AgriMinco Corp ETPHF

Tic toc until 2012

[likesmoney]

Sometime in 2012, crappy management of FED will actually announce the 1st drill hole results.

Maybe they aren't that good????   Good news travels fast.  Bad news comes out from Pub Co's at a snails pace.

[STVP]

All the holes have intersected potash at shallow depths so you are quite wrong. Just go and read their previous news release, they clearly stated that all the holes have hit potash. What you don't understand is that FED is not AAA. FED does not need to do any more financing before a 43-101 that sets them up for a take out. If management wanted to do a financing or had that in mind they would

[yachtmaster]

Go look at the history of the days in which FED publishes news. Odds are news will come tues, wed, or thursday.

[AdamJT]

No potash junior has been taken out on resources alone so don't kid yourself. In fact the more junior explorers that jump in the less likely that will happen at a premium. FED will need money, don't kid yourself and frankly don't think that's a bad thing as it's par for the course in exploration companies. Dilution is part of being an explorer. Go look at the average share

[bob--ten1]

Interesting how insecure Allana shareholders are that they have to bash FED  about financing.  Fed can raise another 25 million and still not be anywhere near the float Allana has.

[STVP]

Adam, money is not really a problem with FED (they can easily do a PP with a couple of strategic investors for $5 to $10 million if they need more to get a 43-101 done). The real situation with FED is that they have over 50% of the basin fairway and the ONLY ONE with open pit potential. Recent announcement by India of a $20 billion fund for acquiring fertilizer assets would certainly put an open

[bob--ten1]

Adam and the other Allana boys know all of this. That's why there bashing FED because Allana won't allow a take out. They would rather dilute the crap out of AAA to build a mine. The need to raise $ 300 threw equity. Good luck with that.  FED is the only one with takeout speculation awaiting it.

[AdamJT]

They are a long way from proving open pit potential and to claim they are the only one is 100% false. They need to drill the east side of the property first then do a PEA to determine potential. Frankly, India is just as patient as China and if you actually look back you will see that Sanik/Yara have been at their property since prior to the 2008 crash. Be realistic in your expectations is all I

[AdamJT]

I'm a FED owner pinhead and on to ignore with your new ID. If you look back i said what they were worth to me at this stage and this stock went below it.

[bob--ten1]

Spoken like a true Allana bagholder with no hope of a takeover.

[STVP]

Adam, I agree with your comments about economic assessment, feasibility study, etc but that's only if one was never done in the basin close by to FED land. Considering that Allana has been pulling the cart in the region and already did a pre feasibility study, it gives perspective investors an idea as to what it will cost and they can see for themselves the land holding package that FED has

[AdamJT]

There was no reason for the poison pill and it baffled me why they did it. In fact based on ownership structure there really wasn't a need for one unless they plan to issue more shares and dilute the current share structure. F/D They sit at 142.7 million shares and their estimated program spending according to their website is $15 to $20 million and they have a cash position of a $11 million