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Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Post by catchascatchcanon Mar 10, 2021 10:24am
282 Views
Post# 32762085

I am new and put in $50K @ $1.35 last week

I am new and put in $50K @ $1.35 last weekIt then tanked to half that in the following two days.  Poor timing no doubt, but can't go backwards.  In defence of those skeptical, It's a great story at this point, full of potential, but still at the story phase in fairness.  The execution risk is very real.  Signing deals is easy, doing work is hard.  That said I do believe that the potential greatly off-sets the risk.  Proving out the existing facility is what will truly de-risk the play and move the stock in the short-medium term.  Safe, steady, reliable production at Aldersyde will be the foundation of any future appreciation.  The JV deals etc are very well structured, but as others have mentioned, based entirely on another entity's ability to fund which is unknown.  Major capital is required to build out the plans, whether someone else's or ours.  Then there's the execution risk of the build out etc.  All that said, I think this is a compelling risk/reward scenario and I'm all to willing to watch it unfold over the next 18-36 months.  We will know alot quicker though, if we actually have a company here, or simply the promise of one ~6months.  If they prove out the Aldersyde facility, I will happily double down at a higher price.  GLTA and here's to making bank.
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