TSXV:AAA.P - Post by User
Comment by
bashertrasher1on Jan 02, 2015 2:38pm
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Post# 23280550
RE:RE:Chart comparison Allana vs Typical Mine
RE:RE:Chart comparison Allana vs Typical MineYes we are at the start of the production - revaluation phase. so where does the share price go from here? If we get financing? UP. If we don't? DOWN. It's that simple. Now if the financiers didn't see this as a viable project, then why did they ask for further water tests and cavern optimization tests? BECAUSE THEY PLAN TO MINE MORE THAN THE ORIGINAL 1 MILLION TONS PER YEAR. If this wasn't a viable project, they would have declined financing a long time ago. But they didn't, did they? They wanted assurances that the plan could sustain MORE than 1 million tons per year.
oceaneleven wrote: Thanks for putting up that chart......it looks like the discovery-speculation period was/is a little more paying to the investor then now...........I was very close when I pegged Allana sp today in that phase.........you have us in the bottom of the production-revaluation phase.....