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I mean seriously, what does CGRA have to do to get some attention around here....get involved in the cryptocurrency space too!?
Oil, gold, silver, marijuana, non dilutive asset backed financing (25 million so far) and the company is valued at 5 million!? No brainer, bring on the uplisting so this can finally be priced appropriately.
Destination.....da moon!
Let's fire up this rocket ship already
Thanks, interesting stuff!
Please do share!
Under securities councel:
https://www.otcmarkets.com/stock/CGRA/profile
They are also listed towards the bottom of their last quarterly financial statement.
They are also represented by a new law firm if you weren't already aware.
Gsblaw.com
About that gold mine:
CGrowth Capital, Inc. Completes Major Milestone on Gold and Silver Mine
Purchase is Significant Step in Long Term Planning for the Company
SILVERDALE, Wash., March 13, 2013 /PRNewswire/ -- CGrowth Capital, Inc. (Pink Sheets: CGRA) (the "Company") is pleased to announce that it has initiated a major milestone in the execution of its business plan by signing a Purchasing and Sale Agreement for the Deer Trail Mine in Eastern Washington. The 40 acre fee simple parcel contains three (3) historically active mines and is grandfathered as an active mining site.
The Deer Trail Mine is the location of the Company's originally announced joint venture agreement to process 170,000 tons of head ore material. The transaction once complete will supersede the joint venture agreement and now gives the Company access to an estimated 200,000 tons of surface material. Ownership of the property will set the stage for onsite development of operations as well as future development and extraction of the subterranean material within the property. In addition to the mines and ore material, the site is an approved operational mine/mill site with three (3) approved tailing ponds which will help to jump start operations.
"To say we are excited is an understatement," said Bill Wright, CEO of CGrowth Capital, Inc., "We have been working for many months to create a win-win situation for both the Company and the mine owner – and the time has finally come. With ownership rights to the property, we can now proceed with building out our concentration plant for long term production."
In keeping with our fiduciary responsibilities, shareholders should be pleased to learn that the Company was successful in all aspects concerning the crafting of this purchase. CGrowth Capital, Inc. was prudent in capping the royalty payments; this combined with the favorable purchase price and terms will position the company with a stronger balance sheet and higher margins in the longer term, thus producing shareholder value. Details of the transaction will be provided upon the closing.
Mr. Wright continued, "We are extremely pleased with the deal structure for this purchase. The seller could see the value in cooperating with us on favorable terms by taking an equity position with us. This will allow us to utilize precious cash towards production and growth rather than extended debt payments. In the end, both parties win by our ability to move into higher production earlier. The fact that we were able to cap the royalty payment will be a big win for long term shareholders."
Thank you sir, happy thanksgiving to all
My level 2 is messed up, could somebody please tell me who is on the offer at .0119 right now?
Or anybody trading for any reason lol
What else did he supposedly tell ya? The lack of volume shows nobody trading on inside info
Are we looking at OTCQB, OTCQX or are there other options?
Meh, California is the way to go imo
#Halliburton
#StillWinning
#ZeroDilution
Bring on the numbers baby! $CGRA
#NobodyWillingToSell
#BuyTheDip
#Laughable
#OilTradingAtTwoYearHighs
#BuyingIt
Ok, more appropriately.....why is this STILL a penny stock?
Good question, why is this a penny stock?
He was offering 18500 shares lol!
Lol VNDM sure is giving it to us! $CGRA
Ok, last question....what would be considered a good result in terms of barrels of oil produced?
And why do you think they are going vertical?
Yeah on average
They've certainly raised enough capital, how much would you say the cost difference is?
If it's that much better production wise compared to a vertical well is there any reason why they wouldn't want to or couldn't do it horizontally?
+58% close! $CGRA
I'm no expert either but it'd be nice to get input from some people who are.
I didn't notice the changes with the bond offerings, nice DD.
I think that is being way too conversative but maybe we can have some oil and gas experts on the board provide their opinion.....
Halliburton, I think I've heard of them! $CGRA
I hope the numbers will be worth the wait
The question remains....how long till completion??
Who thinks the well will be completed in 2017?