RE: Bang onAFA is now at a major turning point, for all you long time
shareholders the wait has been long, however, AFA is now in a
position to test the seabed which will enable them to "quantify"
an inferred resource.
One of my contacts is also a long term shareholder, he views the
situation as follows;
Let's say that AFA quantifies an inferred resource of 2 million
carats, multiply that by 40.00/carat = 80 miilion $$, just for that
portion on Block J, divide that amount by the outstanding shares
= a share price of over 1.00, a little less than the price that
Jennings Capital has stated in their "speculative buy
recommendation"