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Bullboard - Stock Discussion Forum Quinto Resources Inc V.QIT.H

Quinto Resources Inc. is a Canada-based gold exploration company. The Company owns a 5% interest in the Monster Lake property in Quebec, Canada, where a bonanza hole grading 237.6 g/t Au over 5.7 meters was drilled, as well several other high-grade gold drill holes. The Monster Lake property consists of approximately 114 mineral claims covering an area of approximately 3,336 hectares. It lies... see more

TSXV:QIT.H - Post Discussion

Quinto Resources Inc > EMH Verdélite
View:
Post by 420mtl on Aug 03, 2020 11:15pm

EMH Verdélite

Wish good luck to all shareholders.... Will see good thinks coming...Verdlite is allready growing nice products... Future is green
Comment by Lefreak on Aug 04, 2020 10:02am
I'm in still 2 years now and happy whit the way they go. You know the total of sales of Verdlite ?
Comment by Lefreak on Aug 05, 2020 10:10am
  I finally found the information I was looking for. At most they produce 10,000 KG of cannabis, they sell it for between $ 2 and $ 3 per gram. Production cost around $ .89. So, the estimated profits per year are between 10 and 20 million dollars. Good start! I finally found the information I was looking for. At most they produce 10,000 KG of cannabis, they sell it for between $ 2 and $ 3 ...more  
Comment by DanielDarden123 on Aug 05, 2020 3:53pm
In your dreams only? What about S,G&A costs, taxes ,etc. . They are paying $21M. A decent return would be $2M hopefully. EMH would not be selling if they had a 50% return. Be realistic. Few CO’s. are showing any profit in the cannabis space.
Comment by 420mtl on Aug 05, 2020 9:45pm
EMH have no choice to sell one of there asset if they don't want a go bankcrupty...and kept there 41.3% in JV with VillageFarm( VFF)
Comment by 420mtl on Aug 05, 2020 10:14pm
Verdlite produce right now between 150kg-200kg per month...Let say 2000kg/year or 2M grammes... All include cost to qrow around $1.80, sell between $3/$5 depend the strain(cultivar) All major investment at St-Eustache allready made... Valuation of building $3M, plus Quinto acquire all products done/in process (value?)
Comment by 420mtl on Aug 05, 2020 10:20pm
At full production, Verdelite will be able to grow +-700kg/month or 8000kg/year (8M gr.) Do your maths and your DD
Comment by 420mtl on Aug 05, 2020 10:27pm
Probably a reverse split coming (like 2 for 1) Could be a PP at 25c(just my hope), like that, +-100M shares after the deal
Comment by Lefreak on Aug 06, 2020 8:42am
My information tells me that they can reach 10,000 KG of production per year. I imagine they will be more specific in a future press release.
Comment by 420mtl on Aug 06, 2020 9:20am
700kg x12 months 9600kg Said 8000kg, don't like to be to optimist. 42M shares at 25c add 10.5M 21M just add 5.25M and less pressure on price, less "cheap paper", don't be to greedy, Quinto didn't trade often over 10c if you look past 5 years...better for "Future is green"
Comment by Lefreak on Aug 06, 2020 8:38am
I used the figures for 2018 as a basis. It's crazy that production costs have doubled in two years. But the sale price too. I am of the opinion that a PP around .25 would be a good move, I will probably invest more. But not a reverse with only 43 million shares outstanding.
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