GREY:PRCNF - Post by User
Comment by
Jonassson Jun 04, 2019 6:06am
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Post# 29796224
RE:RE:RE:RE:RE:PURE in my view going to 0.07
RE:RE:RE:RE:RE:PURE in my view going to 0.07I think PURE is not releasing news easy due to ineffective previous news releases on SP. Construction should be close to being finished but i think they wont release any news until it is 100% commissioned and operational. And as for the oil sales license they should be now in the stage were they go back and forth with HC answering questions and dealing with comments from HC site visit. This process takes 8-10 weeks. We should get license between end of June and mid July I suspect. I'm positive the management silence is not a bad thing now as they would only issue WOW SP changing news releases. I will buy more to average down at these prices .
JMark80 wrote: Yes, should hear something soon regarding construction/HC approval. Unfortunately company has ineffectual top heavy management, is nearly broke, and hasn't been able to raise capital. On the plus side, downside from here is very limited.