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To: GrumpyGus who wrote (5817)1/4/2016 9:27:14 PM
From: RuddyMongoose2 Recommendations

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Mister D

  Read Replies (1) | Respond to of 5988
 
Message #5817 from GrumpyGus at 1/4/2016 5:29:13 PM


The contract is for 75,000 tons over one year. That is pretty close to 300 tons/day, which is the number the chief used. Obviously the purchasing company sees no problem with that volume, so why should you?


Do you have any idea about the physical size and weight of 500 tons of marble being processed EVERY day?
Do you understand anything about the marble market and the effect that volume of marble would have?

Chief has simply assumed that the market would easily absorb his estimated volume of processed marble. I say it won't happen. Once you know the answers to those question you will understand why Chief's processing and revenue estimates are unrealistic. His numbers sound fantastic and very exciting to naive investors but experienced investors know that Chief is full of pumper hot air.

Grumpy, IF we knew the name of that purchasing company, we could do some DD and assess whether or not that company has the wherewith-all to carryout Chief's estimated processing volume of marble. Until we know more about the company, none of us can assess the situation properly from an investment point of view.

Maybe you can explain why the company's name is being concealed from retail investors?