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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by arpagon29on Jul 16, 2012 10:11am
360 Views
Post# 20116612

Oyeve Franjull

Oyeve Franjull

Your last post clearly demonstrate how little you understand the business models of Junior exploration Corporation..

 

And yet the model is very simple, Junior exploration Corporations acquire concession with potential, do exploration work on the concessions and if the result show promises they do more work...and this continues until either the exploration work warrants the start of commercial production or not...

 

Historically, that is before the market stared to be agoraphobic, a exploration Corporation market value with trend up in stages to reach a point close to its bankable feasibility value...

 

That is the business model that AFA is executing and the fact that the Corporation was able to close such a large financing validates the fact that the previous exploration work warranted the continjuation of the exploration program...

 

So your last prediction about the the failures of AFA was wrong so I am waiting for you apology...

 

 

 

 

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