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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by arpagon29on Mar 08, 2011 7:27am
418 Views
Post# 18249517

RE: RE: RE: RE: RE: AFA aheading towards 0.45 cent

RE: RE: RE: RE: RE: AFA aheading towards 0.45 centDear Mike Bod,

I understand that you are frustrated with the share price, as I am, but your intellectual dishonesty is incredible.

Take a good look in the mirror and you will notice that you are the only person to blame if you have not been able to make money on your investments AFA over the years you mention...

While the development of AFA as been slow, what you forget to mentioned is that since 1995, AFA has been able to survive for a very long time while advancing it's project, and this over a period when it's peers in the diamond industry  have all died because of mismagment of their resources and this left there investors with nothing...

Furthermore, you also do not mention that during the period you talk about, the shares of AFA have traded in many different ranges, allowing investors many opportunity to make a good return on there investment...

Now, let get a point straight, AFA is an exploration company, as such they do exploration work, and that is a high risk, high reward business, and sometime, as it was the case with the block J exploration programme, mother nature can play some trick with what is there...

The only thing missing in the block J exploration results was the size of the diamonds founds, and if the size had been close to the regional average, we would not be having this discussion...

But, AFA dedication to marine diamonds has enable AFA to get access to a great second marine property, and this at a premium to today market price...

So if you don't see right now the potential, at what share price will you change your opinion ?


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