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Bullboard - Stock Discussion Forum Afferro Mining Inc AFRIF

GREY:AFRIF - Post Discussion

Afferro Mining Inc > Nearing Cash Value!
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Post by LTGoldBull on Mar 06, 2013 2:56pm

Nearing Cash Value!

Market doesn't think much or understand Nkout or Ntem assets when we are,

Nearing Cash Value on the books (C$90M) with a C$109M mcap.

Or the Posco Mou for that matter!

Wait until Hanlong/Sundance deal finalize, the chinese then move on AFF imo. If chinese are building rail and port, with rail right past Nkout, they will ensure the koreans are not aboard for a free ride. AFF assets too cheap, 1/10 paid for the Sundance Iron Ore prospect.(also less than 1% the Nkout PEA NAV)

Cheers, Mark

Comment by LTGoldBull on Mar 06, 2013 8:27pm
Maybe they should turn the Fiat Cash to Bullion, then the market may apply some value. Anyway, the latest from a few analysts. 28 Feb 2013 - Afferro Mining (LON: AAAM) had its buy rating reissued by analysts at Panmure Gordon. Panmure Gordon currently has a C$4.23 price target on the stock.(279p) Quote, “Earlier this week the London and Toronto listed explorer revealed it is close to sealing a ...more  
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