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Gold/Mining/Energy : Verde Agritech -- Ignore unavailable to you. Want to Upgrade?

To: pocotrader who wrote (15814)	1/4/2018 4:59:19 PM
From: kidl	Respond to of 16582

Not a million but about $250K/yr. Not in cash either but in shares and I can't find any evidence of him ever selling shares. That doesn't mean that he isn't ....

To: pocotrader who wrote (15814)	1/5/2018 9:47:27 PM
From: marcos	3 Recommendations Recommended By Anchan kidl pocotrader Read Replies (2) \| Respond to of 16582

It's not a million CV takes, and he's done somewhat more than 'squat' ... just not a lot more, and spread out over nine years it looks pretty thin indeed, yes ... none of us have been on site, nor present at any of the meetings with various critical parties, so it's not reasonable for us to assign blame for specific failures ... yet at the end of the day, CV is management, and there's still no plant on the property shipping thermofert to happy customers One point in his defence would be that the great 2010-11 run we all recall so fondly was followed by, actually largely killed by, a crash in world fert markets ... potash had been what, thousand bucks a ton or suchlike, couple years or less later it was a third of that ... this from memory, rough guess, but the wonderful economics had huge slices of upside shaved off, for quite a while ... maybe it would have worked out to start smaller scale back then, might have gotten a smaller plant financed, and it might not have lost too much money after startup, well if so it'll be another case of hindsight being twenty-twenty, we've all got long lists of those Something CV has not done, is to overly bloat the shares issued count ... if memory serves, there were a little over thirty million out back then, now it's still under forty million, and a fair amount of development has been accomplished in the meantime ... not as much as we'd like, no, but the whole play is still intact, there's many an outfit in resources who have done worse And now it's cheap ... i have more right now than i've had for years, both in share count and dollar amount ... kind of appreciated the pullback this week, made it possible to do contributions in kind to sheltered accounts, at good prices ... have to do that at the last traded price now, TD changed their policy, can't pick the low of a day on which the ticker runs, dang, they say CRA stomped on them for that