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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by FRANJULon Nov 28, 2011 5:59pm
232 Views
Post# 19272501

RE: RE: RE: RE: Bids now at 0.035

RE: RE: RE: RE: Bids now at 0.035if you know in what you had invested, you realise that they will have to make a move. They will have a hard time  to find new investor.  My opinion if they will start to work on the structure of their capital soon, they have no choice.  It could be bad on investors. Do they have the choice ? 
 
240 m share it is too heavy for a junior like this, and i am sure that you realise that.  What will be the plan for the future very good question.  

If they get 12 m in cash like people said,  they will have to keep that money for the next phases. Forget the dividend. The problem is 12 m, it is not too much for that aventure....   

I understand that they will be in NY tomorrow for a presentation or a conference.  I hope that they will find new money but the problem is more share on the market.  At 0.04  it is not easy to collect new investor.  

Do they miss their chance two or three years ago maybe....    

 

         

  
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