TSXV:AAA.P - Post by User
Comment by
Ethanbrodie123on Sep 25, 2014 8:43pm
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Post# 22971930
RE:RE:RE:RE:RE:Ferti... Ethan sez lotsa risk left here.... yikes
RE:RE:RE:RE:RE:Ferti... Ethan sez lotsa risk left here.... yikesI totally get what you are saying.. Last year, I think there was hope that potash prices would not go down as far as they did and also, I think there was hope that the cartel would quickly get back together as prices were falling. I think the market did not have it right last year and I do think the market does not have it right this year. I think Allana's shares are very undervalued to what milestones they have achieved in this past year. I think most analysts would have been in disbelief from last year when it was .50C and they achieved all of the milestones and now we are at .30C. Another reason is the financing delay and the question on why SOP right now?.. I think some investors see that as a negative or issues so they are doing a plan B strategy. I did sell off some of my position a bit higher than this recently because we are going into tax loss season and I could see .24-25C where I think no doubt would be an excellent entry point. I think the chances are much greater that in a year we will be over .50c than under .30c.