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My thought is that, whoever the present customer is, they may go with DDCC in a big way, if they can tie it in with making all or most shipments with the new Translocks!
I assume DDCC is already making one or more of the Translock Squared designs, with more designs coming, based on specific future customer needs and orders.
If anyone here plans on speaking with Tricia anytime soon, that would be a good question to ask, and that she may be free to answer. ( i.e., what is the present Translock construction rate)?
Especially interested in anything said about Fulton total funding prospects?
Yes, Deanna, we would enjoy hearing your comments from the BFRE meeting, assuming you made it there ok?
Yes sir, Chiefs, you just exercised your faith in DDCC becoming a profitable company that will soon benefit you, as well as all the rest of us investors waiting for the steady build-up of business and profits!
BigIron, I agree with your analysis of how we can help bring things to pass using imagination and faith. However, there is also a corresponding action required in the natural realm. In the case of DoubleCrown Managers, it was their beginning to design, build, and refine the new Translock units based on their imaginations and faith/expectations. In our case, it was simply buying stock based on our faith/expectations the shares will ultimately rise as the company begins to reap a growing stream of profits from their hard work.
Speaking of Oral, he also said, "expect something GOOD is going to happen"! [:^) I am expecting MUCH good news from DDCC in coming weeks, months and years!
By the way, my son attended ORU in the eighties, when they still had a Medical School at the City of Faith, and is now a Pathologist in Oklahoma City!
Before they changed the corporate logo, it appeared as two leafs, side by side.
There may also be two investment types here, with a second possibility being a significant gold find on their land in Canada.
I'm with you all too! Remember, Prophet Kim Clement hinted more than two years ago, that Double Crown was a good investment. So far, it has been living up to that prophecy, even if more slowly than we would like.
Hmm, I never thought disapproving the XL pipeline would be good for the US? If it means Canada will now direct oil westward for shipping to China, etc., doesn't that open up more opportunities for US energy production, for both our own consumption, as well as more exports?
Yes, the MPA has achieved that goal for continuing sales, and a profitable and growing future seems certain.
Just as important, is the progress also being made on the various styles of the Translock Squared containers. I see similar contracts coming for supplying or leasing these, coming over the next few months, as potential customers prove out the specific advantages of Translocks over current shipping methods.
I am surprised there is not yet much buying coming in on this very positive news?
This quarter should record increasing income, and hopefully, the first quarter in 2016 should record even higher income, and the beginning of a long string of quarterly rising profits!
Sure, we don't need to know every detail here. It is clear that the customer is a company that services the drillers, so they could be supplying a good number of individual drilling companies with DDCC products.
They might have a non-disclosure clause in the contract to protect one of the party's interests? Another penny stock I follow has done that to protect the customer's interest.
Hmm, looks like that last trial shipment with Jerry Drew meeting the customer at their receiving port to discuss further business has already occurred?
I also believe the LOI is still on the table(270M$), plus they confirmed it earlier this year.
I also think management is doing what they can to bring in the remaining funding, whether it come from an American or Chinese source, or maybe both?
I think we just need to be patient. Most replies I have ever gotten from Tricia have been encouraging, but she had been unable to give much specific info.
I tend to agree with you, since the Barite shipments should be nearing finalization, and all the publicity now seems fairly sure to bring in more initial contract/agreements.
BigIron, I think the Israelis may be making connections with drillers and fracking providers, to help them harvest new oil and gas discoveries recently announced in Israel.
Yep, very much so!
The China RXIM Bank has offered to lend $270,000,000, as I understand it, whenever the remaining capital required is obtained.
My guess is this is still offered despite the little skirmish going on between the US and China.
Sentiment should be helped by today's 6+% rise in WTI price, and over a 1% rise in stock markets!
Of course, ProfitScout! The drillers should all be well aware of Doublecrown's products by now!
Doesn't that drawing in the video of the big transport ship loaded with Translock Squared containers look impressive?
Welljc, have you asked Tricia what she is able to tell you?
(last time I inquired, she wouldn't/couldn't tell me much at all). [:^(
My last message was based on communicating with Richard Klann a few weeks ago. Even though the DOE denial is apparently finalized, they are still talking with others in the US ( didn't elaborate beyond that), which means the last peg in the Fulton puzzle could come from either a US, or a Chinese source!
My understanding is they are still talking with people, including some in China, to finalize the link to full financing. This could take a bit longer than hoped, with the economic situation in China, but a resolution is still in the works, as I understand it.
Yes, indeed! The Translock2 is the right invention, at the right time, to lead Doublecrown into a growing and profitable business. Multiple variations, some still under development, will mean numerous customer products, as well as their own, can be loaded, shipped, and unloaded, faster and more efficiently than ever before!
Yes, as long as the long shipping times don't create issues with the customer. Of course, it is possible that customer only wants to receive shipments at a fairly slow pace, too? At any rate, we eagerly await the conclusion of this order, and expect it fairly soon!
What about the shipments to a miner in South America where Drew will meet the customer when the last shipment arrives, and talk about a continuing contract? Anyone know where that stands?
There is a fair chance of WTI settling out short-term right here around 46$/bbl, and a much better chance of it holding around 44.
A renewed up-move from either place seems quite likely, barring any really adverse news.
Yes, it IS good! I bought over two years ago around $0.02, and don't mind waiting longer for our business to develop. It's potential is truly outstanding, with the strong emphasis now on refracking of already-drilled older wells. Then, there is always the chance of a huge gold find in Canada. [:^)
I add the power of agreement with that, BIGIRON, by also saying AMEN to your declaration!
Yes, I am really excited about the potential we have here for making this a fast-growing, profitable company. I am beginning to think that "BIGIRON" may be right, by predicting a share price of $14 fairly soon! [:^)
Oops, I meant to say today's DROP in the oil price! [:^(
Yes, and I really expect more interest from the shippers soon, despite today's climb back up in the price of WTI crude.
probably not much will happen to the price until some good news on financing is announced. With the DOE's Sept. deadline passed, it seems more likely that news may come from a Chinese source.
I noticed that, too! Wouldn't it be great to see big shippers fighting over and bidding up the price/rental of our Translock Squared's? [:^)
With the price of WTI beginning to rise again, there could soon be a RUSH to get contracts with DDCC, using the Translock2 shipping containers!
I agree, ProfitScout! The announcement is up as a "sticky".
Sounds like good news for DDCC, regarding both frack sand business and TranslockXTranslocks! [:^)
I doubt it, with the CEO still picking up shares on the open market, and more good news very likely to come at any time.