InvestorsHub Logo
Followers 1
Posts 30
Boards Moderated 0
Alias Born 01/06/2015

Re: ProfitScout post# 7796

Wednesday, 02/25/2015 5:08:47 PM

Wednesday, February 25, 2015 5:08:47 PM

Post# of 15432
I agree with you ProfitScout, but the demand does not help DDCC one single bit if the company does nothing whatsoever but talk about planning, planning, developing and developing. DDCC was going nowhere fast even before the oil price decline. The 200 tons of barite was in August. Oil prices were very good in August. What happened to it? There should have been news about that long ago, even if there was a delay of some kind. This is nothing but a loop. DDCC pans and talks about projects in development, investors get their hopes up then...nothing. An endless cycle of planning and developing.

No amount of demand helps a company who is not actively participating in the market, and DDCC thus far has not participated. They have sat on the sidelines and planned. There is a difference between planning and doing. This time next year, DDCC will still be planning and developing. You are much more optimistic than I am. Personally, I want my investment to pay off and DDCC has had more than enough time to make that happen. Yes I am aware that the decline in oil prices has affected companies and caused delays with certain projects. But that does not explain why no news-good, bad, or indifferent is coming from the company.

All IMHO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.