InvestorsHub Logo
Followers 5
Posts 177
Boards Moderated 0
Alias Born 08/13/2014

Re: vines3 post# 350

Tuesday, 04/12/2016 10:28:19 AM

Tuesday, April 12, 2016 10:28:19 AM

Post# of 3695
These guys are as cash strapped as you can get. What on earth makes you think they are going to make it ?
If they can't get that additional
250 bpd going, they'll have to go on a Wild dilution spree.
The Stock will be even more worthless than it is now.

There are many tiny companies with great ideas littering the road side ...and it always boils down to time an money. And this is another example of that. You're too emotional and have fallen in love with both a damaged stock and company.
Look at the news on US Oil Sands stock, very similar situation, except they have funding. Even so they had to stop construction of their test plant
Due to overall conditions.
They have a much better chance of succeeding because they have Money
To weather the storm.
There's a reason MCW is diving into the 9 cent range and could even go below the 7 cents I predicted.
There is no floor here