TSXV:AAA.P - Post by User
Comment by
cosford74on Mar 01, 2014 9:34am
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Post# 22267853
RE:RE:RE:I find the parts in bold fascinating....anyone else?
RE:RE:RE:I find the parts in bold fascinating....anyone else?Simply click the 2year chart. AAA has not been trading around 50 cents for months and months, it has been around that level for two years. The 26 cent low in Dec was a multi year low and far from the point anyone should be basing the value of the company. Would anyone have been happy if ICL offered a takeover premium of100 percent from that level? 52 cents for the company? Of course not......
Why am I talking about milti year SP? Because unlike most I have been invested here for that duration. To call me a brasher simply does not reflect my history here. I stick around because I believe the company is moving toward production and will likely get bought out before that happens. Despite a supporter of the project, I at least can see the negatives where they arise. As stated before, the icl deal was not the best but will ultimately help AAA.
Management has done what they could under these conditions in the overall potash industry, but to think they have not made mistakes is foolish.