Due to its crucial importance to Eden and EdenCrete, I believe that this big news that just came over the ticker in the US, deserves its own thread:
"Trump calls for $2 trillion infrastructure package as part of corona virus response":
https://www.cnbc.com/2020/03/31/coronavirus-stimulus-trump-calls-for-2-trillion-infrastructure-plan.html
It is a nice coincidence that the picture in this article shows work on the new I-25 interchange at Castle Rock in Colorado (Castle Rock is only 25 miles from EdenCrete's manufacturing plant and office premises in Littleton).
Most of you will remember, that on the night of Tuesday, November 8th, 2016 (when Donald Trump won the election), during his live televised acceptance speech, Donald Trump vowed to spend US$1 trillion on infrastructure. This of course never ever happened.
If this proposed US$2 trillion "Corona Virus Infrastructure Stimulus Bill" (this is what I have called it) gets passed very quickly, which I believe it will, this will do Eden and EdenCrete an enormous amount of good. In my view, it will be a company changer.
The big difference this time around, as opposed to November 2016, is that Eden and EdenCrete are now perfectly placed in the US to be able to take full advantage of the huge flow of orders that will arise as a result of this huge infrastructure stimulus Bill. These orders will also flow for many many years into the future.
Stay healthy!
Please note: Every post of mine is my own personal opinion. Every reader and/or investor must do their own research. This post, and indeed all of my posts, do not provide tax, investment, or financial advice. The information in all of my posts is presented without consideration of the investment objectives, risk tolerance or financial circumstances of potential and/or existing investors.
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