When I wrote “The Shootout at Mineral Ridge” in January of 2006, the stock was trading for about $.25 US a share which I thought was pretty remarkable considering all that had been occurring: you know, new management, huge project, limited funds, unresolved issues, and a shareholder base pretty much on anti-depressants. It is now in the $.45-$.50 range (after being as high as $.56 cents) and people are complaining? Well, of course it’s been a bit volatile, but then again many resource companies have been volatile. The entire resource market has been volatile. Investors are basically looking at a double in about four months and that’s not too bad all things considered. But most importantly, people are now sensing that this company is making it, is going to be successful and is going to move ahead at warp speed once that first super sack of Molybdenum concentrates has been produced. Ladies and Gentlemen, it is getting very very close. We’ve only Just Begun…to move!

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Depth Extent and Continuity of Surface Results Confirmed by Initial Drilling at Sabodala
Wednesday April 5, 5:54 pm ET

VANCOUVER, BRITISH COLUMBIA–(CCNMatthews - April 5, 2006) - Oromin Explorations Ltd. (TSX VENTURE:OLE - News)

Highlights:

• Depth extent and continuity of surface results confirmed by drilling
• New Gold zone at Golouma Northwest discovered by trenching
• 17 New drill targets identified
• Pace of drilling to be accelerated

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“It’s a Sticky Wicket”

Lately, I’ve been talking with quite a few managers and CEO’s of junior mining companies and there is an air of frustration in their voices. We have gold near $600 US and Silver close to $13.00 US and we hear a lot of zzzzzzzzzzzzzzz coming from the public! Of course, people involved in the industry; especially in the Junior Mining Sector are overwhelmingly bullish. Well, some of them are. Others are confused. However, it would seem that many of them are still waiting for the rest of the country, if not the world, to catch up!

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