Afri-Can Marine Minerals Corporation V.AFA

Disclosure

[superstar1976]

I am the reason for CIBC selling 575k shares today.    I still have shares, however moved my money to ENG.

You will see soon why I did this.

May be a good idea.

[superstar1976]

sorry, 475k shares I sold.  Still have 100k.

[JasonBourne]

Good luck in ENG!Hope you dont get to cold feets over there, more risk in that, but faster cash if it goes well.Why you don't see big fluctations in afa these days is because there is not that big of a risk. And everybodys waiting for them to visit sweden once again :)

[superstar1976]

Hi Jason!  No, AFA could take off any day, just that based on the technicals i think something is coming rather quickly with ENG.....Anyways, AFA is less risky right now, I agree, which is why I kept a position!   The history of ENG suggests it is one of the most explosive stocks out there!

[pkpotential]

You could lose absolutely everything. Past performance and graphs is no indicator of the future.In fact I don't like the 10 year graph of this stock at all. I can see it going right down to 30-50 cents no problem.Good luck with that one. I'll keep my money in AFA where I bought in at rock bottom.

[superstar1976]

Er, you mean that its been from .50 to $7, and back to 0.50 right back to $4.   Now it dropped to 0.12 when the market crashed, and with what is coming down the pipe, it will make new highs.Watch and learn.  That said, can't go wrong with AFA at these prices.   That is why I kept some.  

[pkpotential]

Sorry that message might have sounded a little hostile.That's way more risk though and you're not going to get any better of a payout then you will with AFA. You're just trying to get rich quick which never works.

[superstar1976]

yes it sounded hostile, but I know that was not your intent, no worries.  You are right, my thought was it will move quicker than AFA, and ENG this morning has news out, very significant news.

[pkpotential]

Good Luck.