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Bullboard - Stock Discussion Forum AgriMinco Corp ETPHF

AgriMinco Corp is engaged in the development, exploration, and evaluation of agricultural and industrial mineral projects across Africa. The company's project profile includes Southern Togo, Bassar, Danakil, and Oglat and Taoudenni.

GREY:ETPHF - Post Discussion

AgriMinco Corp > Financing
View:
Post by Zorus on Dec 15, 2011 3:12pm

Financing

Hi everybody, The drill results are very good and I'm looking to invest in the compagny, but there is only one thing that makes me hesitate: cash in the bank (max 6-8 millions). So ethiopian potash corp will have to do something. Do you think a strategic partner will appear or the compagny will have to get the money in the market ?I would like to know your opinion about this subject and I think it will help a lot of people here.
Comment by wpf1 on Dec 15, 2011 3:17pm
3 million now .....market
Comment by wpf1 on Dec 15, 2011 3:28pm
...... no rush to do any type of financing...............Are you dumb or just stupidyour burning through a million a month......almost broke so to speak     
Comment by bob--ten1 on Dec 15, 2011 3:37pm
A million a month .Which orifice did you pick that number out of .  They are only drilling and they own their own drills.  
Comment by LoganCopper1 on Dec 15, 2011 3:40pm
"Do you think a strategic partner will appear or the compagny will have to get the money in the market ?I"I never invest on hopes of a "strategic partner" "buyout" "angel" etc coming out of the woodwork. If its a long term hold, its a long term hold. If I were worried about a companies level of cash and hadnt invested, simply put I would wait. Look what ...more  
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