OTCPK:ERILF - Post by User
Comment by
hawk_on Aug 28, 2019 8:19am
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Post# 30073779
RE:RE:"Empire Industries has turned the corner!"
RE:RE:"Empire Industries has turned the corner!"
Your plan is much like my own. We can now talk in terms of EIL's fundamentals. However it remains foremostly a 'story' stock. Part of that story is the LOI or MOU from the recent China visit which was not updated on the Conference Call. A basic rule I have once having picked a stock is: you have to give it time to work! In that regard the co-ventures are of great promise and need a 3 year timetable at least. Theme parks and rides like Dynamics are much like Movies were during the depression of the thirties. A place of escape when times are tough and the world stage shows that times are about to get tough for equities. But just as movies prospered during the dirty thirties so will 'go to' entertainment. The money moving out of equities is clearly headed for the metals and EIL will probably tend to be overlooked in the short run much as in the past. It only takes one front and center recomendation to be the match.