TSXV:AAA.P - Post by User
Comment by
cote101on Apr 03, 2011 12:10pm
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Post# 18378891
RE: RE: RE: Market Price/Risk Exposure
RE: RE: RE: Market Price/Risk ExposureAt this level,we have no risk of losing money. We will see $2.50 - $3.00 in a short term period.
The risk for me come from the game that BHP can play with AAA, if they buy FED.
If they decide to do this and built a mine, what will happened with AAA ???
They can offer a very cheap price for our share (+/- $4.00 instead of $8 - $16.00). May be not !!
So finally, my risk to not reach $40-$80 / share with AAA in 2014, come from FED and BHP and the buyout games, using one against the other.
I think that FED will prove with the necessary time that they have 500M - 1B tons of potash at very shallow and BHP
will buy them first and AA second. That's scare me a bit to lose my FUTUR BIG GAINS.
Did someone credible here can appease me and remove this bad dream in my head.
I think the only way to don't lose value is to make a kind a JV with FED to protect both Cie against BHP dreams.
PS: I don't bash here, i just want to bring an other view of a possible situation !
Strong and long for the moment in AAA
cote101