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Bullboard - Stock Discussion Forum Afri-Can Marine Minerals Corporation V.AFA

TSXV:AFA - Post Discussion

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Post by FKloster on Mar 14, 2011 10:47am

last time the

sampling program did little for the stock price. This is a different concession but nevertheless I do not expect this to get into the .20s. although for those that bought in at the current levels will be pleased with a double into the mid teens!
Comment by arpagon29 on Mar 14, 2011 10:02pm
Dear FKloster,You certainly are difficult to please, heck last year, between Feb 2010 low of about .06 the stock ran up to .29, is that what call doing little ?Now after that, since the people did not like the results, they overreacted and punish the stock because the stones founds were too small, but this time around I have a feeling that the size of the stones will not be an issue..Now when you ...more  
Comment by FKloster on Mar 15, 2011 7:45am
if it surpasses 0.29 like you are insinuating then you are correct- I will have sold and will be long gone - AND HAPPY with the profit!For years the base was 0.16, now we have a base at 0.07. You tell me whether that demonstrates a well run company.As I said - those that bought at these levels will be satisfied. It really is a no brainer. I personally think that management is overly paid for ...more  
Comment by arpagon29 on Mar 15, 2011 8:29am
FKloster,So could I be correct in assuming that you mist your opportunity to sale you shares last year with a profit and that could be the reason for your negativism ?Do you agree with me that were not for the small size of the diamond found on Block J, the block J exploration results would have been much better, and that is the main reason for the Company shares price base to have moved from 0.16 ...more  
Comment by FKloster on Mar 15, 2011 9:49am
You would be correct in stating that I missed the opportunity to sell in the .20s for a larger profit. I did however sell at 0.19 with a small profit. That is not the frustrating part. It is the constantly missed timelines ( we do not need to get into the "not managements fault"  arguement) and the fact that they keep giving themselves so much money and options to do the time ...more  
Comment by arpagon29 on Mar 15, 2011 12:42pm
Dear FKloster,I am certain that you are not alone in holding that view that you are somehow being cheated by management, but I am not certain that that views hold up to a serious review.Just your comment about "..giving themselves so much money and options.." Demonstrate that you have not look at the fact, because if you had you would have notice that AFA management options are priced ...more  
Comment by FKloster on Mar 15, 2011 3:38pm
I will agree to disagree with you on all of your points.I do not expect you to have the same opinion as me. If you are happy with management so be it, I will not try to change your opinion.And once again, overall I have made very good money over the years with this. I have bought and sold many times on this for the past 6 years or so.So your point on "blurred judgement"is moot. I am down ...more  
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