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Bullboard - Stock Discussion Forum Afri-Can Marine Minerals Corporation V.AFA

TSXV:AFA - Post Discussion

Afri-Can Marine Minerals Corporation > Make visiable hidden values
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Post by LeGagneur on May 17, 2011 10:05am

Make visiable hidden values

Make visiable existing but hidden values in conjuction to finding good grades in good minable concentration of diamonds and this improve future valuation is really what this endevour now is all about.

Assuming Mr Leveille is correct that they will be able to make visiable some
.5 cents per share within months possibly weeks by listing the Haib project in a separate entity on the exchange well then just there is a forseable 100% increase in AFA valuation compared to current valuation. Given such an assumtion and only based on that particulare project funding at attractive terms vs todays valuation then should not really be an issue.

To this add possible trial mining and own cash flow and the picture improves even more. As availability of resourses related to having access to state of the art and indeed very modern sampling equipment and mining capability not is an issue any longer going forward (never has this been the case related to AFA) the only real challenge now for AFA is all about getting enough funding without diluting the number of shares in order to maximase shareholder value.

There shure are concessions awailable to a very large amount and somwhere out there there are diamonds profitable to mine. Only question is how long before AFA gets hold of them. AFA indeed already today has all necessary equipment, skills and expertice. The partnering with IMDH could in this regard show to be a real added value for both parties and for sure AFA shareholders not then least the regarding awailability of possibly interesting concessions.  

The more I look at this it begins to daunt to me this now has developed to what really could become quite rewarding indeed. Clearly timing vice this particulare moment AFA is at right now in between exploration, financing and then productrion is what can give the best possible leverage for an investment. basically then it's all about when. This as we have:
 
- the geologiocal expertice, experience and knowledge  
- the local political netwok, contacts and precense.
- no real new entry of competition possible shorter term as well as restricted growth by DeBers
- awailability to most modern and necessary exploration and production exuipment
- many new concessions awailable further down the line in areas with very promesing features 
- a new industry (off shore mining of diamonds) now on the verge of a tecjnical revolution
- great fundamentals outlook in terms of supply vs demand of diamonds ww

If there is a time to buy in to a story like this well then possibly this then is now.
  
Comment by pkpotential on May 17, 2011 11:12am
I love your posts. Keep it up, it's nice to see someone actually adding value.
Comment by superstar1976 on May 18, 2011 1:23pm
LeGagneur, excellent post. I do believe this has much potential, however the financing piece could delay the 4 months anticipated start date, and could also impact the SP if they have to go to Market for this, which means I think we'll see a 0.05 or 0.06 PP, adding thousands more shares to the already large float. That is why I sold. I figured I'll be buying back cheaper at a later date ...more  
Comment by LeGagneur on May 18, 2011 2:23pm
superstar, sure anything can happen and it's a free country. However given where we are  right now having access for the very first time not only to concessions of interest but all the necessary permitts, equipment, vessel and expertice and IF you want to participate in a exploration project like this one I simply can not for my life understand the logic to chose not to participate ...more  
Comment by pkpotential on May 18, 2011 5:17pm
Making money elsewhere? It's clear it won't be with TCF or SCG. GL
Comment by superstar1976 on May 18, 2011 11:40pm
TCF? No, it won't because I sold that at 0.50....SCG however will prove you wrong. What do you base that opinion on?Come on over to the SCG board and lets discuss..
Comment by flawlessM2 on May 21, 2011 3:56pm
i'm in AFA as well as those...may i ask why it won't be with TCF / SCG with the huge upside there?stocks are about upside potential...correct?
Comment by superstar1976 on May 22, 2011 3:03pm
hey flawless....I think the upside potential is there, but the differnece between SCG and AFA is one is earning revenue and has no debt, has a solid business model and in the growth phase of its plan.  The other, is purely speculative and its upside depends on finding something on the backs of investors who will have to be convinced to do the next PP.....that is the difference in my opinion.& ...more  
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