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AgriMinco Corp ETPHF

Metals & Mining Industrial Metals & Minerals
AgriMinco Corp is engaged in the development, exploration, and evaluation of agricultural and industrial mineral projects across Africa. The company's project profile includes Southern Togo, Bassar, Danakil, and Oglat and Taoudenni.


GREY:ETPHF - Post by User

AgriMinco Corp > Man O man
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Comment by sun_shineon Sep 22, 2011 12:14pm
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Post# 19072166

RE: Man O man

RE: Man O manI doubt that they "need" to go to market any time soon. As of June 30th, they had over $7mm on the balance sheet.

Even at $2mm burn a quarter (which is at the high end), they would'nt need to go to market till late spring next year at least. Till then, lots of drill results and hopefully improvement in general market conditions should help move the stock price up. Not to mention, AAA's advancement of it's project would also have a positive impact.
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