OTCPK:NCNNF - Post by User
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ILIKETAon Nov 08, 2019 11:25am
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RE:RE:48North Almost Done Harvesting Some 170,000 Mature Plants
RE:RE:48North Almost Done Harvesting Some 170,000 Mature PlantsFor me, this is BY FAR the best info I've seen for months, because it's actual numbers.
Even better then all of the videos combined.
Still looking forward to yield numbers (and hopefully guidance when they release their financials).
The share price doesn't bother me nearly as much when I know the company is on target and doing well. For me, this indicates that they are, but clearly it's not enough meaningful info for investors to trust.
Great news!!!
flamingogold wrote: No pop on the story today. The market may add a slight premium on official confirmation of the harvest quantity and grade. But, what will dramatically move the share price is.... can they sell it all and for how much? Alison has previously said they will sell their harvest, but the market wants to see it officially. Hype no longer moves the needle. We are probably looking at the new year before we see substantial contracts
FelixFun wrote: Now we have it in writing, 170,000 plants have been harvested. In order to achieve the announced 40,000 kg crop yield, an average of only 235 grams per plant would have to be achieved, which in my estimation is a rather low value. In my opinion, we can assume that the harvest will be higher than announced.
48North Almost Done Harvesting Some 170,000 Mature Plants