Very, Very QUIET.
Today, this stock has all the appearance of being dead. Big surge, fallback on news, a bit more interest, then down to .12 today. Nothing from the company.
BUT, lets look at what is going on.
I talk to Lawrie very often during the week. He assures me that they are still on track, and we only need to be patient.
He seemed very frustrated last week, saying that he wanted to promote, release some news etc but he couldn't. Doug wouldn't let him. I'm sure everyone can appreciate the effort and timing that goes into a promotion. You have to get a number of people involved and ready, plus the fundamentals have to be ready. And let's not forget the fundamentals are not that easy. If was, everybody would have a CD plant up and running. This is the first plant in Western Canada, so there must be some difficulty.
THEN this week, he is out of the office a LOT. When I finally reached him, he was very happy. And he was bubbly with all that promo stuff IR people do.
So the mood has changed. I think that since he tells me everything is still on track for a June start-up, and he has been very busy and happy, everything must be falling into place.
If this were a perfectworld, I would want there to be a news release mid this week, and a string of news every week or two until a grand opening in July. The closer we get to the beginning of June, the more likely that is to happen.
Don't forget the financial model and the potential of this company. It will come.
Ted
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