CGrowth Capital Inc (CGRA): CGRA & its $2.7 Billion Dolomite Net Val...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	5217
Posts	24047
Boards Moderated	5
Alias Born	09/20/2000

stervc

Re: pepeoil post# 71649

Saturday, 08/27/2016 4:23:20 PM

Saturday, August 27, 2016 4:23:20 PM

CGRA & its $2.7 Billion Dolomite Net Valuation

I think what some people don’t understand is that it was not CGRA that gave a Net Valuation of $2.7 Billion for their Dolomite Reserve. It was an Independent Third Party by the name of N.L. Olson And Associates that completed that valuation report. The valuation completed by N.L. Olson And Associates should be given merit in my opinion considering that they have done projects for Lowes, Staples, Walgreens, Kitsap Bank, China Sun Buffet, 76 Gas Station, Towne Center Mall, Sedgwick Carwash, and more.
(See later within this post for further confirmation.)

Below are some key facts along with some details regarding the over $2.7 Billion Net Valuation of CGRA’s Dolomite Reserve. Even though they have an assessed valuation from a legitimate Independent Third Party, they have not made the time just yet to further transform such valued dolomite into generating revenues. This is because of CGRA allocating its resources and time towards maturing its operational growth from its oil & gas reserves and its related marijuana/cannabis cultivation operations of which I believe is a fair reason. From doing my research, they do have a plan to mature their dolomite reserve which is why I believe it is important for us all to familiarize ourselves with its potential and to not forget about it.

CGRA released in a PR that an Independent Third Party had confirmed their dolomite to be worth in excess of $2 billion dollars.

https://globenewswire.com/news-release/2015/07/28/755778/10143556/en/CGrowth-Capital-Inc-Announces-Preliminary-Net-Valuations-on-Dolomite-Reserve.html
CGrowth Capital, Inc. Announces Preliminary Net Valuations on Dolomite Reserve

Independent Third Party Reports Robust Market Valuation in Excess of $2 Billion Dollars

SILVERDALE, Wash., July 28, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce preliminary results and net valuations on its magnesium dolomite reserve. Taking into account the physical characteristics of the site, water tables, and anticipated mining expenses, the immediate probable mineral reserve has been set at 63% of the initial survey reserve of 505m cubic yards – which calculates out at 420m tons of material – significantly exceeding initial expectations. The estimated economic benefit from the site, after accounting for royalty, reclamation, and loss, has been estimated at a net value of approximately $2.7 billion.

Now let’s go back to an earlier PR where it gave some initial details about this Independent Third Party that had done the assay report valuating the CGRA to be worth over $2.7 Billion… N.L. Olson And Associates:

http://finance.yahoo.com/news/cgrowth-capital-inc-updates-shareholders-153000344.html
CGrowth Capital, Inc. Updates Shareholders on Dolomite Survey

SILVERDALE, WA / ACCESSWIRE / July 7, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to update shareholders on its progress on its 348 acre dolomite pit survey. N.L. Olson And Associates, a multi-disciplinary engineering, land surveying and planning firm with over 40 years of experience, has completed the topographical and quantification of total gross Magnesium Dolomite resources on the Company's Eastern Washington mineral leases known as the White Pit - with total gross resources exceeding 500,000,000 cubic yards of material.

Let’s now talk about the legitimate Independent Third Party in greater detail to confirm just how legit they are. N.L. Olson And Associates is the Independent Third Party that had completed the Net Valuation for the CGRA 348 acre dolomite pit survey. N.L. Olson And Associates has been in business as an engineering firm for over 40 years:

http://nlolson.com/

I think now is important to see and understand the type of projects that N.L. Olson And Associates have been a part of so that it could be understood why it is fair to give the opinion of N.L. Olson And Associates valuation of the CGRA Dolomite Reserve more merit:

N.L. Olson & Associates Commercial – Retail/Banks/Big Box Projects