Story Continues
Good morning,
Ubika Research has issued a specialresearch bulletin on the recent update by Allana Potash Corp. (AAA-TSX.V) onthe planned Phase I drilling at its Danakhil Potash property.
What is interesting about Allana?
Allana is focusing on the exploration anddevelopment of a previously explored Danakhil potash property in the DanakhilDepression, Ethiopia. The company has strong management, 43-101-compliantresources of over 100 million tonnes and a joint venture with China MineralUnited Ltd (CMU) for the development of the project. It is well capitalized andhas a strong momentum behind the stock (Up over 300% since Feb 09). Theupcoming drilling program is likely to provide further confidence in resourceestimate and catalyst for the stock during 2010.
Allana Potash is rated a SPECULATIVE BUY byUbika Research with a 12-month target of $1.02
This bulletin, initiation report andupdates are available for FREE download at:
https://www.smallcappower.com/microsite/CompanyDetail.aspx?CompanyID=7
Please also view our video CEO interviewwith Allana Potash Corp CEO at www.smallcappower.com
About Allana Potash Corp.
Allana Potash Corp. (TSX-VEN: AAA) is aCanadian potash company focusing on the exploration and development of apreviously explored Dallol potash property in the Danakhil Depression,Ethiopia. The Danakhil depression had small-scale potash production in the1920’s and was extensively explored in the 1960’s with nearly 300potash drill holes. The Company has a strong management with experience inpotash industry and 43-101-compliant resources of over 100 million tonnes.
About Ubika Research
Ubika Research is an investment researchand capital market service firm based in Toronto and Vancouver. It providesinvestors research and insight on under-researched micro and small capcompanies. For more information visit www.ubikaresearch.com
About Smallcappower.com
www.smallcappower.com(SCP) is a leading resource for small cap investing. As an interactive website withrich investment content and dynamic functionality SCP brings investors andfinancial industry professionals together to discover and communicate withsmall cap companies.
Disclosure
Except for the historical informationpresented herein, matters discussed in this document contain forward-lookingstatements that are subject to certain risks and uncertainties that could causeactual results to differ materially from any future results, performance orachievements expressed or implied by such statements.
Ubika Research, a division of UbikaCorporation, is not registered with any financial or securities regulatoryauthority, and does not provide nor claims to provide investment advice orrecommendations to readers of this report. For making specific investmentdecisions, readers should seek their own advice. For full disclosureplease visit:
https://www.smallcappower.com/microsite/CompanyDetail.aspx?CompanyID=7
Contact Information
Vikas Ranjan vikas@ubikacorp.com
Note: This email is sent to registeredusers of www.smallcappower.com and www.ubikaresearch.com. Tounsubscribe please send an email back to info@ubikacorp.com
Christian B. Scovenna |
49 Front St. East | Suite #400| Toronto|Ontario M5E 1B3
Bus 416-363-9694 | Fax 416-363-7977 | cscovenna@investor3.ca | www.investor3.ca
PPlease consider the environment before printing this e-mail notice
This email isconfidential to the intended recipient and may be legally privileged. Anyunauthorized use, dissemination of the information, or copying is prohibited.If you are not the intended addressee, kindly notify the sender by returne-mail and delete this message.
The opinions, estimates and/or projections contained herein are those of I3 asof the date thereof and are subject to change without notice. I3 makes everyeffort to ensure the contents contained herein have been compiled or derivedfrom sources believed reliable and contain information and opinions which areaccurate and complete. However, I3 make no representation or warranty, expressor implied, in respect thereof, takes no responsibility for any errors oremissions which may be contained herein and accepts no liability whatsoever forinformation and its contents. The information contained herein is not to beconstrued as, an offer to sell or solicitation for an offer to buy, anysecurities. The officers, directors or employees may from time to time acquire,hold or sell securities mentioned herein.