RE:CMC generating Millions revenues! Share price to skyrocket!you naysers are just idiots here with an agenda. plain and simple. otherwise you would shove off and ignore this stock instead of enjoying yourself making comments into a vaccuum. Menage et moi I suppose. well thats your perogative.
The news essentially validates the companies directive and continual progress. It doesnt instantly grow the value of the stock, that comes with proof of production, realization of forcast revenues, and bulding long term value.
Ebitda of $11M is simply an estimate for annual realization on the one process, not perpetually! Wait until the full vision is realized.
Not to say this is any sort of guaranteed fortune 500 company, because its not. Its still a penny stock that shows promise. Nothing more than that.
I like the story, I like the new team that took over from the previous scheisters that built the story and took off so-to-speak. Whats the risk here unless you are playing with your entire RRSP which would be stupid.
I little 10K-25K investment with play money is worth taking the shot.