GREY:CHALF - Post by User
Comment by
PotStockeron Nov 01, 2015 10:08am
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Post# 24248024
RE:It starts with management
RE:It starts with managementryanlast wrote: potstocker. my advise would be for you not to invest in GLH or CGC because you seem to very skeptical of both companies.
You are right about my skepticalism. But you are wrong to put CGC and GLH as the same level.
CGC is different from GLH. CGC has my full trust. There are two things I do not like about CGC: One is its 10M$ inventory and another thing is its cash burn rate. In the next earning report, you will see even bigger inventory and about 8M$ cash reserve. It has good strategic excecution but very poor financial planning. It is a good company waiting for the right moment to shine. But if the right moment would not come in 9 months, CGC will have to dilute its shares again. And the share price will suffer. I am waiting for the certainty of the right moment. So far, we still do not know when Mr. Trudeau will legalize pot. Liberals have the repution to elect on left but to govern on right, if you know the history of Canada well.
GLH is different story. It is a fairy tale that needs to be confirmed.
It appears to me, nobody here has enough information about this "once in a life time opportunity" so, I suggest you call the number and find out the address of its company and take a tour. This is what I am going to do.