The only logical corporate activity is a merger / takeover of...

The only logical corporate activity is a merger / takeover of Oromin. By having a bigger resource base and exploration base in close proximity will allow them to expand mill throughput (as planned) sooner rather than later. That would be beneficial for the shareholders of Oromin as they would own shares in a producer rather than an explorer and have some good upside potential. A good fit. Not likely that they would sell down half of their existing operation as they hold the strongest hand at the table. The mineral sands is not really of much value with the demand of zircon down. Any developments move the SP to $1. Looking towards $1.20 end of H1 next year. It's a good steady gold miner with growth potential. What more could you ask for?

I hear there was plenty of cash around for emerging producers and future mid-tier producers in north America at the recent Conference. NGF were asked if they wanted a placement - it looks like they too are working on some corporate activity.