TSXV:AAA.P - Post by User
Post by
lotusprinceon Apr 18, 2013 8:01pm
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Post# 21272884
past present and future...
past present and future...Water shed moment in past was last financing when market was expecting deal with BHP or Yara. Ever since that financing Allana's share never truly rallied and hedge funds And banks who were building positions gradually sold their positions. Present is reality that there needs to be partnership with experienced miner. China and India also do not have experience in building mines so only options left are cheap sell out partnership with Yara or bring in external recognized miner in Ethiopia. In past Allana paid millions to pump and hire people like Richard K. (Remember sino forest) which has failed badly. Future expects creditability so a good partner deal is required to bring Stock Price to $1.5 and time is running out....Will 2013 be turnaround year ? IMHO bottom is $.35 to $.30 cents so even if stock market crashes SP will not go much lower...it depends on Farhad if he can find a proven partner....not the likes of IFC or Liberty..India or China.>