TSXV:AAA.P - Post by User
Comment by
AdamJTon Nov 24, 2011 9:37am
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Post# 19263839
RE: I was a shareholder for 10 months and I sold t
RE: I was a shareholder for 10 months and I sold tGood luck. If you think the company is worth $300 million than you probably shouldn't be investing long. Based on that PEA from my perspective we're worth up to double that. The only reason we don't get valued better in market place is that Bay Street is functionally useless when it comes to understanding African companies let alone looking at the bigger trends. China has been buying up African explorers and developers for pretty much nothing. Most of the Bay St. guys also have their hands deeply into the moose pasture plays...sort of like ostriches sticking their heads into sand. What's more amusing is questioning our PEA but it's the same company who did the pasture pumps...no one question the integrity of the numbers out there. One other thing I think they are afraid to value Allana fairly because they know based on Farhad's performance to date that he would must likely pull together the equity financing before feasibility is completed thus making them look even more incompetent. They should hop on for the ride and enjoy it but doubt they can let their egos take the hit.