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


To: marcos who wrote (15816)1/5/2018 10:17:48 PM
From: marcos1 Recommendation

Recommended By
LoneClone

  Respond to of 16582
 
Npk/amz situation is not unlike that of svb.to/mmg.amex, Silver Bear now and Metalline then ... had a great run roughly eleven years ago now, from under usd.50 to usd5.71 ... was wild on the way up and the way down, huge intraday swings ... zinc was hot then, peaked in 2.20s if memory serves, and the project has all kinds of silver for kicker, was once a silver mine where they got direct-shipping ore quite shallow

Anyway, the slide back down roughly parallels that of zinc, which had all sorts of supply come out of the woodwork while consumption edged off, especially once the great bankster crash got going mid-2007 ... now zinc, and silver, and svb/svbl are coming back, and only just getting started imho

Back then mmg/svb had just over forty million out, if memory serves, market cap when i first looked at it was roughly cad20m [cad/usd was around par then] ... now there's 196m out, times shareprice .25 gives market cap of cad50m ... there's been a lot more drilling, and it's done in a more industry-accepted manner than previous management did, also they're into a whole new zone of sulphides that the market will like a lot ... these being differences

Biggest difference though, is that Metalline's share count is now quintupled, while Verde's is up thirty something per cent

Biggest similarity - they're both great projects, immense size, good economic grades, situated where there should be minimal problems with development ... and in Verde's case, surrounded by a huge market within trucking distance



To: marcos who wrote (15816)1/5/2018 11:54:03 PM
From: stuffbug2 Recommendations

Recommended By
marcos
Powerstart118

  Read Replies (1) | Respond to of 16582
 
Back in the day, shareholders questioned (to be polite) the value of experimenting and testing different products. But now that the conventional potash route ended in a dead end, those and subsequent trials saved the company's bacon. I give CV credit for always searching out new ways to maximize the value of the project.

Bringing a deposit into production always takes longer than the initial guesstimates, usually much longer. Hopefully production and sales ramp up to 100k tonnes in 2018. Good news will surely help to create some nice pops in the stock price - taking out the 2017 high should be this year's goal.