RCMW Group Inc (fka RCMW)

[jcisjc]

Steve, I think the point that Eagles trying to make is that due to competitors, that the profit margin for CPOW might be in the low range. As far as I know and correct me if I am wrong but the profit margins in the Chonquin JV is already set in contract.
No need to go over percentages again everyone is already aware of that.

I went to the website that Eagle suggested. Canadian Oilseed Processors Association http://news.tradingcharts.com/futures/6/8/159692286.html

What I see is that quantity processed by weight is increasing almost exponentialy! And then I went to the futures price chart!
http://futures.tradingcharts.com/marketquotes/RS.html

What I see here is future prices are going down! I am no expert on farming or agriculture! I openly admit this but, my guess is that the prices are droping because the supply in increasing exponentialy to try to meet future demand. Which computes to lower input costs for CPOW and geater margin of profit.

Makes sense because, in Canada ther is a government mandate for subsidies for these grains. And so, greater abounts being planted in the ground.

I look forward to more input on this matter!

J