RE:CPS NewsThis is an interesting development that has taken quite some time to evolve. Being a relatively new shareholder, and not knowing much about the connection to CPS, I got curious as a result of HP's
posts, and did a little research.
It kind of sent me down a rabbit hole.
There seem to be many players surrounding what is going on: i.e. RCT Solutions, Sio silicon, CPS,
the provincial government, native owned land, environmental issues, and of course POU, amongst others probably.
From what I can figure, this appears to big a big win for CPS.
The value of POU's shares are worth only a few million at this time, however this could evolve into a going concern with a much larger market cap.
It's suprising to me that the stock price did not respond in a significant way as a result of all the news surrounding the announcement that seems to have made CPS the last one standing.
If RCT Solutions follows up with their 3 billion dollar solar panel plant, they will now require what CPS has. I believe that RCT has deep pockets so they may want to just take CPS out. That would solve the problem of CPS requiring big bucks to proceed further.
Time will tell I guess.