TSXV:AAA.P - Post by User
Post by
Karmanowon Oct 29, 2011 11:15pm
405 Views
Post# 19193128
SOP and MOP you choose
SOP and MOP you chooseI would not worry too much about mining our SOP...Compass has been doing a great job at if for over 40 years now...I would worry more about getting $2 billion dollars to build a mine...and less about whether Allana has the goods or not!!...I predict we will be mining MOP from the Sylvinite Layer long before KRN or WPX even get capex financing...want to bet? Specialty SOP...increasing demand and price per ton...and only 6 m tons produced each year...its a no brainer Mjoy...but like many, you may have to wait for the PEA to be released in 2 months time to tell you what many of us here already know...
And dont say you were not warned about buying a stock at over $16 per share without securing long term financing or mine construction capex...those things can be VERY dilutive to the share price in the long term...not going to be at $16 when they have to offer millions of shares to build a $2 billion dollar mine after ramp up..
You had a winner in AAA 2 years ago...and as I told you...Buffet said most retail investors sell their winners way to early....
Karma