GREY:COSLF - Post by User
Comment by
Co2Harveston Feb 06, 2018 7:12pm
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Post# 27515243
RE:dead money
RE:dead moneyI think it is about timing. Mining for lithium, processing blockchain transactions, and growing weed all consume power which in most cases creates Co2 emissions at some point in the chain. Governments around the world are slowly starting to put pieces into place that will encourage large emitters to do something about their emissions. Meanwhile, CST is building strategic partnerships to help build a market for Co2. They also have not one, but three engineering firms working with them to help them bring their CC technology to market. None of this guarantees CST will be successful, but I am suggesting it's too soon to rule them out. I'm also not suggesting buy or sell, that's up to your appetite for risk and how long you're prepared to wait.
TooSoonJunior wrote: this company's toast. the stock speaks for itself. there's been no uptick in a long long time. how much are they spending? they're far from getting any revenue. there's no money in the clean carbon capture tech. unfortunately for CST, all the money is in weed, blockchain, and lithium. I would take the losses here and move on. it's dead money.