GREY:ETPHF - Post by User
Comment by
cosford74on Oct 31, 2011 12:32pm
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Post# 19195569
RE: RE: RE: my guest
RE: RE: RE: my guestThere is nothing in the short term that will double AAA - at least nothing within AAA's control as an Indian or BHP buyout would do the trick, but that is not likely anytime soon. AAA will no longer move on drill results. The only news that will move AAA are the revised resource estimate and the open pit feasibility study due by the end of the year.
FED, on the other hand, will move with drill results as it is still in the exploration stage. Completed holes and depths are good, but we need to know the mineralization and grades, which will only come with the assays. FED has reported intercepting potash mineralization at relatively shallow depths, so with positive grades, the SP may move solidly upward. The drill results will be released "soon" - whatever that means...