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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by Jonnyteston Feb 03, 2011 3:39pm
335 Views
Post# 18071238

RE: Come back to 0,06$

RE: Come back to 0,06$Nick,

Stop complaining, it's clear from your BB that you just do not get it...

The transaction is subject to TSX V approval, so what ever schedule both parties to the transaction put on the deal, the fact that is that it the TSX-V approval is the key....

It may just be a technicality, but the regulator can slow down the process for whatever reason the want, and there is nothing the Company can do...

Please read what the last pr said:

"We are awaiting the TSX Venture Exchange’s consent to file the revision report on SEDAR.

Afri-Can is currently working on closing a $2 million financing that will enable it to satisfy the condition of the acquisition and start the sampling work on EPL 3403. The technical teams of Afri-Can and International Dredging and Holding Ltd ("IMDH") are currently working on finalising the programme planning and schedule which will be disclosed to our shareholders as soon as technically feasible."

So the Company cannot moved until it get TSX approval but they are confident enough that a deal is going to pass that there are actively planning the next sampling programme..

You may not like the information, but it is all there... and I am postive about the results, so I just stop looking every ten second for something to happen, it just make the time seem longer, but it changes nothing

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