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California Gold Mining Inc

California Gold Mining Inc (CGM)

0.115
0.00
(0.00%)
마감 17 3월 5:00AM

CGM Discussion

게시물 보기
Tobin F Tobin F 6 년 전
This is a great article detailing the operation plans of the farming facility. Looks to be lucrative by the end of 2019. Load up now!

https://www.nbc29.com/story/40801542/california-gold-acquires-82-acre-private-farm-in-illinois-and-commences-outdoor-cultivation-of-high-cbd-industrial-hemp-biomass
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Tobin F Tobin F 6 년 전
On July 17, 2019, the Company announced that it had completed the purchase of a private 82.42-acre contiguous parcel of agricultural farm land in Kendall County, Illinois (the “Grove Road Farm”) and has commenced outdoor cultivation of high-CBD industrial hemp biomass on approximately 40 acres. That will produce 2.4M in revenue. How is this so far under the radar?
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Tobin F Tobin F 6 년 전
Their financials are up to date, unlike many companies trading in the OTC:

https://backend.otcmarkets.com/otcapi/company/financial-report/226210/content

Very detailed and transparent information. Also attractive to investors.
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Tobin F Tobin F 6 년 전
Also, this is not technically considered a "penny stock" by the OTC market. See below:

This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.

If this lands itself some attention, watch out.
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Tobin F Tobin F 6 년 전
On the up side, CBD hemp can be very lucrative, once a farmer gets started. An annual crop can produce about 10 percent CBD content, and should bring about $25 to $35 per pound. With a yield of about one pound per plant and up to 2,500 plants per acre, that's around $60,000 per acre. They have 82 acres, so that's $4,920,000 per year for that farm alone. Pretty promising revenue.
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Tobin F Tobin F 6 년 전
Welcome. This one is under the radar at the moment, but I feel good things are around the corner for this one and a good time to load up.
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Stock Prophet Stock Prophet 6 년 전
Ok! I'll start! Just got me a few stocks today! Plan on getting some more just by the fact that it looks like this stock representatives are willing to communicate with you. That is very rare in itself! Glad to be on board!
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Tobin F Tobin F 6 년 전
Very promising news out today. Been watching this one lately and it looks like it will start to move. Buy now and then after this new location produces some crop we'll see what kind of profits this will produce.

https://ih.advfn.com/stock-market/CNSX/CGM/stock-news/80348157/california-gold-acquires-82-acre-private-farm-in-i
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Tobin F Tobin F 6 년 전
Let's get this board started people..Welcome!
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