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Tuesday, July 07, 2015 11:29:43 AM
Source:
I wonder if they are going to plant this year. Did they lose their sole JV Hemp Growing Partner? No 160 acres to plant on? From 2014:
Discovery Minerals Secures First JV Hemp Growing Partner.
RENO, NV--(Marketwired - Mar 26, 2014) - Discovery Minerals Ltd. (OTC Pink: DSCR) (PINKSHEETS: DSCR) is pleased to update shareholders that the Company has secured its first joint venture growing partner. The growing partner, located in the Municipal District of Wainwright No.61, in the province of Alberta, has provided Discovery with a firm commitment for the exclusive purpose of cultivation of Industrial Hemp, Grain, Fiber and byproducts. Negotiations with other growers will continue.
Now that the first growing partner has been secured, the Company will commence the application process for an Industrial Hemp License and expects to file with Health Canada, the governing and issuing body, as early as next week. The Company's decision to apply for the Industrial Hemp license allows for additional growers to be added under the provisions of the license and firmly establishes Discovery's position in the growing, processing and sales sectors of the industry.
The company intends to update shareholders as it adds additional growers and as notable advances in these projects are made.
Reference Source:http://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Secures-First-JV-Hemp-Growing-Partner-?id=77965&b=y
Still long DSCR and buying but thinking they want incremental profits as a platform to jump/expand off of ... if they have not lost their JV partner.
If this is true, we may be in for a 'waiting period' for IB8 profits to kick in. Less dilution this way. Besides, if DSCR wishes to dilute, They Ain't Gonna Get Much With PPS @ $.0003 ---with no volume(and trending down).
I know they applied for 2015 Hemp license, "But where is it ??:??" AGREED
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