TSXV:AAA.P - Post by User
Post by
doggystyIeon Nov 13, 2009 9:10pm
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Post# 16486306
After reading Dundee report
After reading Dundee reportall i can say is wow. First clue that AAA shareprice will head higher is that we need to raise more capital about 30 million dollars in order to complete feasibility.
Now you're all probably thinking that I'm whacked but if you consider that management went out of their way to strike the deal with China minerals rather than Chinaco as this deal isn't as dilutive to shareholders then it's safe to assume that in order to raise this $30 million they will do the PP at a far higher price. I'm thinking $.90-$1 a share. That way we'll only add 30 million more shares to the count.
Hence they will have the houses move the share price up to $1 in short order. I've seen this many times with other companies and with this Dundee report I can say unequviocally that we are headed to $1 in very short order. Fasten your seatbelts boys this rocket is going supersonic.