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I'm with you, welljc. Doublecrown is on its way to becoming a double winner!
Good news could be getting closer. Maybe they are refiguring the original plant cost, which could make the amount needed beyond the EXIM Bank LOI commitment smaller than originally reported? A sagging economy could permit something like that?
Hopper2, that could be the key to this controversy? Most of us well know we have a management of very high integrity, who are doing a tremendous job of getting things moving (via Translocks) in several industries.
Again, I have faith that a discovery will be made at the Bateman property, that WOULD provide income on the actual materials. Would be nice if it could be obtained by surface mining, rather than more expensive mine digging.
Lots of selling now, including Jerry Drew??? Anyone have any insights on this?
I think they may only be acting as the shippers in their new gold contract? They will need to discover gold on the Bateman Property in Canada, which they own outright, in order to profit totally from the PRICE of gold (plus the shipping expense). Now, a major gold discovery at Bateman could be HUGE for Doublecrown! $14.
Still, this new contract should be nice business, and it would give them greater experience showing others the advantages of using the Transprop Squared systems!
BFRE should break that record soon after they announce full financing for Fulton.
My guess is that Saudi Arabia might be a source of reversing the oil drop, by cutting back on production, one way or another? Another possibility is for Iran to attempt to stop tankers moving through the Suez canal!
However, the production of ethanol from Fulton is many months in the future, and another year or more after that for Chinese-produced ethanol. The chances are good that crude prices(and ethanol) will be higher by then.
Are you predicting it will hit or exceed $14 at four different times, with big profit-taking drops between each time it hits $14? [:^)
Welcome aboard, Nautiflyer. We are glad you are buying in, and we are excitedly expecting great things in 2016 from Doublecrown and its share price!
The part that I like is that DDCC has already established a multiple-source network of mining resources throughout Central and South America! This should give them an edge in marketing their various Translock Squared designs throughout the world.
This tells me that Drew and Associates have been very active in building relationships among these industries, in addition to the oil and gas industries using fracking! This bodes well for future business connections.
I am proud to be a share-holder in DoubleCrown! [:^)
Yes, I understand they have several possibilities being considered for the remaining $30M. It is a real shame the DOE clamped a lid on further funding, since that was grant money, meaning there is no pay-back required!
I also think that, once the current Chinese market shakeup is over, there could be renewed interest from a Chinese source, as they seem to seriously want Bluefire's process for both environmental reasons and for increasing China's fuel supply. If the Saudi oil rigs and pipelines get seriously damaged, there will come a serious pull, on both local and imported energy supplies, in a number of countries, including China.
The current shake-up in Chinese stocks may lead the Chinese to question if the timing is right for the Bluefire deal? If so, we may have to wait a bit longer than we would have? Hopefully, this market correction should not last long. It would be really nice now if that final piece of financing IS being sought from a US company?
That profit is only for the new big contract, too! The corporate total could be double that, or maybe 4 C/sh, producing maybe 25c/sh stock price?
Thanks, GD11 for crunching those numbers!
I wonder if the new contract will involve the Translock shipping system?
Agree, ProfitScout. These people operate with unusually high integrity and openness.
Chiefs, I agree 100% with one thing you said; "God loves America"!
Also, I really believe that HE is working in the background to continue to bless America(despite all that is wrong with it), and will be a major factor in seeing that a good man is placed in the Presidency.
I fully expect the energy industry will go a long ways toward reducing our national debt, as we ramp up exports of oil and LNG. US exports should become very important, if the Saudi oil industry is interrupted at some point.
Also, I believe that serious and honorable businesses will prosper in coming years, and that Double Crown seems to me to be one of the leaders in innovation and future growth, as they(we) continue to explore new ideas to improve the shipping, energy and precious metals industries.
And when full financing is finally announced: BARR-OOOOOOOOM!
That's right, ProfitScout, and then don't badmouth it! It helps to speak positively about your investment, when all things are being executed properly by our management, which seems to be the case so far with Doublecrown!
Don't forget the gold waiting to be discovered and marketed on the Bateman property, which is 100% owned by DDCC!
Agree, Mr PP, that BFRE should be mostly in strong hands by now.
By the way, what do you mean by, " BFF-EE"?
I think the ticker symbol, BFRE, was meant to represent the words, "be free"!
I agree, the financing should break through in the next few months. Again, I do believe the Chinese are serious about cleaning up their environment, with cellulosic ethanol being a significant part of that process. I still think the Bluefire concentrated acid hydrolysis technology is as good, or better, than other processes available, and probably the CTG Management feel the same. If so, there is a good chance they could somehow help secure the final piece of financing, in order to get things moving.
Here is wishing all a very happy and PROSPEROUS New Year, including BLuefire and CTG Managements!
Yes, Doublecrown Management certainly ARE going out of their way to accommodate every customer's specific shipping needs, with the current specifically designed new Translocks. I fully expect new customers to be well satisfied, once they have a chance to evaluate, and then put them into use!
I would like to see a customer or two express real satisfaction with the new Translock Squared performance, and move to increase usage of them.
I suspect that, as soon as some OPEC producers approach getting knocked out too, they may be the first to cut production to get prices back up. The US should still have lower-cost refracking opportunities for some drillers to stay profitable at these lower crude prices.
