RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Afri-Can NDear Scarognato,
My understanding of english is better then you think.
When you read all of your comments, it is clear that your intent in using “could mean anything” was not as a synonym of “developing or drilling or analyzing or whatever ” since that would implies that your are completely reversing what you stated before.
Remember you are the one that stated: “I read that further work programs does not mean developing the project.”
Yet when one read the dictionary definition of developing you can notice that the verb to develop implies : “to bring out the capabilities or possibilities of; bring to a more advanced or effective state: to develop natural resources; to develop one's musical talent...”
Therefore since a work program represent the action undertaken in order to develop the project, it is very hard to come to any other conclusion then your intention in using “could mean anything” was more “does not mean anything” (ie. no development) then “developing or drilling or analyzing or whatever ” (Ie. development of )...
If you have another explanation then could you please say why I should see a difference between “developing or drilling or analyzing or whatever ” since drilling, analyzing or whatever are all actions done in order to develop the project ?
Now if what you trying to state is that information available does not let you come to any conclusion about what form the future development stage will be: “drilling or analyzing or whatever” then you are correct that this information has not yet been given to us.
Let look at what the article was stating in plan english:
“Teck plans to go ahead with the development of the estimated 4 billion pound Haib copper project in Namibia following encouraging results from its latest drilling program, junior miner Afri-Can Marine Minerals Corp. (AFCMF) said Monday”.
And that is in total agreement with what AFA press release was stating on the second page of the press release when it said:
"Teck is currently planning further work programs that will be disclosed to Afri-Can and Deep South in due course."
So in conclusion all that we know is that base on all the work Teck as done they like what they have found and are ready to make more work in order to develop the project going forward.
While, we do not know what will be the next stage, what we know is that base on the historical information available , AFA shares of the deposit could equal 600,000,000 lbs of Copper, or 3 lbs of copper per shares, which all confirm my serious belief that AFA is way way undervalue...
Now, will it take a further announcement from the Corporation on the next stage of the development of Haib to get more action maybe... but one thing is for certain when you combine the Haib asset to the marine asset you have a bigger winner then people think.