RE: RE: RE: Let's be clear!Ok Wise-Guy,
Let's put it clear and get the fact straight.
Firstly: yes, there is an analyst rating, RB Miletsones rate the
company with a target of $ 0.26, and that is only for the Marine Diamond part. The report is very comprehensive for about 30 pages. It is on the home page of Afri-Can's web site at: https://www.afri-can.com/files/ssparagraph/f1609113315/
ivr_july_11_3_2.pdf
Secondly: To complete my previous post, I must add that an exploration company never shows revenues or shows very little revenues. In the case of Afri-Can the last very successful sampling extracted about 80 stones for about 22 carats. At $ 400 a carats in makes a huge $ 8,000. Is this what you mean when your are awaiting the next statement to see if they made revenues? If it is the case, then you will be disappointed.
However, if you understand this business a little, then you will realize that as an early exploration step, these results were very good and shows many important fact, such as they discovered 3 deposits, which hosts stones of a size and quality that will make these deposit in the right ball park for high profits. Based on these results, they can now go to second step, which is start to delineate the resource that will unlock the value of the company.
This my friend is the reality and you seem to be on another reality which as nothing to do with mining exploration.
Buffet is always saying that he is successful because he invest in the industry he knows and understand. Of course, it is not easy for small investors to know well industries and market specificities but at least smaller investors should take a little time to educate themselves in reading the information available and decides for themselves if they invest in an industry or not.