Of course, it is ethanol price that relates somewhat to Bluefire, but its price seems to be directly related to the price of crude oil and gasoline.
Interesting that WTI price is now higher than Brent. Maybe this is anticipating a more uniform world price, as America prepares to ramp up exports?
One thing that could change the anticipated steady, or maybe very slowly rising crude prices, is the possibility of continuing Mideastern wars shutting down some oil production, thereby increasing demand for US exports?
Besides some "stars aligning"(?), and intelligent, hard work by our management team, a number of us stockholders have been praying success for Doublecrown, and making positive declarations on the future of our company, and its success with the new Translock2 multiple designs.
I agree, it should be only a matter of time now. Everything at Fulton(except finances) is ready to begin, as I understand it, with possibly a local permit needing renewal, or things like that.
I expect a significant surge in the price whenever full financing is announced. However, we are still looking at maybe 12-15 months or more to get everything ordered, delivered, put together, checked out, and finally running satisfactorily, before CTG will be in a position to begin planning their plants. That suggests the stock may not really move up much after its initial burst until actual profits begin to be reported at Fulton?
OK, so some of the selling pressure is off, and all we need now is to hear some good news about the final link of the financing package.
Merry Christmas, everyone, and here is wishing you all have a very happy and prosperous new year!
Yeah that's a good time! Merry Christmas to you, too, and all who post here on DDCC.
Hoping you all will be made very HAPPY sometime in 2016! [:^)
I agree, that we shouldn't expect much if any news for the next few days. Also, it could be they need to buy a few parts that need to be, "welded and riveted", etc., by a sub-supplier before they get them to add to the final construction?
Anyway, the future is bright, and we just need to be patient!
I have been wondering about the Translock progress too! Probably there are details that must be resolved that take more time than anyone realized. After all, they don't have a production line set up yet ( I don't think, anyhow) where a change in the Translock design would be a simple matter of making a couple changes in the construction technique.
Maybe a year or so from now, all the Translock sub-designs will be available, and any type of Translock can be made to order without any delays in the production process.
I agree too! I think this is much too important now to China for them to miss it for the remaining 10% of financing(or whatever it actually is). They surely realize the prices of oil and ethanol will rise again, and meanwhile, trash and other materials that are cellulosic in nature, continues to accumulate.
Even when they come to a final decision, it will be 12-15 months or so before Fulton likely will be running and proven out, and then there is further time needed to plan and build the plants in China.
The plant in Korea that Bluefire designed through their SucreSource LLC subsidiary is, as far as I have been able to discern, believed to be in operation now.(Bluefire through SucreSource, produces only the sucrose from cellulosic raw materials, leaving the customer the responsibility to make their own final products).
So glad to hear that Doublecrown has excellent relationships in the minerals and precious metals industries too. The recent announcement of a contract in that realm really surprised and delighted me.
I also have faith that the prospecting work planned on the 100% owned Bateman property will become profitable too! That has BIG potential, I think!
Well, ProfitScout, if the US winds up shipping so much oil and gas overseas that it raises prices here(WTI), we can always vote to approve the Canadian pipeline Obama has refused so far, and use some Canadian oil when supplies get tight. However, if fracking and refracking take off as we expect, we could wind up having all the petrochemicals we need, along with prices that satisfy our producers and consumers.
I agree, Bigiron, this is a good thing for US energy and Doublecrown, and that we are being blessed from heaven. However, remember that we continue to have a part to play in that blessing too, by our positive talk and prayers( II Chron. 7:14).
As usual, there were many compromises made from both political perspectives: I was sad to read that Planned (un)Parenthood will not be defunded at this time. [:^(
On the positive side, back to US energy exports, this could be a HUGE factor in coming years in reducing our national deficit, in addition to opening up bigger international markets for DDCC's new Translock Squared shipping containers.
That's what the article says, but BFRE will not be doing much key playing until that last link in the Fulton plant financing is in place!
Once that happens, they should be proving out the plant within 12-15 months, and once China Three Gorges is convinced the Arkenol process is a winner, both Bluefire and CTG should become the world's leading cellulosic ethanol producers in another 2 or 3 years, IMHO, as a Chemical Engineer from the Petrochemical industry!
YES!!! This should create a HUGE new demand for Barite, fracking sand, and all other things that will also create new interest in DDCC Translocks.
Haven't seen Arnie posting anything on Facebook this week, so I figure he must be pretty busy, maybe even meeting in China?
I would LOVE to see the Chinese Government pick up where our DOE dropped the ball, and actually GRANT Bluefire the remaining $30m. That should ease the debt payments Bluefire will need to pay from Fulton revenues, and possibly speed up the building of additional plants in the US( by Bluefire), while China Three Gorges begins their massive plant planning to help with their environmental concerns, as well as providing ethanol for gasoline blending, or whatever purposes they are planning.
Other products besides ethanol are possible from the Bluefire process, since the initial product is sucrose(sugar), and different chemicals can be produced from sucrose by changing the down-stream parts of the process. Bluefire formed a sucrose-only LLC a few years ago, to provide technology for only producing sucrose (SucreSource, LLC), which leaves the user the option of producing themselves whatever end-product they can obtain from sucrose by their own technology.
Welcome aboard, Badgerland. That "Birdie" has spoken to a number of us here, and we are believing and speaking very positively of the great things coming to all DDCC investors.