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Re: Civicbird post# 61405

Wednesday, 02/06/2013 5:32:29 PM

Wednesday, February 06, 2013 5:32:29 PM

Post# of 67010
Sorry I just have to ask, what tangible information is there that there is a high degree of probability the mill will be operational this summer. Does company have funds to open the mill even if permit is granted without any conditions ?Can they raise these funds in this climate with a sub-penny stock with a DTC "chill" ? My understanding is company has been predicting August/September as date mill wil be operational, which would mean at the latest July/August they would need to have employees in place, supplies, any permit required construction done, and personnel hired, and of course confirmation of orders for material to be delivered to the mill. Do we even know that terms of the "orders" received can be met after all this time ? I would hazard a guess to be open by end of August would require by June that working capital, hiring plans, supplies to order etc etc would need to have been made.So that would mean 4 months to meet permit with no conditions, raise capital for maintaining company and opening mill.Just a question- doesnt this seem a bit overly-optmistic based on little current information ?

Company could easily answer these questions, and they cant complain they cant release forward looking infromation since they already do.I would rather a 70% chance of going into production next January than a 5% chance of going into production by end of August.Just my opinion of course.

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