Just looked-up Stockhouse, sounds like this one is pretty well DEAD !!

As we are getting ready for a double dip recession, its just a matter of time until smart investers realize the huge potential in Africa and move away from North America.

The U.S. is heading for more financial trouble and Canada will go down with it cuz like it or not, the U.S. is our biggest trading partner ...

Africa on the other hand is booming cuz it is dealing mostly with the BRIC countries and potash is one of the very fiew resources the world cannot live without. Its no wonder the biggest mining company in the world is adding potash to its portfolio ... and Ethiopia is in the perfect location to reap-in huge benefits.

IMHO Allana is one the best potash plays out there and it will be extreamly rewarding to those who have patience.

Long and strong AAA !

Thanks for the info Bob, IMO potash is pretty well the only safe place to be right now, everything else seems very risky including banks, energy, diamonds, gold and lithium giving the fact that the economy is once again slowly melting away. Minerals are good for the moment thanks to China but that to could come to a halt as they have been stock pilling for a while now. Even REEs is totaly uncertain as no one knows for sure which way China will go with this one ...

As far as potash goes its a safe bet as the world population keeps growing, natural disasters are reducing crop yields, more corn is needed for ethanol production, etc, etc, its no wonder the biggest mining company in the world is trying to expand their potash portfolio ...

I say the next 12 months are going to be very exciting and rewarding for those who are ready to ride this one ...

Long and strong on AAA !!!

Looking at it from another perspective, I just thought this could be the last chance for our ethiopian friends or who ever to get on board, private deals are done every day in legitimate companies, why not in this one, it does not need to be a scam, here in America we call this business as usual ... just a thought and only IMO.

We're all a little disapointed with the news right now so I'm just thinking outloud ... I'm not trying to sujest anything at all ... just IMO.

Its good to keep in mind that the company has various strategic investment deals in place and they have all the funds needed to complete the drilling, seismic program and pre-feasibility study. AAA does not really need us to get all that completed and maybe they dont care what the shares are worth right now because they're not in a position to make a deal at this particular time anyways.

Like I said before, why would AAA sell this property when the price of potash is low ? Would you sell your house when the housing market is down ? I dont think so ...
And why would they settle for a price without knowing exactly what the resources are ? It could be worth alot more than what they can get for it now ...

And finaly maybe the results ARE good and the news is being downplayed on purpose so somebody (in some country) can load-up on shares ... stranger things have happened in the past ... I see a smoke sreen here ...

Patience my friends, no need to panic just yet ...

I think a bid from another company at this point is unlikely and will remain so until they have the final driling results and know exactly what's out there and how much of it.

Who in their right mind would offer $,$$$,$$$,$$$ for a property without being totaly sure of the content ??

... yes, you read those dollar signs right ... the final offer will be in the billions .... good things come to those who wait .... long & strong all the way ....

Thanks Chris !

Chris, from your experience ... how many holes do you think will be needed to confirm the total amount and quality of potash on the property ?
AAA are making reference to drilling phase 1 and 2 but dont specify how many holes are needed in total to complete the task ...

Mark

Great work Chris !!

Great article Seekingalfalfa !

Thank you.

Hi, does anyone know what is happening with this company ?
I hear there is a court battle going on ...??

Everyone who has money invested in this company knows the potential for the Ethiopia property to become extremely valuable but until we have proof, its all speculations my friends.

I have to agree with everyone that it is hard to find anything wrong with this play, lets hope its all true.

I'm in for the long run, I beleive good things come to those who wait...

Mark