TSXV:AAA.P - Post by User
Post by
Mark101on Jan 17, 2012 1:35pm
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Post# 19412978
Argentina Property NI-43-101
Argentina Property NI-43-101 If Allana can come up with a quick resource estimate for our Argentina property using existing drill holes from deep oil drilling and applying Gamma Technology like Karm suggested in a previous post, that could be a real game changer for Allana. It as been done by another company in the area and they we're able to produce a 43-101 without drilling.
Vale are building a huge expansion on their project next door to us and they have a tremendous amount of potash. Other companies are in that area as well. The Argentina property is quite substantial in size and could have as much if not more reserves than Ethiopia. I would not be suprised at all to see AAA come up with a quick 43-101 for the Argentina property using this technology which involves no drilling.
One thing to remember is that Forbes Manhathan has a great reputation when it comes to obtaining top dollars for their investment and that is why I would be very suprised if something happened (buy-out) before they can put a price on the Argentina property.
GLTA, enjoy the ride !!