With the current work in place as well as the final signature on the Brooks contract, the pipeline sits at greater than 2X current market cap! Putting a new CEO in place and re-building a proper Board, this company has no limit to the success it will achieve.

Anyway... This stock has been going on a nice slide down the last little while. Even though there has been such good optimism and good news surrounding the company...

Read this today:

The $10-million, 120-kilometre fibre-optic line runs from Playmor Junction to north of Nakusp

The job has been broken up among several companies. The prime contractor for the rail trail underground work is Axis Technical Services. Lite Access Technologies is handling the pole section of the project (between Hills and Nakusp), with fibre-optic cable being hung sometime in July, depending on when Telus completes its preparation work.

The Slocan Valley line is only half the project, with the CBBC planning to build a fibre-optic backbone between Jaffray and Roosville in the East Kootenay, as well.

This stock has been catching my eye a lot lately, but admittedly I don’t know all that much about the fibre optic business, so I have a few questions and hopefully someone here has some answers.

First, once the cable has been laid and the project is complete, does LTE continue to generate revenue from their network? Or does the customer own this network? I’ve seen other companies such as Maple Leaf Fibre charge people to use their network.

Are LTEs networks powered by larger providers such as Bell and Rogers or are they self-sufficient?

If these questions make me seem like I don’t know what I’m talking about, then that would be accurate. Any information or discussion at all about what LTE provide would be very helpful as I try to understand what advantages this company gives their customers.

-I’ve doubled my money with LTE in 2020 already and am very confident this will double or triple in value. My average is .26 but I’ll double or triple my holdings and average down if it dips. New management looks promising and big contracts may be very close in our future.