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Re: White Coal post# 35531

Wednesday, 03/22/2017 1:06:19 PM

Wednesday, March 22, 2017 1:06:19 PM

Post# of 64320
I think it is part of the dilution, however I believe there will be more because $750,000 would barely cover the purchase price of industrial zoned land located near rail access in Gillette, Wy... Now maybe they lease land rather than purchase and save some up front capital there, however construction costs will surely be higher than $750,000 not to mention the labor costs of running their plant....

I believe they need to come up with at least another $3.25 million dollars somewhere to get a full scale test plant up and running if that money comes from DoE or perhaps State of Wyoming or even the town of Gillette then this stock should see $1.00+ as it will finally show someone believes in their technology on a commercially viable scale and put their money behind it. Once/if that happens investor sentiment may take it much higher than $1.00.... However if they have to dilute to come up with that money it will be painful until the capital they need has been raised....

I do believe one way or another they will try moving forward in Wyoming.