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Bullboard - Stock Discussion Forum Gnomestar Craft Inc VDQSF

Gnomestar Craft Inc. is a Canada-based craft cannabis company. The Company is engaged in the medical and recreational marijuana business. It operates in one business segment, the marijuana industry. The Company produces hand trimmed cultivars in its 12,000 square foot indoor facility in Delta, British Columbia.

GREY:VDQSF - Post Discussion

Gnomestar Craft Inc > stock price
View:
Post by holdings on May 30, 2019 11:03am

stock price

where do you guys see the stock price after the license is granted.
This stock is very cheap in my opinion - we've been to 2 Dollars before, without the license.
Comment by AccountabilityM on May 30, 2019 7:14pm
Once they get a license, that is the first step.   Let's mirror a Matica (MMJ.CN); a company with demonstrated trouble navigating the waters and is equipped with a similarly sized 10,000 ft2 greenhouse.  Market cap is currently $27 MM. Regardless of what anyone says, Vodis has had well publicized difficulty just getting a lciense.  And, it is very reasonable to ...more  
Comment by Griffin60 on May 30, 2019 11:40pm
When was it $2?
Comment by coffeeWorks69 on May 31, 2019 1:30pm
it was never $2. looks like got to about $1.50 in early 2017
Comment by PanAm12 on May 31, 2019 4:48pm
Vodis hit almost $2.50 a share in 2014. Those were different times though. Im expecting ~$.40 on news of a license and maybe more if this new management team can convince the market that the new Vodis is real.
Comment by Griffin60 on Jun 03, 2019 9:29am
Yes, those were different times... The other two MJ stocks I invested in have increased in value by a multiple of about 12 since then, while Vodis lanquishes. I am unconvinced that VODIS is any more real than it was before.
Comment by Canuck21C on Jun 05, 2019 9:42pm
I've been around this dog for 5 years now I think.  No sense dumping it now for there is still some reasonable upside to it.  While we wait for HC to throw us a bone, here is the 3 week old listing for the Vodis USA facilty for sale:  $2.3M for a turnkey operation in 2 buildings on 1.41 acres.  Not too shabby.  You would think somebody in the WA industry would snap ...more  
Comment by Griffin60 on Jun 06, 2019 12:39pm
Well, when I look at comps around the area, it looks like about 1.4M would be about right. I hope I'm wrong, but that's what it looks like to me. I am disappointed that VODIS couldn't make the business model in Washington work, I thought it had potential. Just another example of poor management, in my opinion. I hope there is a future for VODIS, but I think it will be hard for them to ...more  
Comment by Canuck21C on Jun 08, 2019 1:39pm
Thanks for your observations Griffin60.   I forgot to mention there is something else with this property: The Company’s cost to exercise its option on the property will be approximately $1.2 million USD. The company intends to repatriate the net proceeds of the sale to Canada to fund operations in Delta, BC.  If the true market value of this property is as you indicated and they ...more  
Comment by Monty2469 on Jun 12, 2019 6:51pm
I'd be happy to get to $0.40. I'd first bought late in 2016 around .20 and averaged down to .13 since. Dreams of a buck or two are long gone for me. All depends how things play out though. If somehow they get to .40 on more than another round of speculation of whatever news of the day, who knows what 3-5 year term could get them. But would be happy to dump at .40 and put that money ...more  
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