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Re: Mikemine post# 8845

Thursday, 04/24/2014 11:44:21 PM

Thursday, April 24, 2014 11:44:21 PM

Post# of 13980
They are only starting to produce around $1M in net profit per year in the last couple of years and added their 3rd mill in late October last year and 4th mill early this year, so this seems to be the beginning.

However, I agree it shouldn't be in the triples as a base-line given their assets and "potential" with the doubling of the mills in the last 6 months......I was expecting at least .002-.003 with a market capital of $10-15M given their asset and debt ratio and "potential" net profit, especially with the increase in 2 to 4 mills since last October.....very strange stock.