GREY:COSLF - Post by User
Post by
InvestingWiseon Apr 09, 2019 11:26am
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Post# 29601999
Actively looking for investors with EY, not closing down!
Actively looking for investors with EY, not closing down!Hi folks!
I just listened carefully to this Monday interview at Radio-Canada RDI, and Evans Price is quite positive on the fact that their technology works efficiently, that they are very well known and recognized in the CO2 sector, and they are actively searching for new investors or potential buyers within the next few weeks or months.
He also said that their field activities are running at minimum pace, whilst they are not closed or laying off people, mainly due to harsh winter conditons and delays encountered over the very hard winter season that is not yet finished here, with stil some more snowfalls... Combined to access to credit that was limited due to these delays...
To me it looks positive enough to buy some more at 0,04 or 0,045$, especially to average down.
With all the support CO2 Solutions already has from the CA and QC governments, plus all the funds that were announced by both US and CA regulators, it's not a matter of bankruptcy but keep launching into industrial production and larger sales.
Besides, I'm not an insider nor Madame Irma with my crystal ball...