TSXV:AAA.P - Post by User
Comment by
allana68on Sep 15, 2013 2:37pm
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Post# 21741199
RE:Okay gaggs.....
RE:Okay gaggs.....KRN does have cash which means they can take their time and not worry about going back to the market, good thing, AAA has enough money to get things (offtake, financing) lined up, if they do that money really isn't a big deal. Neither company has enough money to get to production, so a big pile of cash is nice as long as it lasts long enough to get you somewhere meaningful. Politics and location? KRN is in a stable location with decent political situation, AAA it's more like the wild west of the 1800's. So KRN may have more government hoops to go through than AAA, AAA seems close to permitting. As has been said "both are speculative" it's not quite comparing apples and oranges, both are interesting stories. In the long run both have pounds in the ground and I feel will play out. KRN under valued, AAA close too upside catalysts, IMO.