Burcon NutraScience Corp T.BU

Merit: “We anticipate to grow to four times the size.”

[fundmanager1944]

https://www.linkedin.com/feed/update/urn:li:activity:6892913171909222400/

[capitalraiser]

today could indicate the start of this

[Summer001]

... anticipate to grow....? Burcon has been making assumptions for 20 years without results. Moreover, even a quadrupling of production capacity would only justify the current price level. The problem with Burcons technology is that the production costs are too high and the production quality is not stable enough. The advantages of the technology do not outweigh the disadvantages to the

[ParamaYogananda]

Not Burcon speaks of a quadrupling, but Merit. How do you justify the reviews of Tesla, Apple, Biontech etc.?

[Summer001]

´How do you justify the reviews of Tesla, Apple, Biontech?´  Turnover, profit and growth! How do you justify a market cap of CA$130 million for Burcon? Zero, zero, zero, since more than 20 years...and now a fired CEO, which was probably the most positive news in a long time. But even that certainly does not mean anything positive in the short term.

[groundskeeper]

Summer.  In large part I agree with your opinions on the current state of Burcon.   The markets are clearly indicating this is a $130 million company based on current information.  (~$30m for their stake in Merit, $10m in cash, and $80 -- $100m for the IP).   Kappel has to lead the Feb 14 Investor's Call.   Putting a lame duck CEO out front on that call will be

[Trendsetter]

Groundskeeper for once a decent thought provoking post instead of the unintersting and negative Capitalraiser (aka fundmanager and Summer...does he own shares or not?)   Regardless, I appreciate you thoughts but have a few comments and questions of you to add.  I doubt the Q3 results will  be showing much in the way of revenue as its my understanding Merit were still trying

[fundmanager1944]

perhaps sales show how urgent this might be up again with more volume as usual (in the last weeks)

[fundmanager1944]

ONETHIRTYSEVEN