Thursday, October 27, 2016 6:49:43 PM
where is the production going to come from. At the very most - the wildest, in the future estimates - have CGC at 30 million grams dried bud and equivalents production - they are no where near those production levels now. When their facilities are fully operational and running full throughput - 30 to 50 million maximum - i say that is a couple years away - HC inspection and vetting process is super slow, not just the facilities but the security personnel that staff these facilities - major backlogs, slow and steady race but you need to keep the capital flowing full blast????
They are going to need to expand fast. Production facilities need to go up, and not just in Canada, Germany, South America
this is a growth company - it has debt, massive expansion underway - it all points to one thing - DILUTION, bought deal, m&a activity - Bruce wants to grow this thing as fast as possible, reward his people options and stay on top the bull - with our share capital
regular and continued dilution of the share structure - given the history of this sector, and the stance analysts are taking over the recent price swings. I just have a feeling we are going south of $6 a share again.
Get your capital ready, Bruce should be spending it hard and fast
no where to go but sideways or down, $6.35 is a decent exit point to solidify recent gains
Price is what you pay
Value is what you get
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