TSXV:AAA.P - Post by User
Comment by
allanahilknmoneyon Aug 23, 2013 1:29am
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Post# 21691756
RE:RE:RE:RE:RE:This proves to me AAA has furthest to FALL yet
RE:RE:RE:RE:RE:This proves to me AAA has furthest to FALL yet
Ditto to that bud. There's no need to denegrate others' investments here. Like I said, KRN is the cream of the crop in Sask and I actually feel bad about how it's been unfairly singled out. Sharks go for fresh meat and don't care about fundamentals. Allana's tarred by the same brush but has been spared by the fact it doesn't operate in many of the unfortunate parameters, goegrapically, economically, financially or strategically as many of the other greenfields. I made a choice to invest outside Canada because costs and end markets were paramount to me, but I certainly have no satisfaction in seeing others suffer. I hope you can find an exit point and come out ahead, but it does look bleak at this point. Apart from comparable economics, developmental financing and strategic location is the deciding factor here imo, and the current environment has magnified the advantage.