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Anfield Energy Inc V.AEC

Alternate Symbol(s):  V.AEC.WT | ANLDF

Anfield Energy Inc. is a Canada-based uranium and vanadium development and near-term production company. A key asset in the Company’s portfolio is the Shootaring Canyon Mill in Garfield County, Utah. The Shootaring Canyon Mill is located within the uranium production areas in the United States and is the licensed uranium mill in the United States. Its conventional uranium assets consist of mining claims and state leases in southeastern Utah, Colorado, and Arizona, targeting areas where past uranium mining or prospecting occurred. Its conventional uranium assets include the Velvet-Wood Project, the Slick Rock Project, the West Slope Project, the Frank M Uranium Project, as well as the Findlay Tank breccia pipe. The Shootaring Canyon Mill is located approximately 48 miles south of Hanksville, Utah. The Company also holds the Marquez-Juan Tafoya uranium project (Juan Tafoya) located in the Grants Uranium Mineral District, about 50 miles west-northwest of Albuquerque, New Mexico.


TSXV:AEC - Post by User

Bullboard Posts
Post by Buddyboy1on Jul 02, 2013 11:38am
334 Views
Post# 21584186

Tread very carefully

Tread very carefullyAfter watching the last company fall apart that this management was involved with, I think any new investors should pay serious attention to the debt here. According to the last financials this company had 1.7 million in cash but had 7 million in debt. The mistakes made over at Thunderbird could/should seriously affect the ability to raise money here at AEC.  TBD shareholders were misled with promotional NR's that were signed by Artisans CEO. I am only stating facts that can be verified yourself with a little DD. Also, a friend told me that these guys were trying to raise money so BE CAREFUL. After debt, by my calculations this company is worth about .10 cents per share and is currently trading way to high. If TBD history repeats itself here, in two years this stock will be below a nickle. The debt will kill this stock IMHO


Good luck to all
Bullboard Posts