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Hooker Furniture Corp. Message Board

cptnorb 3 posts  |  Last Activity: Nov 14, 2014 4:11 PM Member since: Dec 19, 2012
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  • Reply to

    Make A Quick 5010%

    by bob_wojnarowski Nov 13, 2014 3:28 PM
    cptnorb cptnorb Nov 14, 2014 4:11 PM Flag

    Not without a beta system!

    Sentiment: Strong Buy

  • Reply to

    Blasting

    by marbleminer Nov 11, 2014 12:34 PM
    cptnorb cptnorb Nov 11, 2014 5:28 PM Flag

    I missed part of the call (had to run to the grocery store for the honey) so I apologize if this was covered.

    So after the first analyst's question about why they don't just experiment with blasting patterns etc for six months before instead rushing into a rather sizable cash outlay, Perron said the results they would get from adding a secondary crusher would be much better than simply blasting.

    I have been (mistakenly?) under the impression that they felt they were going to get to nameplate capacity without the secondary crusher, but that the secondary crusher would improve throughput and recoveries to the point that it is a good investment.
    Am I mistaken about the need for the secondary crusher just to get to original planned throughput?

    If I'm not mistaken, I feel like JP missed an opportunity to clarify that this isn't additional money possibly being spent to get us where we thought we would be without it, but instead is additional optional money being invested because it will get a good return ... and hopefully emphasize that it's a high marginal return.

    Sorry if this was addressed later in the call. I haven't been able to go back and listen to the part I missed yet.

    ---
    Cpt.N

    Sentiment: Strong Buy

  • cptnorb cptnorb Nov 8, 2014 8:39 PM Flag

    What do you mean? There's always money in the banana stand.

    Sentiment: Strong Buy

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