Thursday, March 29, 2018 2:58:40 PM
I wish puf would get a little more volume on average, but if it did we wouldn't get these excellent dips over and over again.
can't have everything.
Let's have a look at the situation this time. (is it a good news pop preload at this price at this time?)
Possibly imminent news. They've been quiet since 2/20 and that was the Southern Cross U news.
The real news everyone is waiting on is more license news regarding the AAA Heidelberg Ontario grow. Last update was on 2/8:
VANCOUVER, Feb. 8, 2018 /CNW/ - PUF Ventures Inc. ("PUF" or the "Company") (CSE: PUF) (Frankfurt: PU3) (OTCPK: PUFXF), an advanced Access to Cannabis for Medical Purposes Regulations ("ACMPR") license applicant, is pleased to announce Health Canada has contacted AAA Heidelberg to acknowledge the company's position in the ACMPR licensing process which is the confirmation of readiness stage. Upon receipt and successful review of an evidence package, AAA Heidelberg can expect to receive an ACMPR license to grow medical cannabis.
https://www.newswire.ca/news-releases/puf-ventures-acmpr-licensing-update-673357233.html
They had David Hyde working up the evidence package, and I expected that to go in with the bunch that went in with Namaste's a couple weeks ago, but I'm not seeing anything on that yet.
So I'm going to assume the evidence package has not been sent in yet?
Next news could then come any second announcing that they sent the package in followed by inspection news, followed by receipt of license news. (please correct me if I'm wrong)
The chart looks good. A little more red candle would be better. ;)
The CSE L2 looks like good bid support, today, and not much on the ask.
Looks like a BUY. But be prepared to sit on it till the news hits and it could still take some time depending. maybe weeks still.
AND as you know, since the sector has been depressed, license news in and of itself has not moved mountains like it used to.
As a longer hold it might look even better at this price... with the emphasis on LONGER.
OK GW, you talked me into it. (but can I get it lower tomorrow, fri? u know potter's a bottom scraper ;)
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