others who post and once again caliche for this forum. Still patiently holding for the true value of this property to be realized. Hope that these frustrating times pay off for all of us in the near future.
Comments?
sorry i cant add anything other than i keep hearing that things are getting sorted.. and people are excited.. its a bit vague but the sources are all unrelated and the same story keeps emerging.. i spoke with a broker about a month ago and he told me things were coming together on the ownership front..i dont know how it will be structured but i would imagine its a shares for percentage thing..so the issuance of shares would be offset by the increase in ownership
if anyone has heard diffrent please share 🙂
my thought is yes .. but not 100% sure..
you are very welcome Dale! I dont have enough either we bought after a fat finger sale at about 1.80 …pushed the sell button twice..lol i may entertain swapping a bit of NES for NGQ if they get even ..
Guys, I am pondering adding another 5 to 7k shares of OLEPF here at around $1.20. I think the positives far outweigh the negatives here in the short term especially with the resource update coming out soon. I think downside is somewhere a little north of $1 and upside if we clear $1.45 could jump to close to $2 assuming a good ounce count and maybe a % restructuring. Anyway, enough trying to convince myself. Any unbiased opinions out there?
Tony
tony—-not unbiased……but I do agree
Ole good news expected……….1)Resource Update week of May 9……..2)Assay report on March Drilling week of May 23 or May 30…….3)Technical Report week of June 6 or June 13…..4)Assay Report on April Drilling week of June 27…
tony—–7,000 shares traded @ $1.20 last 20 minutes……Were you a part of that ??
I was all of that!
CONGRATULATIONS !!!
TONY—CONGRATULATIONS !!!
Arlene, thank you for your relentless optimism on Oromin. Hopefully this will payoff for all of us longs soon.
Grandich mentioned this today on his website about OLE.
Oromin Explorations – More good news, this time on the potential of heap-leaching a key deposit. I believe we can see significantly more news in the not-too-distant future. Much of the exploration risk appears out of this stock so downside should be limited unless metal prices themselves tank.
Good luck guys!
tony—You’re welcome……I would second Grandich comments both about minimum downside risk and “significantly more news in the not-too-distant future” ….How about a minimum of four releases over the next 5-6 weeks…..Could be another if re-structuring is announced….
tony—should have read “over thext 6-7 weeks” …. Sorry I can’t count too well….