Research Pit

[FlatEarthSoc]

AAA/ALLRF

Just hit another 52W high of 85¢

This is still the ground floor imo.. big developments coming this year. Updated resource estimate expected this quarter. Some expect it to be upwards of 1 Billion Tonnes which is 10x current resource.

Analysts price targets range from 90¢ to $1.45C based on the current resource estimate.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57246234

Company's largest shareholder is Liberty Mining & Metals (Liberty Mutual) and is funded through feasibility which is expected to be completed this year.

"This financing has allowed us to raise a substantial amount of equity capital at an attractive cost and will fully finance our Ethiopian potash project through the completion of the exploration program and bankable feasibility study."

http://www.marketwire.com/press-release-canada/Allana-Potash-Corp-Closes-1239-Million-Private-Placement-With-Strategic-Investor-TSX-VENTURE-AAA-1361599.htm

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