RE: Afri-Can the diamond and copperFelix51,
Not long ago, when questioned about your motivation in posting and staying invested in the stock, you claimed that your post were realistic and honest and that you were not a seller at 7 cents and even a buyer at 6 cents. But then your last prediction was 3 to 4 C by the end of summer....
Now, your come back with one of your famously cryptic messages that is hard to understand, if you are a pumper or a basher of AFA ... (naturally your english is so atrocious that is does make the exercise almost impossible)
Especially when you come out with your comments just after the Company received its first analyst report that give a present value to the marine diamonds operations at 26 C per shares.... And that the Company succeed in closing a financing at a premium of at least 16% to the market close in one of the most difficult market ever...
Once again I must ask the motivation of your post....
Now let look at what are you trying to insinuate:
That AFA management are nothing else then figure heads and that other people are pulling the string from afar ? (Do you have any evidence for that ! And what would be reason for that ?)
That as per an anonymous friends of yours (a marine diamond expert we must assume) diamonds resources in Namibia are depleted and that there are only crumbs left that can never be mined economically ? (Interesting theory, but do you have any serious evidence to support your claims ?)
These two comments would make you a basher of AFA and therefore open up the question, why do you still have these shares in your portfolio ?
Now, your comments about the copper play with “teak” (I must presume that you mean Teck) seem positive, but even that is not very clear. You only seem to hope that the project will give some value to shareholders... A pretty lame comment on which to base your investment if you ask me...
Now please tell us. what is your personal valuations of the Haib copper project, the diamond projects, and of AFA ?
For me, as per all the information available on the Company, there is no rational reason why one would be is selling AFA at these prices.... I understand that there are day traders that play the stock and that they are trying to cap the stock at 6.5 C and buy it back at 5.5 C for a small profit, but why would investors sell now, and give those F*ck any small profit is past me.
The rational value of AFA should be greater then 7 C, now trending toward 15 C and above 30 C by the end of the year.