TSXV:HULK.H - Post Discussion
Post by
ProfPennyPinch on Apr 01, 2021 4:17pm
$HULK - Vertical Farming
Pontus Protein, $HULK, is a company that grows water lentil protein through their vertical aquaponic system. This method 95% less water and no chemicals or pesticides in the production process ultimately leading to a greener, more eco-friendly alternative to traditional farming.$HULK updated news to investors about their Surrey facility yesterday. They’re on track to complete construction to begin production this summer! The facility is expected to be capable of producing 6.4 tonnes of product, 6,800% more than their Victoria test farm.
$HULK is a more speculative buy as the vertical farming sector is still fairly young and new. The stock closed today at $0.73 and I’m looking to add many more shares if the stock ever dips below $0.70. $HULK is an early adopter into the next generation of farming and the current valuation of $43M will look tiny compared to the future.
Link to Surrey facility article:
https://ca.finance.yahoo.com/news/pontus-updates-surrey-production-facility-080000588.html
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