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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by LeGagneuron May 12, 2011 7:58am
398 Views
Post# 18564366

Stockholm Monday

Stockholm MondayMonday AFA management to Stockholm to meet shareholders and investors. Sure is going to be interesting to hear then what the'll have to say about recent events as well as the the immediate as well as longer term future of this company.

Next sampling it was stated earlier was supposed to start some three months after completion of this the most recent sampling. In the latest NR it was just stated the next sampling was about to start as "as soon as possible".

Maybe this far the results from the northen part of as shown by this the most recent sampling of EPL3403 could be said was a little bit dissapointing? What are now managements plans related to the Northern area of EPL3403? Southern area sure this far more promesing
 with good concentration on several sites as well as opportunity for good concentration on even more sites. How confident are they this will turn ot to be aprofitable mining area is something I'm keen on hearing management elaborate upon. Trial mining by Q4 2011- is this still on, etc?

Then some coming events as stated in earlier communications from the company:

- Second sampling of EPL3403 to start possibly by August?
- "Secondary listing on the JSE second half of 2011"
- "Trial mining of EPL3403 last quarter 2011"
"Trial mining of Block J after the first exploration phase of EPL3403" - when?

Then of course we also in addition to the diamond sapling have the Haib on shore copper mining project. What are now the e.g. political/financial risks associated to this project? Opportunity is there how then to develope this in a profitable way?

More about all of this then I guess on Monday. Stay tuned.
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