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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 arpagon29 on Jul 16, 2012 10:11am

Oyeve Franjull

Your last post clearly demonstrate how little you understand the business models of Junior exploration Corporation..

 

And yet the model is very simple, Junior exploration Corporations acquire concession with potential, do exploration work on the concessions and if the result show promises they do more work...and this continues until either the exploration work warrants the start of commercial production or not...

 

Historically, that is before the market stared to be agoraphobic, a exploration Corporation market value with trend up in stages to reach a point close to its bankable feasibility value...

 

That is the business model that AFA is executing and the fact that the Corporation was able to close such a large financing validates the fact that the previous exploration work warranted the continjuation of the exploration program...

 

So your last prediction about the the failures of AFA was wrong so I am waiting for you apology...

Comment by franjul2 on Jul 16, 2012 7:45pm
source SUPERSTAR : Arpagon, call me what you want, I rarely post here and am not a basher or a pumper, but the share price performance speaks for itself and you are delusional to suggest otherwise.  Promises is all you have ever seen with this company for as long as I've been following it, and to me, the market speaks louder than words. Superstar   demonstrates how ...more  
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