Tuesday, October 21, 2014 6:31:24 PM
Quote : "Those estimates are based on pending orders and quotes submitted over the past few months."
LOL ! Those "estimates" are "based" on "pending" orders and "quotes" .......... Therefore it means that those hypothetical "estimates" are based on obtaining "hypothetical" orders ,LOL ! And the market has spoken by discrediting the news in my humble opinion .
NEXT Important Point : Quote : "In the mine site area, stripping of the sand/silt layer immediately above the gravel deposit is continuing " .
So they're still removing overburden and not producing .No aggregate stock piles ............ Then , Quote: "crushing, washing and screening equipment is being prepared." Therefore once again confirming NO AGGREGATE PRODUCTION YET !
So in my opinion this is a "fluff" News Release telling us nothing new . It does remove ambiguity per their prior "objective estimates" concerning "hypothetical" profits , making it very clear in this NR that they are in fact "hypothetical" . Well "hypothetically" if I go out and buy a lottery ticket , I could win the jackpot ,"Hypothetically" ,LOL !
Show me the money !(signed contracts and winning bids) then talk . Market agrees , stop talking and start producing and selling !
IN MY HUBLE OPINION !!!
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