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Re: risk on post# 54901

Monday, 02/13/2012 9:15:02 AM

Monday, February 13, 2012 9:15:02 AM

Post# of 101798
We can all believe what we want but the amount of cash being generated, even over the last couple of weeks is a bit too much to indicate things are moving along.

I have been in pennies for a long time and can assure you, I DO NOT DRINK THE COOL AID.

This report gives a picture of a company is need of cash. Not a company that is generating revenue.

As for being profitable, well a dredging operation is not typically high cost. It is the attractive part about dredging. Land based operations tend to generate a huge amount more material but with a much larger cost.

You like all can believe what you want but the facts paint a rather different picture.
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