posted on
Aug 15, 2010 07:36PM
Ni, Co, Cu, PGM, Au Properties in Ontario Canada
Producing Mines and "state-of-the-art" Mill
Message: EBF
I truly don't think you understand too much period.
You say you wouldn't invest in a company that has a loss on top of loss??? Can you tell me what companies you do invest in? I am pretty sure ISM has never shown a profit?? And you said you have invested in it?
So what happens if LBE trades up to 17 cents in the next few weeks are you going to say that the market likes the 2nd quarter??
If you only look at the bottom line of $4,973,180 and don't understand what the numbers entail then I am afraid you will never make much $$ in the stock market you had better get a full license broker and don't invest on your own.
Also you need to understand that the $5.17US figure was for JUNE only so obviously there operational costs were higher per pound during April and May again the 3rd quarter and 4th quarter should be able to show us at $4.50 US a pound they will be the first quarters that we are at around 1500 per day? This will increase after we get our permitting as well
Cash flow is king in these type of stocks and I think we should have pretty good cash flow over the next few quarters from Mcwatters.
MCWATTERS SHOULD PAY DOWN MOST OF OUR DEBT AND THE PREFERRED SHARES HART IS THE REAL COMPANY MAKER HERE!!!
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