TSXV:AAA.P - Post by User
Comment by
The_Credible_Hulkon Jan 24, 2014 1:07pm
192 Views
Post# 22130883
RE:TODAY'S OKAY !
RE:TODAY'S OKAY !Sell while you can!! Another "news leak" with nothng of substance. They have not been able to ink a financing deal for years and clearly still having trouble.
Releases like this are meant to try and give a pop to the share price but have no fundamental value for shareholders.
I sold yesterday at $.445. Missed a couple pennis but would rather get out of this dud and put my money where management actually cares about increasing shareholder value and not their own pockets.
In juniors, look for three things.
1) Political jurisdiction - Allana loses here
2) management Team/ownership - Farhad on paper is ok, but clearly cannot execute on this project. managment ownership of shares is pathetic compared to other juniors with great assets.
3) Institutional backing - lackluster - IFC?? not noteworthy
Selllllllllllllllll