MTL Cannabis Corp C.MTLC

***MARKET CAP 13.67 MILLION***

[letsflythis]

if you take a close look its still over priced compared to the latest financials...... looks like .002 SP may still be over priced .

[Gmoney$]

How do you figure it's over priced? They are on track to do 10 million in yearly sales. 

[Gmoney$]

You're giving CHV a valuation at 1x revenue. Many others in this sector are trading at 20x revenue. Even at a modest 3x revenue, CHV would have a market cap of 30 million and a SP of 4.5 cents. Would you argue those numbers? They aren’t burning cash like most of you had hoped since they still have 2.7million on hand, compared to 2.8million the same time last year…

[letsflythis]

yes 3x would be fair ! but in reality the market doesn't see these guys as real big go getters (speculation) how many things did they execute in 2020 that they said they were going to ? the market frowns on disappointment time and time again !

[letsgetonthis]

Also let's not forget they are way off on their projected numbers of 3000 kg a year ....the market is not liking that

[vetinvestar]

Agreed and as far as the financials go, this would have been great 3 years ago but at this point it just further enforces the reality that this group cannot execute.  Keep in mind that they raised almost $10M in the past twelve months so to have about the same cash on hand as last year is not an accomplishment by any metric. it doesn't matter what CHV reports as all that matters and will

[letsflythis]

they should have been making that the first quarter after sales license was awarded in 2019 oct 1st ! !... 3 years ago they were making 1.3 million now they have pickering and Isocanmed and can only pull in 2.3 million >? 1 million more than 3 years ago ??? what am I missing ???? help see what im missing Gmoney$ and I will look at this company different !! the way they keep going lucky to see