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Thursday, October 13, 2016 11:55:31 PM
SEVERAL FACTS ABOUT $NEWC SUBSIDIARY SANNABIS:
1. Sannabis is the only legal mass producer of medical cannabis based products in Colombia.
2. Six physical store locations in Columbia sell Sannabis products.
3. Sannabis sells the majority of their products online.
4. Sannabis currently sells 13 specialty cannabis ointments and creams.
5. Sannabis has grown exponentially since 2008
6. Sannabis has received orders from several established doctors, hospitals and tattoo parlors in Columbia worth millions of dollars.
Below are some photos of actual products and growth/promotion operations:
As for the Mining Operations of $NEWC, here is some recent DD from BogBlog.
Some DD to share with you guys:
Highlights of the PR from 9/27:
http://www.marketwired.com/press-release/new-colombia-resources-receives-notice-from-national-mining-agency-anm-that-their-work-otc-pink-newc-2162272.htm
"In June 2016, the company resubmitted the new mine design taking into consideration the recommendation from the ANM; last week they received notice it is under review and not to begin mining operations until final approval. The Company expects final approval in short order.
Plans are to begin immediately crushing rocks to generate revenue. In 2014 the Company purchased a rock crushing plant with a 1000 m3/day capacity that will begin to generate revenue immediately. To see a financial model of the gravel operation, click here https://drive.google.com/open?id=0BxSKP5j2FlseOFE5TVdReGRCUUE
The spot price of coking coal has skyrocketed this year from $70/tonne to over $ 200/tonne because of China's new policy to decrease production and other factors. Although the company director, Erasmo Almanza, entered into a US$ 200 Million LOI with an Asian firm, New Colombia Resources has been meeting with other major Asian conglomerates and soliciting steel mills to get the best deal possible to begin a sizable metallurgical coal mining operation. Original plans are for output of 30,000 tonne/month, at today's spot price that would produce monthly revenue of over $6,000,000."
And then there's yesterday's PR, 10/12:
"The Company has several major developing projects that will be announced within the next few days."
So to recap, final approval to begin mining operations was in short order, according to the 9/27 PR. Now, from the 10/12 PR, they have a major developing project to announce within the next few days? What do you see here? I know what I see.
With all this in mind and the upcoming MJ Rush in its beginning swing towards the election and the last throws of dilution coming to an end, I anticipate the PPS of the stock to appreciate immensely in the coming weeks. GLTA.
1. Sannabis is the only legal mass producer of medical cannabis based products in Colombia.
2. Six physical store locations in Columbia sell Sannabis products.
3. Sannabis sells the majority of their products online.
4. Sannabis currently sells 13 specialty cannabis ointments and creams.
5. Sannabis has grown exponentially since 2008
6. Sannabis has received orders from several established doctors, hospitals and tattoo parlors in Columbia worth millions of dollars.
Below are some photos of actual products and growth/promotion operations:
As for the Mining Operations of $NEWC, here is some recent DD from BogBlog.
Some DD to share with you guys:
Highlights of the PR from 9/27:
http://www.marketwired.com/press-release/new-colombia-resources-receives-notice-from-national-mining-agency-anm-that-their-work-otc-pink-newc-2162272.htm
"In June 2016, the company resubmitted the new mine design taking into consideration the recommendation from the ANM; last week they received notice it is under review and not to begin mining operations until final approval. The Company expects final approval in short order.
Plans are to begin immediately crushing rocks to generate revenue. In 2014 the Company purchased a rock crushing plant with a 1000 m3/day capacity that will begin to generate revenue immediately. To see a financial model of the gravel operation, click here https://drive.google.com/open?id=0BxSKP5j2FlseOFE5TVdReGRCUUE
The spot price of coking coal has skyrocketed this year from $70/tonne to over $ 200/tonne because of China's new policy to decrease production and other factors. Although the company director, Erasmo Almanza, entered into a US$ 200 Million LOI with an Asian firm, New Colombia Resources has been meeting with other major Asian conglomerates and soliciting steel mills to get the best deal possible to begin a sizable metallurgical coal mining operation. Original plans are for output of 30,000 tonne/month, at today's spot price that would produce monthly revenue of over $6,000,000."
And then there's yesterday's PR, 10/12:
"The Company has several major developing projects that will be announced within the next few days."
So to recap, final approval to begin mining operations was in short order, according to the 9/27 PR. Now, from the 10/12 PR, they have a major developing project to announce within the next few days? What do you see here? I know what I see.
With all this in mind and the upcoming MJ Rush in its beginning swing towards the election and the last throws of dilution coming to an end, I anticipate the PPS of the stock to appreciate immensely in the coming weeks. GLTA.
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