TSXV:AAA.P - Post by User
Comment by
str8tgoodson Jun 28, 2010 2:51pm
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Post# 17228030
RE: RE: Expectations of 25 MT Measured Reserve
RE: RE: Expectations of 25 MT Measured Reservesumeroil, the market is unsure of the amount of Potash Allana will prove up, that is why the market cap is currently where it is.
Once expectations are "met", then the valuation by the market should be what the proven deposit warrants. At present it is not proven, but expected. It can either be less, or it can be proven to be more, but we just don't have the proof yet, otherwise why are we drilling.