GREY:COSLF - Post by User
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Co2Harveston May 26, 2018 11:35am
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Post# 28084328
RE:RE:RE:RE:Of course! East vs West, Quebec vs Alberta
RE:RE:RE:RE:Of course! East vs West, Quebec vs AlbertaTotally agree, a long term play with no guarantees and even by CST's estimates they won't be making money until at least 2020. My target is 2022. I'm am starting to think that an Alberta project still seems far away, and I'm actually not that concerned because of what CST is doing on their home turf. I'm predicting that the province of Quebec will lead Canada's new Carbon Economy, and even that may be without CST's tech but it's promising given that they are leading VCQ.
HealthyPlanet wrote: The simple reason cst is not doing any massive campaigns is because they are not ready. Yet. Until the St. Felicien project is up and running at least 6 months they do not have a proven industrial product.
I know from personal interaction with the company, they have a multitude of interest from all corners of the globe. Everyone is waiting to see the plant in action and review critical operational data.
What everyone has to remember is the fact this is a brand new sector and a brand new technology within that sector. Success is not going to happen overnight. This is a long term play that looks very, very promising but there are not any guarantees. Until actual sales take place the sp is not going to be overly rewarding and could very well fall further.
You can hype things up until you're blue in the face but it's not going to do any good. In fact, hype can lead to disappointment among shareholders which will affect the sp negatively and there are a few people on this board that need to be held accountable for their pie in the sky predictions and the unintended results. Wishful thinking is a true enemy. Facts are fortuitous.