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2 days left til contracts finalised.... Tick, tock, tick, tock,....
So where is this plant they r beaking ground on in the next 30 days. ConVeniently this detail always is left out. Where is the timber supply they plan to log?
The safe guess is "none".
There is no torrification equip that is prOven reliable and economic for pellets yet. It is the " holy grail" of pellets....
So where is this plant they r beaking ground on in the next 30 days. ConVeniently this detail always is left out. Where is the timber supply they plan to log?
Any specific verifiable news on fibre agreements for feedstock?
Habib99
Hey lurchy.
Construction in 3 months...
Ask jim where exactly the first plant will be located? Whether land has been puchased? Building permits? environmental permits? Construction financing? Contractor hired? Will they finance by issuing more shares? How many shares can they issue?
If he can honestly answer these questions that would be "good news"
Habib99
She's all over but 4 the cryin' boys!
J pollsonn
Construction in 3 months... Anyone know the general location? Whether land has been puchased? Building permits? environmental permits? Construction financing? Contractor hired? Will they finance by issuing more shares? How many shares can they issue?
Some times this stock is hot,
Sometimes this stock is cold,
Thank goodness this is not one i buy to hold.
couldn't help but notice the significant dip.....
Sino forest's business is buying and selling standing forests. Sounds a bit like "flip this forest". Not exactly the foundation of a sustainable multi billion $$$ company.... Scary
Forestry + china = fertile ground to scalp investors. Nothing in timberlands or in china is what it seems. Both are so opaque as to be easy to run scams
Newsfash nflrob
There is no plant planned for merrit.
Bmspf has no land, no permits, no fibre, and no fibre supply agreements in nw bc.
How will they finance new plant? Print a bazillion more new shares and find thousands of suckers to buy them?
No bank will finance this thing. LG ain't gonna finance...
Actually there is nothing to finance....
Too funny... Stay classy jim carrol!
"Who do you think paid Gaskins $8,500 to issue that report?
"ID has been compensated up to eight thousand five hundred dollars from a third party or the company for preparation and posting of this report, audio interview, virtual road show and other advertising services. This constitutes a conflict of interest as to ID’s ability to remain objective in its communication regarding the subject company."
Jdog2: that's because the stock is garbage. When i hear people say they r going long with this
Pos, i here the sound of money going thru a paper shredder
Nfl rob: List 1 successful business venture the ceo has been involved in...
Funny how the location of proposed plant 1 is never named -- suspiciously vague....
Also, the fibre supply is never mentioned either. I suspect there is none.
Pellet production in bc is not new --i agree
However bmspf does not own a plant.
Bc hydro is not a pellet customer. At one time bmspf had vague plsns for a cogen plant that would sell electricity to bc hydro. That never went anywhere and the company no longer mentions it in press releases.
There is no pellet plant owned by bmspf.
Clarification About Francis Gaskins' Relationship With CNBC GlobeNewswire "Press Releases"
My guess is cnbc lawyers must have contacted bmsp and demanded correction. Thata's the closest this POS will ever get to cnbc -- not that cnbc is the pinnacle of financial journalism anyway...
4 bagger - investing 20 bucks in this will hurt as much as being kicked in your bag 4 times.
Tanks on good news = pump and dump... Simple
Funny! Amateurs
Alert!
Looks like a pump and dump.
Share price falling on "good news"
New plant has no specific location (other than bc which is a big place filled with dishonest people) No permits either.
Misinformed mag article states they will harvest most of the fibre themselves. In bc, that requires a forest licence. Bmspf has no forest licence -- period. With bc harvest levels under pressure from pine beetle, there is not enough wood for more licenses and existing ones are expensive.
Cnbc analyst? Wtf. That is the stupidest most amateur thing i have ever heard.
Many of the posters on here are posting false info. For example the guy who claims his buddy in vancouver is going to visit the plant. There is no plant. There isn't even a piece of land to put a plant ont.
Where are the fibre supply agreements? Where is the land asset for the plant.
Unlimited shares. Wtf?
At best this thing is evasive enough to avoid being conclusively categorized as a fraud.
Bmspf = pos
Where in bc will the 1st plant be located?
any opinions on whether or not this is a "buy and hold"?
anyone think it will pay a dividend when things get rolling?
Does anyone know where the plants will be located?
Who are their main competitors in this industry?
Pellets are a low margin business. Do these guys have the management aptitude to be a low cost producer with their first two plants?
What sets these guys apart from their competitors?
Do these guys have a track record of success in their past businesses?
Do they generally do what they claim they will do?
Does anyone know where the plants will be located?
Who are their main competitors in this industry?
Pellets are a low margin business. Do these guys have the management aptitude to be a low cost producer with their first two plants?
What sets these guys apart from their competitors?
Do these guys have a track record of success in their past businesses?
Do they generally do what they claim they will do?
Jim for CEO of the year! (pink-sheets, Vancouver-based, no revenue, no tangible assets, no tangible results, sub $0.05/share category)
No plant locations
No permits
No fibre supply
No money
No technology
No clue
Going to ZERO
I'd rather pick up pop cans than pick up this stock at.02 -- at least pop cans r real.
The only thing i'd rather pick up less than this stock is syphillis
More like 70,000 bucks thrown away on this stock
The only way this thing breaks .033/share is if jim announces his pellet plants are each coming equipped with 3 windmills, a sh!t load of solar panels, and a chinese flag on the roof.
Bmspf = Bad management stupid people financed
Where are the new plants to be located? Any permits in place? Any contractors chosen for building? How r they financing construction? Construction will have to start soon to meet their timelines and none of the stuff mentioned above happens quickly?
Will bmspf disclose actual lg agreement to shareholders?
Technology for torrified pellets is unproven on industrial scale. What r the odds this group is the one that figures it out? Do any of these guys have experience in this field?
Can any of the management demonstrate past success in other businesses?
Is this an outright scam or just some well-meaning bumbling idiots pissing away investor's money?
wasn't this thing at $0.29 a little while ago?
the oulook for this looks about as good as the outlook for paper in the "newspaper on-line", kindle, "paperless office", recycling world we live in...
WILL ABITIBI-BOWATER EMERGE FROM CREDITOR PROTECTION?
The possibility that AbitibiBowater may not be able to emerge from creditor protection has been whispered between us all for months.
Now that possibility is appearing more often in the media......
Two good articles to read today in the Financial Post:
Abitibi under siege http://www.canada.com/business/fp/Forestry+future+Abitibi+under+siege/2079557/story.html
Mill town struggles to survive
http://www.financialpost.com/news-sectors/story.html?id=2079558
up 33%. 1 penny here we come (unless management needs to issue more shares to pay the bills)