TSXV:AAA.P - Post by User
Post by
loonie4buckson Feb 11, 2011 3:25pm
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Post# 18119075
Just a thought...
Just a thought...Not sure what triggered the trading activities on Wednesday, but with Farhad's interview on BNN and the host questioning him on the transportation system, my thoughts at the time when hearing Farhad's answer concerned me. He spoke quite explicitly on the road situation and concerns, although he did elaborate on the Ethiopian government paving some roads etc, but I thought he would have made mention of the railroad system being built that Allana will be using. I ventured to the MAA board, seeing MAA dropping and saw a post of an attachment of SALMAN also making issue of the road and transportation concerns and comparing AAA to WPX, MAA and AMZ.
These concerns, IMO should not be elaborated on as AAA is not producing at this time and has quite sometime for the road concerns to be rectified. But the interview yesterday and this SALMON report gives false information or is twisted in nature to give the impression these are of immediate concerns. Nor did this report elaborate further on shipping costs. FOB Vancouver can be very costly. FOB from Djbouti comes cheap.
Now my other thoughts are, WHY IS IT TAKING SO LONG for the assay reports on holes 9 & 10 to come back. Very odd to me, it's been 2 months or close to it. My understanding is that once reports are done they must be made public immediately upon receipt, so have they received them? Just feels odd to me it would be taking this long. I am certain the reports will be well worth the wait, but now that our sp has dropped some, it would certainly be nice to have the results back. Once these reports are in the sp should stabilize.
Just frustrated Shorts are making money and I don't want to swing trade, my average is too low.
LONGS WILL BE WINNERS...WE JUST HAVE TO BE PATIENT.