TSXV:AAA.P - Post by User
Comment by
lotusprinceon Dec 31, 2013 1:58pm
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Post# 22049331
RE:RE:RE:Few double digit up days are now expected
RE:RE:RE:Few double digit up days are now expectedbump...-:)
SP valuation is far away from reality. However with few good catalysts just around, it will be matter of few days when run up happens towards real market valuation.
See experts from RK's interview with Financial Post:
Kelertas emphasizes, “We’re not going to give the company away. There is no doubt that we’ll be very, very tough negotiators, if someone comes in and offers a ridiculously low price. Even a normal premium of 30% to 40% to our current share price would like be too low. This stock was well over $2 for a long period of time, and now we’ve progressed and doubled our size. So we’re worth a heck of a lot more than the market suggests we are. Even our current preliminary economic assessment, if you take a look at that valuation using a 12% discount or use whatever discount rate you want (14% or 15%), we’re extremely undervalued. Now that we’ve added Nova, I think we’re the best bargain on the street right now.”
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp?postid=22049067#ElLuU2d5Ki6GS8Ck.99