TSXV:AAA.P - Post by User
Comment by
jbbigboyon Nov 24, 2010 8:53am
294 Views
Post# 17749645
RE: Underevaluated?
RE: Underevaluated?Probably....but a few things are holding them back....
a) Uneasiness about Africa....poor infrastructure CURRENTLY..so i dont get ripped apart later by other posters...
b) Hole 4 was unimpressive...Hole 5 really slowed them down...
c) Mgt. is working hard but they have shifted their focus to the new property...which is yet unproven.....
All in all , they seem to be taking 2-3 steps backward and hopefully for shareholders they have taken these steps as they are soon to jump 7-8 feet ahead.....
Funny to watch PPI fly up to the mid 20's so fast.....I know I haven't been kind to AAA lately but I really cant believe that PPI is valued at 0.24 as of right now at the open and AAA is 0.50.
I understand EPO's s/p as it has huge o/s but PPI hasnt put a drill in the ground yet and it COULD hit the 0.30's by friday....