Been a few days, so where to begin.. Reports & Announcements already realesed in the sector are beginning to prove my very genuine points & I just hope we're building to what I expect will be the catalyst for the "turning point". Have a read through the numbers of ZLD, MDC, EXL.. You may or may not already be aware of the CAN story right now. All releases are backing up everything I've been saying.
While my faith right now is firmly placed in the earnings of Mernova. It is just the last piece of the puzzle in which Creso is one of the few companies in the world to now have the full picture. As to the question of 'why aren't they further down the track?'.. That'd be the whole sector - that's simple - 1. The market & funding were way ahead of the real regulations changes, hence the whole sector was in a bubble from the start & down it has come.. 2. The early faith was placed throughout the sector in what was allowed, ie Medicinal & Treatments.. CBD & THC Oils were the go to but outside the prescription world, sales of that were still faced with restrictions/red tape & were never a viable market for the flood of capital thrown in to compete for it... 3. The wave of regulations changes now actually being made around the world (just medicinally alone) at such a significant pace in particular, is definitely already being reflected in the sales numbers... as those other companies are NOW starting to show. Creso has ALREADY had fairly reasonable sales in comparison & a rise in even half the percentage increases being reported by other companies, will again line up with my logic of why I put this company as a leader in the global sector. This is also particularly highlighted in the animal market of which Creso is way ahead.
As to my old mate Oscar up there in his trash can..
Champ, I'll be happy to list reasons why I'm avoiding most of the market right now. Of course there are exceptions to every rule & plenty of picks with luck, potential & timing no matter what's doing. But apart from a little particle floating around the world at the moment & the possibility of a resulting global depression, Government debts shooting up everywhere at historical levels - or whatever reason you want to list - From the list... My actual concerns right now are circled around & can be summed up in one word - "Chi-Na..!".
Whatever reasons you wish to go with from the list - THAT' CAN BE THE REASON WHY I put this sector up top right now for any long term thinking & I honestly think (having actually know something about the industry) that CPH is the company on top. The sector, especially taking into account the bashing it's had & the times we now find ourselves in, is more attractive than it's ever been to me. You can read back through my list of reasoning behind Creso but rest assured that is just the tip of the iceberg.
I only kept it short.
Night all & happy hunting!
