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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by Stairson Aug 16, 2022 12:57pm
217 Views
Post# 34899764

RE:low volume for a bankrupt company!

RE:low volume for a bankrupt company!I suspect there is no conference call due to liability concerns, to focus on the business, and to avoid wasting time on a call that the press-release already provides. 

What they're not saying is probably quite a lot. Caribou is operating at over 2 dollar AISC, and while they had mentioned they are working to improve operations, now are saying they are "reviewing" operatins. Well, they've been reviewing operatinos since they've restarted and now they're tryingi to shut it down or sell it, simple as that.

Perkoa can be considered closed and for sale as well. 

No financing for RP2.0. RP is also for sale. 

There is substantial risk here. I mean, they had the going concern note in the update - what more could they tell you? They're insolvent and waiting for bankruptcy or a sale. 
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