OTCPK:NCNNF - Post by User
Comment by
greenalyston May 22, 2019 9:24am
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Post# 29763352
RE:Market reaction leave me scratching my head.
RE:Market reaction leave me scratching my head.Agree. What more does this company have to do to get investor respect? I think perhaps investors are tired of the sector which in general has not delivered on its promises and has a lot of smoke and mirrors so they have a hard time trusting yet another small cap.
Full faith in this team's strategy and execution. When they emerge as the premiere profitmaker in the business the SP will skyrocket. Could even be next quarter if they start selling the dry flower they stockpiled now that they have the HC license.
THE HC LICENSE IS HUGE!!! Stay the course...
Auditor wrote: I was surprise yesterday the stock did not hit 1.36 or higher.
A big element of risk went aways when HC delivered the permit last week end.
Back on March 31 results,
I think the level of inside of production hit the expectation.
I think at the time they were accumulating inventories to sell their own brand vs reselling it to other producers , selling levels were lower...
Not sure why the stock went down to $1.15 .....
It should be there with TGOD at $4.09
Conclusion people make me laught with the weather elements....
So many illegal growers mixing in their productions in corn fields.....
They allways succeded and made a tone of money......
Mexican have been doing it for decades at a greater scale than 48 north and made billions!
I think that a company like TGOD or ACB has greather financial risk with all their expensive indoor facilities ....Their cost are simply too high. They still did not achieved their golds ....
Delays after delays...But still they kept there value...
Finally, I think 48 north is grossly undervalued .
Not sure why people do not get it.