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Maple Leaf Green World Inc. N.MGW

"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."


NEO:MGW - Post by User

Bullboard Posts
Comment by Veteran1on Dec 03, 2009 9:33pm
453 Views
Post# 16552740

RE: Question for the board

RE: Question for the boardHi Poekersub, main reason generally is due to seaonality of when the end product is needed or can be deliered - difficult to plant trees in the  winter , hence sales need to be delivered in the Spring, fertilizer is used for spring crops and fish meal as well as Alfalfa for theend product is also harvested in other less chilly seasons.
 
Not that operations 100% stop but the money doesn't change hands.
Suggest keeping low ball limit buys at the .09-.105  as tax loss selling may see the shares touch these points before the year is up although currently there is some decent size orders at .10 to buy and the majority of sellers want .12 and up to be cashed out on.

Also looked into why fish meal prices are substatnailly lower than the summer. Much like Potash prices were at a peak last year and now prices are more in the $1000-$1500 RMB a ton range. Would hope  the selling price can go back to where they were but at lwast contacts and relatioships are forming whcih shudl lead to continued contracts goign forward at futurehigher  market prices. 
 
Hope this helps
Bullboard Posts