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If that's true about 2%, aren't we fortunate to most likely be in that 2%!!! I'm in it to win it. If you build it, they will come... Unless I'm missing something, I've watched ALLANA, slowly and methodically put it all together with precision. Step by step derisking this project to it's current status. I have to believe, all this couldn't and wouldn't have happened without people in the know. Can it tank? Sure? Will it? I doubt it... Matter of fact, I'd put money on it!
Found this regarding potential supplies of potash.
http://www.mining.com/u-k-to-join-race-for-potash-supply-26731/
Wish I could compete! Have all the shares possible for me. Bought a ton high but bought down to a level that if SP does what we all expect, I would at least be able to buy "Learn to Trade" a beer or two!
When is the last time we've had volume like this? Some pretty big buys today. I know nothing but it seems somebody knows something and is spending like it...
Has ANYTHING been leaked or happened that is negative regarding ALLANA in the past year or so? I can't think of anything major.
We've seen these spikes after good news and then it drifts down again. But why would any institution spend the kinds of money that is being spent today unless they feel that the BFS is favorable and deals are in the works. This just feels different but I've been wrong before... :)
I'd be more worried if we weren't so far along. Still, food for thought. There is still demand and based upon what we seem to know, we will a cheaper supply for whatever demand there is. I "think" we are sitting in a good spot. We'll all know so much more very soon.
We've all waited a long time for what we hope is coming.... The release of the FS and then hopefully financing news to follow. We won't be in the doldrums much longer. Hate to wish my life away but I'm looking forward to long awaited movement upward in SP in Q1or Q2 2013. Added a little last week but there's no more money in the kitty for more so I'll sit by patiently waiting for news!!!
Well I'm not selling that's for sure. I'm in it until this thing is resolved one way or the other! I'm prepared to go down with the ship if that's the case. I DON'T expect that to be the case however. I'm down a whole bunch more than you but I knew not to invest more than I'm prepared to lose. I haven't. That said, it sure would be nice to be headed up a little. Just can't understand who is bothering to sell at these prices. Must say it was refreshing to see that someone bought a half million shares yesterday! It wasn't me!!!
Did we ever get anything official on the water situation? Also, has anyone heard from Farhad lately. Seems like we heard more from him/ALLANA in the past. Seems like ALLANA is very quiet these days. We've taken one hell of a beating and I sure would like a hint of positive news. I think it's getting close to crunch time. When the FS comes out, if there isn't some $$$ in our future, it would seem we're in trouble. I know we had the money thru FS but after that???? There has to be some reason this stock is sitting at the bottom of the barrel in spite of what "seems" to be nothing but positive news over the past year and a half. Are we all in denial? Thoughts?
Amazing to me that everyone on the planet seems to think we are undervalued yet SP continues to tank. I really don't get it??? Something better happen sooner than later! I sure hope what we all "think" is going on (positive FS, soft off take agreements, or potential buyout etc.) is in fact really going on. I would imagine we will know a lot when the FS is out or soon after. Getting nervous but NOT selling. In it to win it!!!
I for one don't get it. What am I missing? After the FS is released, there "should" be some word one way or the other as to off takes, buyouts or ??? Something one way or the other will happen sooner than later. Nervous time but holding...
Hanging in there myself. Bought way too much way too high but as SP lowered I've bought more. I hear it goes against conventional wisdom but if I was willing to buy high, why wouldn't I buy low! The only thing that has changed since my first buy is that the project is getting better, more derisked, and closer to potential buyout, offtake and or production. I might be crazy but I still believe this is a very worthwhile long term investment.
Here's some news regarding BHP. Evidently they think the future of potash is rather favorable...
http://www.smh.com.au/business/mining-and-resources/bhp-prioritising-overseas-projects-20121001-26umg.html
In long (well over a year) but really don't think anything will happen til FS complete. Spikes due to news now and then but no real SP increase til major $$$ gets involved. When that will be who knows....
Interesting article about organic vs. synthetic fertilizer and global warming.
http://www.motherjones.com/tom-philpott/2012/07/what-organic-ag-teaches-us-about-feeding-ourselves-while-planet-heats
Another article regarding the railroads being built...
http://www.reuters.com/article/2012/06/28/ethiopia-railway-idUSL6E8HRHO420120628
Seemingly more insider trading today and a 1.5 billion dollar RR to carry potash. I like it!
Well if it does I'm gonna have to figure a way to dive in again! Wonder if LM will continue to buy at these bargain prices?
I can wait... No worries here... That potash will not just sit there forever. If the world economy stays in the toilet, it might take awhile before somebody digs it up BUT eventually somebody is gonna do just that and it will be worth a whole bunch of $$$.
However, I do feel bad for those who have to buy and sell, buy and sell. Me, I just take my meds and sit and wait... :)
My gosh! What are you worried about?
Hope you can hang on until production or one or more of the major "deriskers" occur. Wow! Is that a word?
Not when you're buying! :)
Well I hope so...... been on board for more than year, got in high but bought down so if she does pop, I'll be fine. Probably done buying but never say never! Still a believer!!! Seems as if LM is a believer too... Wonder if we make it to production? Guess we will all find out together.
