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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Post by phil_ton Feb 27, 2017 9:46am
238 Views
Post# 25897684

Desperation

DesperationI'm having a hard time seeing anything positive in this latest news release.  It has an air of desperation to it.  An obvious question whenever I read this sort of "management is going to take measures to make sure the company returns to profitability" is, apart from the right-sizing of San Dimas, why haven't they been doing this all along?

For now still hanging in, if only because price has reached potential fire sale levels.  If gold/silver price can stay up or even move higher, possibly a better management team will make a bid.
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