Respectfully, I must reiterate that sometimes instead of thinking that you have to… “see” it to “believe” it… sometimes you have to first… “believe” it before you can “see” it. Here with CGRA… I “believe” it.
Out of all of the stocks that I have researched, CGRA has more potential than any of them. I like others stocks of which I post about sometime to remain diverse, but CGRA is at the top of the list as my favorite. I like CGRA more than any stock that I have seen anyone else mention too. It is my favorite. I see CGRA as an investment and not a trade.
I have no concerns about CGRA. Of course, I’m not happy about where the price is right now because I believe that it should be substantially higher. However, I believe that such will change as the company begins to release greater updates that are evidently coming per previous PRs. So far, the company has laid out quite a few different avenues for where significant growth could enter into the company. They have a lot of coals in the fire of which I am sure you are aware of some of them. Patience is the next thing that must be utilized here in my opinion or such is what I have chosen to exercise here with CGRA.
Sometime things just simply take time to mature like fine wine. They have 30 oil and gas wells that they have been preparing to drill in an area where the average Barrels Per Day (bpd) for that region was 961 bpd for the month of Aug 2016 and is projected to have an average of 982 bpd for the month of Sep 2016 and an average of 1004 bpd for the month of Oct 2016. This have been confirmed as an accurate existing production rate by the US government by the U.S. Energy Information Administration (EIA): http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125112224
Each well has the potential to generate over $14 Million in Revenues for CGRA given the data/info as I had explained in the link/post above too.
Again, they have 30 wells. Also, their properties for their wells are directly adjacent to the property that Anadarko sold for over $2 Billion where such land has over 2 billion barrels of original oil in place, with only a portion of that oil has recovered to-date as explained within the link below: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123989477
These CGRA oil reserves were confirmed to be $250,000,000 proven and probable oil reserves:
Also mentioned within the link above is the huge bond awarded to CGRA. I don’t know of any other stock, especially penny stock, that has been awarded a multi-million dollar bond that was later amended to be ~$40,000,000 USD to grow their operations:
Also, CGRA has a huge outdoor marijuana harvest through its wholly owned subsidiary Chewelah Properties, LLC through its Leasing Program to Wildfire to cultivate, produce, and process marijuana for their 47 acres worth of land/property. They have 1,940 marijuana plants that were planted for this operations. The harvest is actually starting to take place by researching the sales of marijuana sold by Wildfire confirmed by the website below that tracks those state approved companies’ marijuana production and sale info below (stay tuned for how these numbers will significantly increase): http://502data.com/license/416902
CGRA is also getting ready and has been preparing to get into the CBD Oil business as updates are expected soon. They have obtained state approval to move forward with these operations too through their wholly owned subsidiary, Chewelah Properties.
CGRA also has been maturing their 30,000 square feet indoor marijuana cultivation operations as updates about this are expected soon too. They have obtained state approval to move forward with these indoor cultivation operations too through their wholly owned subsidiary, Chewelah Properties.