Nothing really new here but rather another confirmation of what we already know...
http://valuestockguide.com/all/screens/9-agriculture-stocks-to-profit-from-global-food-shortage/
Here's the deal. I've got a nice, but not over the top position in ALLANA. I'm long in this whole deal. I've never sold one share of ALLANA and won't. I have probably accumulated all I'm going to with my latest coming yesterday. I don't know anything about double or triple bottoms or backwards somersaults for that matter. I'm not going to be homeless like our good friend, LTT if this whole thing tanks... wink, wink :)
I read all I can good or bad about this company. My gut and DD says, eventually this stock will be worth more than it is now. How much more depends on a whole bunch of things that I think we're all aware of. All that said, I have a bottle of 2 buck Chuck and a 1974 Chateau Lafite that I've laid down since back in the day. The day I sell, I'm gonna open one of those bottles depending on the results of that sell. Let's all hope it's the Chateau Lafite!
Brilliant! Thanks for putting things in perspective!
Rather see it go to production myself but it just seems that it might be too valuable to too many. If it drifts down again before FS it's fine with me..... Nobody is getting my shares...... will look to pick up someone else's however. I missed pulling the trigger at .54 last week so I've got a little cash just waiting...... Wonder what we will be talking about next year at this time???? Think the share price will still be hanging in at present levels? :)
Thanks for that... Since I don't know how to do the math, based upon those stats, about where would that put our PPS since we seem to be way under valued? I know the reality is that it's where it is but it's always fun to speculate and I've certainly done my share of that!!!
The money is this company is NOT in what happens in the days and weeks after the resource update. Let people buy and sell and make or loose a few bucks as it goes up and down. The bottom line is this..... This company has good management and a great proven resource. For all these guys buying and selling on a daily basis, I say have fun! Me, buy and hold, buy and hold...... Some day, some how, this potash will go to market. When it does, I am gonna have a nice day...... till then, I'll let those who are obsessed with the day to day worry about all that other stuff... Overall, it's great day of ALLANA! More to come....
Can't disagree..... Buyout, completion of FS (which could lead to a buyout) or going to production. Too many are impatient and I get it but, bottom, bottom line is ALLANA has resource, good management and soooo many positives that I really can't think of many negatives. I guess if I were in to immediate gratification, this stuff would make me crazy. Little bits of good news now and then really isn't enough to launch this. Keep reducing risk ALLANA and $$$ will come. IF the FS comes out and $$$ don't start coming this way in the months to follow, then we've got issues. Until then, 40 cents or a two bucks.... I don't really care.... I've probably bought all I'm going to buy (unless we hit 40 cents :) ) and I ain't selling one lousy share till after the FS and it's aftermath. Then, we will see...
One of the things we learn when one first "learns to trade" is never invest more than you can afford to lose if it means one month away from being homeless.... Just sayin' .........BTW that puts all new meaning to "first mover" Can you hold out for that $1.20? :)
Well if so, count me in! Been holding back a few greenbacks for just such an occasion!! How about yourself???
Well I can tell u this, I'm in it wherever it goes. For me, there is no "cut your losses" at this point. I'm in way to deep. I always said I would never invest more than I could afford to lose and I haven't but this doesn't exactly put a smile on my face. Starting to look like there's some 2 buck chuck instead of Dom Perignon in my future. I just can't believe this stock has tanked like it has. I thought on paper, this company was solid. Still not sure that it isn't but what's to explain this collapse? I still think that the FS will help but shy of that, evidently there is nothing left to prop this up IMO.
Bought a few today..... hoping it has for the most part bottomed out! Waiting for the FS to move this thing.....
OK, all you guys, just how low are we going? This is NOT fun! I truly don't understand how a company like AAA has sunk this low. We better get some news soon that can turn this around..... Seems like a resource update drives us lower, drill results drive us lower, financing deals drive us lower. The more good news, the lower we've gone. Very odd..... Come on ALLANA, do something!!!
Curious, since you know "exactly" how low it will go, just how high will it go? If it goes to $.50, I will be adding!!! :)
All the more reason to believe they "might" know more than maybe you or me. Maybe the water supply disappeared somewhere between $1.50 and $.80 and now it's back and all of a sudden the mysterious return of the water supply seems to be worth $.80 instead of a buck fifty. Do you think they would even invest $.80 for a project with no water? Water isn't the issue.
Wow, we were posting the same idea at the same time. Certainly is something to consider. I'm pretty sure the big guys do a little DD before dropping millions.
If I were a huge investor, pouring millions of dollars in to an investment that depended on a successful water supply, there's a good chance that is something I might consider before pouring millions in to it. I wonder if ALLANA'S big time investors forgot to check that out ??? :)
Thanks for the explanation. Sure would be nice to see this go north for awhile.
Are you saying that in your opinion a confirmation with the 43-101 of those numbers would bring share price to $10 or would that be after we get to production? I was pretty excited about last summer's updated 43-101 and the stock plummeted. We are at a third of what we were prior to the June update.