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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 > IF AAA Worth
View:
Post by AdamPJ on May 02, 2012 1:16pm

IF AAA Worth

This Much

 So we’re getting a valuation on the project now somewhere around $90 million to $100 million when the thing is worth 10 times that.

Whats FED worth??? With triple the land mass and shallower deposit?

Comment by aklto on May 02, 2012 1:53pm
AdamPJ, You're right, triple the land mass but untill now no proof that all land covers potash. On the contrairy, only the historical numbers on the Bada-license-land are confirmed and that is less than 1/3 of the land mass. And we have to wait for the numbers of Colluli to get a confirmation of the shallower deposit. The south boulder pictures indicate that the Colluli-deposit may be down ...more  
Comment by thelandoftheliving on May 02, 2012 7:50pm
aklto:   Well stated!!!  Got to compare apples to apples here. It is possible that FED could have as large or even larger deposit than AAA, however FED is several years behind AAA as far as exploration & proving up a deposit goes.  gl
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