Afri-Can Marine Minerals Corporation V.AFA

WHY?????

[culjack]

Can someone tell me why afa is worth .07 and makes nothing but debt

and rdi is only worth .05  and has 3 operating diamond mines with 7 million dollars profit
last year.

[arpagon29]

Better management :)

[arpagon29]

Seriously,First to be honest and compare apple to apple, RDI has 524 M shares outstanding and a MC of $ 26 M versus AFA 222 M shares and a MC of $ 15.5 M...Second, contrary to your comments, RDI did not generate 7 millions dollars of profits but a loss:"A loss of $5.1-million (fiscal 2010: $7-million), or one cent per share(fiscal 2010: three cents), was realized for the year."And