TSXV:AAA.P - Post by User
Comment by
Ethanbrodie123on Mar 03, 2015 2:49am
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Post# 23482972
RE:FA's acid test is tomorrow. More gains this week expected
RE:FA's acid test is tomorrow. More gains this week expectedif you are so optomistic, i wonder why you don't have a vested interest....Also, just because they about doubled the npv, they still need to raise the cash and make deals.. sop is also years away from production.. Just because the shareprice won't be at 50 cents does not mean there is something wrong.. lol.. The market basically knew that the sop pea was going to be very positive.. (I think it is a bit more positive than what I was expecting actually) We went up about 20% to this news.. I think today we had alot of profit takers and in the next few days we probably will consolidate down a bit or go up a bit before then next leg up but its all speculation.. I did not think after so much good news this last 3 years we would be at this shareprice and if uralkali did not shake everything up we probably would have been a little further along and a higher shareprice but that's life. The bottom line, it comes down to financing and dillution. If they can get the financing and limit the dillution, the shareprice will be much much higher. This is what the market has been waiting for for a few years now and I actually think it will overeact a bit.. and i'm hoping on it as I can extend my position and maybe do a few nice trades while my much larger long position is benefiting..