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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by Sladden1on Aug 19, 2011 7:25am
226 Views
Post# 18959339

RE: Watch a shorter die a slow and painfull death

RE: Watch a shorter die a slow and painfull deathHej Gagneur,Like your posts a lot, informative and not very pumpy!Have been invested for a long time in AFA, actually since 2005 if anyone is interested. Never been tempted to sell but have on occasion considered myself a fool for not selling and getting in cheaper. Anyways, the target you have cited from RB is spot on but the Beta that you mention actually has nothing to do with any dollar amount. The Beta is purely a crude risk measure where the return on the AFA share is regressed against the TSX-V index. It means that the AFA share should have less risk than the market (0.46 vs 1) but in reality it is not at all important for a junior play.Cheers and keep up the good work(If someone thinks this is my first post on SH I agree it looks that way but I have forgot my password for my normal nick and the email registered is to my former employer, not someone I call and ask for access to my mail!!!)
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