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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by edboxyon Mar 08, 2013 5:27pm
236 Views
Post# 21102705

Not So Bad

Not So Bad

Hey guys, just thought i would mention that this move up was not only AFA but several other exploration companies that i have been looking at. (good sign, proably institutions bottom feeding)

With all this fear and lack of interest in juniors over the past year really, it wouldnt surprise me if that was the bottom a couple days ago in AFA along with several other exploration stocks.

Im not claiming that AFA is just going to the sky, however it does look like the potential for an increase in price followed by a few months of good consolidation, and hopefully down the road a nice breakout with the next sampling.

When all i read is fear and how bad any particular market is (in this case the junior miners/exploration), along with some heavy selling, to me it shows the ingredients for a bottom are definatly in the mix.

Best of luck.

Matt.

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