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Neil1959

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1919

11/12/17

18:04

Post #: 29545241
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Originally posted by silverfox3731 ↑

Neil1959 good post. Can you comment further on this part....?. My concerns below re estimating profitability and happy to be corrected.

Neil..."The most important thing for investors to remember here and think about, IMO, in the absence of any bad news, is the long-term profitability of a company"

We are not yet able to start mining the Bauxite. We do not have a JORC compliant statement of just how much bauxite reserves are there, nor the method and costs of brining it to market. No verifiable information of future profits at all available from that side of the business.

We are not yet able to produce, manufacture and sell medical marijuana. We heard today that some unnamed americans had recommended some Israeli people might have some good technology...whatever it is to help on that front. We are only at LOI ..letter of intent stage in getting involved with whoever they are and whatever it is.

We are about to launch hemp food products in a market where others are growing ORGANIC hemp in australia, organic hemp food products and marketing them nicely. We should get some sales...of our non organic hemp products though. But so far no website, no contracts, no product details or even pictures. No projections of market size or share.

So no wonder the stock is being driven by hyped announcements, darling cannabis stock euphoria and day traders.
Anyone reminding readers of the realities are labelled downrampers.
Fox

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I normally dont answer to people who arent invested but your sentiment caught my attention.

I notice your sentiment is BUY and NOT HELD...so I dont understand your statement. That indicates to me, and probably everyone else in this room your intention. i.e. you want to wait and buy in when the price is at your buy in point.

Your comments would seem to indicate that.

Profitability...my answer is Long Term and thank you for allowing me to clarify. I am in for 2 years or more = Long Term Profitability.

JORC:
2014. Initial Measurements and JORC tables.
http://www.aspecthuntley.com.au/asxdata/20140801/pdf/01539215.pdf

2015 - 2016 Camp Creek results. ASX statement

Pictures

Pictures:

vitahemp website update ...on facebook ...

also go to www.vitahemp.com and the landing page is there.

Anything else I can help you with???

QBL Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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