RE:RE:I'd like to be optimistic but....I admire your optimism but encourage youto think the implications through.
ALL of the poly (whatever) is currently !00% IMPORTED INTO CANADA
Who cares? The border is blind to manufactured products. This will be good when the Canadian dollar falls, and bad when it rises, like now. Canadian labour costs more, Canadian taxes are higher, so that wipes out any price advantage.
but EXPECT A PARTNER soon
They've been looking for a partner since they started planning this project 4 years ago in an entirely different market. Project specs have changed, the market to sell into has changed, funding sources have changed and potential partners have changed. I think the only potential partners left out there are sharks looking for a discount, and the fact that they have not yet been able to find a partner IN FOUR YEARS tells me that they're not wanting to give away the store, while all the partners want... the whole store. THINK please... dion't let your emotions run away with your investment.
I've never said it's a bad company or I woldn't be in it. I got into it expecting $30-35 a year after completion and a decent dividend to boot. I have laid out its income-earning potential, but they're going through the mountain passes now and they're in the middle of a snowstorm with no lights. It's not gonna be easy. And if they stumble and let the share price fall so far that it gets snapped up by a bargain-hunter like ONEX, there goes all your hope of gain - you'll be locked into ONEX's dismal prospects forever.