OTCPK:NCNNF - Post by User
Post by
greenalyston Jun 21, 2019 12:49pm
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Post# 29849979
Weather and SP
Weather and SPI like Klowns destructive rhetoric because it forces me to look into things.
Without question the weather in southern Ontario has been bad for farmers this spring. Many crops have had delayed planting as a result of cool but particularly rainy weather. I believe this has been responsible for at least part of the drag on the SP (which is slowly climbing since yesterday). Big investors will need to see the proof of concept before they jump in.
Two relevant points when it comes to NRTH:
1. They had always stated that they would be able to plant by June end. Accuweather and Farmers almanac both show an end to the prohibitive rain in the next week. Their planting may be behind schedule by an insignificant amount; 0 to 2 weeks.
2. Their demonstrated success at hitting their milestones and inherent farming expertise are majorly reassuring. They will NOT put plants (250,000 of which are already growing in hoop houses) in soil until its time.
Therefore their ability to hit their industry-wide conservative projections for outdoor grow on a kg/acre basis is very high. They smartly planned for first year growing pains. As JVM has clearly stated “I’d rather under promise and over deliver”.
I sit confidently awaiting that delivery...