TSXV:AAA.P - Post by User
Comment by
steelbluiison Feb 03, 2015 9:19am
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Post# 23391664
RE:RE:RE:RE:Frank the Bank
RE:RE:RE:RE:Frank the Bankbashertrasher1 wrote: Ethanbrodie123 wrote: Like I said before, I think people are really just on the sidelines here.. I seen the plunge today in real time and it was a little worrysome at the time. Lets remember that it was only about 200k shares that took it down 4 pennies. With that being said, after a while the bids started to build again as no news was out and 850 000 shares on almost no change. in shareprice. It is still a little strange that with the good news coming down the pipeline that we are this low... But also, I think investors are just getting fed up.. as in it does not seem like any good news creates value in the shareprice. (i think that will change in the next few months) All of the juniors have been hammered and it seems like allana got it the worst for the good news in the past few years compared to the other juniors.. why is that? I think because the whole "africa" thing does not help because there still is an assumption that it is crazy risk.. and at these times in the junior space and really risky, things are very undervalued. Another thing. Haven't everyone noticed that for example on bnn almost every market call etc.. had juniors on it.. now, the "experts" don't want to talk about it because the whole space got pounded and all of their comments have turned out for the most part a bad investment. They are just steeing clear right now. I think both of these factors are the biggest reason why we are down here at these levels and why it is sensitive right now. Also, I think alot of the investors in allana who are trading are day traders or momentum traders. I think there was an anticipation like last year but when no real news followed, the momentum players are liquidating. I think this dump today was just out of frustration or out of someone exiting thinking more delays and there are better opportunites out there like maybe an oil rebound... I think once we get the pea of sop it will definitely give us a nice boost, and once financing is in, I don't think we will be near these levels anymore. I think it will be like dominoes.. That is what alot of investors are looking for is someone getting financing. They know all of these juniors are way undervalued so I see a whole bunch of people jumping in on the news of financing because chances are they can at least make a trade as it is crazy cheap and most likely still a good deal buying in right after financing before the news goes everywhere. A junior like this with ICL as the partner, getting financing, I garauntee almost all fund managers/ investors will be looking at this company again.. And then, they will see something that they have not seen because they stopped following the company.. A positive PEA on a SOP as well that could be worth multiple billions... I think we can all agree that if there is a pea that is positive and we get full financing on the MOP, the risk for not getting financing on the sop where it might be doubly economic than mop, would be incredibly low...
Ethan has decided the ending... just like Da Trashcan.... aka shareholders.