OTCPK:PILBF - Post by User
Comment by
teachon Nov 13, 2015 8:59am
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Post# 24288302
RE:Couple of observation on the conference calls
RE:Couple of observation on the conference callsFrozen,
One more comment about your post; You mentioned a concern that this cycle might be getting long in the tooth. Without pretending to be able to predict construction cycles, I want to comment on what is happening where I live in Toronto. Our current construction cycle is entering year 16 and doesn't seem to be slowing despite "expert" predictions of doom we've heard for years. .
San Francisco and Los Angeles are world class cities. Demand for cement in California is still significantly below the demand in 2004-2007 and population growth, although not as fast as 2000-2010, continues. Californians skew younger than other Americans and the state is still seen as a desireable place to be. If LA wins the 2024 Olympics, 2 million tons out of POLB will be a piece of cake.