I was truly hoping to put forth a substantial percentage of my funds into this venture. I put a lot of time and effort researching and educating myself on the risks of the project. I have come to the conclusion that the risk tolerance is way to HIGH. Some of the key reasons why the future performance of this stock is so uncertain;
- As stated in my previous post; Curis has not been forthcoming with information on changes to the program. These changes can have a very profound and negative impact on current and protential investors.
- Every single landowner within the vicinity of this project is vehemently opposed to the proposed ICR operation.
- Attempts by Curis to obtain approval for rezoning by the town of Florence has failed twice in the past two years. Curis has failed to acknowledge that it's not just the landowners who are opposed to the operation but also the Town itself.
- The town of Florence recently approved a resolution to encourage federal, state and county agencies involved in the permitting process to deny any and all permits for the project.
- Finally, the start-up money is not in place. Although Curis is currently working on this and will likely secure funding - it's not there.
Again my recommendation is a STRONG sell.