TSXV:AAA.P - Post by User
Comment by
demolitionon Feb 08, 2011 10:17pm
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Post# 18098917
RE: yesterday
RE: yesterdayboth ppi and epo have long roads ahead of them, mostly I think because start up costs will be huge and they have to go through environmental assessments, and there will most likely be some opposition by other landowners or whoever. Their operating costs will also be a lot higher, as well as transportation costs. in the long run they may be ok but in the short term they are starting to become overpriced, like a lot of the other juniors who have nothing to say apart from 'we are thinking of drilling'. I think the thing that puts AAA ahead will be they seem to have all their ducks in a row and will be able to quickly go into production with a buyer already secured. jmho. Lots of people are freaking out about the safety of being in Ethiopia, but there are numerous players out there as well as in Eritrea, and the govts. there will be happy to have some cash cows handy on both sides of the border.