ddm (or anybody) I thought on their latest financials they had less than 30k cash… I guess I don't understand how they are currently operating at all… and also how they can open up a fully functioning mill?
I have a speculative investment here (150k shares… was going to keep it just 50 but it seemed at least in a relatively stable channel so added more). I'm not going to cry too hard if it goes south, and normally wouldn't touch a stock like this one except ddm (who has never led me astray) and all you other intelligent TA people are so gung ho about it it seemed worth a gamble.
It seems like with the sheer value of the properties alone, this company would be worth way more than their current market cap… is it just because all their debt is subtracted?
[Please don't be too harsh at my ignorance… I am 25 and have only been investing 2 years, bought myself a car on the last speculative play; I have a high risk tolerance as I'm young but this is something that's been confusing me for some time.]
It doesn't seem like a scam… I have seen those before, and everything I've seen or read about the company is extremely professional, it's just the financials vs their short term goals that make me scratch my head. Thank you!
