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Re: CJAKE1 post# 235

Friday, 07/01/2016 8:47:05 AM

Friday, July 01, 2016 8:47:05 AM

Post# of 328
Don't know for sure, but their assets seem real. The biggest problem with this company is their financing. They have had to issue over 2 billion shares just to keep them going this year. They desperately need to have a revenue stream coming in ASAP in order to continue their operations. When I read that they were ready for full-time operations in Tanzania, I thought their share price would start moving up. That has NOT been the case. It may still move up some if the can announce full-time operations soon. However, since they are still in a "testing" phase, this may not occur for another 2-3 months. However, if the British pound continues to sink, then by that time the price of AEXFF could be below a penny. Does not look good for this stock right now, that is for sure!