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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Response from HIP IR - Qtr Report Expected Late March
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Post by quinlash on Jan 30, 2019 12:18pm

Response from HIP IR - Qtr Report Expected Late March

This is what I got back from Dennis.. he's quick today.. Late Mar. TSX companies report year ends in Feb, TSXV listed companies in Mar-Apr is the norm. Jay did a recent interview and talked about the facility here: https://midasletter.com/2019/01/newstrike-brands-ltd-cvehip-niagara-production-facility-expansion/
Comment by Stockmoves1 on Jan 30, 2019 12:28pm
I would rather have great news in 60days when we are potentially sitting at 75cts and it takes us over the hump vs now...... the timing just may work in our favour...
Comment by EagerBeaver1972 on Jan 30, 2019 12:31pm
Why would we go to 75 cents without news or financials?
Comment by quinlash on Jan 30, 2019 12:33pm
True... if shareholders refuse to sell cheap and buyers want in we will slowly see the SP creep up and any run on an NR will just shoot the price higher... always better to sell on News IMO. May be a better time to settle back and wait.. not feeling compelled to sell anything here today.
Comment by EagerBeaver1972 on Jan 30, 2019 12:39pm
I do hope it goes up as I am a shareholder, but agree it will be a slow creep without news or financials
Comment by quinlash on Jan 30, 2019 12:46pm
If we're going to fire around a target price.. purely for amusement.. I would likely not expect much past .54 / .55 for awhile without a NR.. that's a wild guess on my part while looking over the low volumes, support and the new shares that show up for sale day after day... as for a low I would be pretty disappointed if we traded anything lower than .50 / .51 while we wait. A decent NR ...more  
Comment by mozzarella on Jan 30, 2019 12:50pm
This post has been removed in accordance with Community Policy
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