NO reason to discredit, GREAT company....I think people need to understand Canadien biotech and how it works.
Great science and great stories are often attention grabbers for BIG money.
How might "BIG money" accumulate a GREAT story when it is sooo tightly held?
The last time this traded in the mid 50's ( albeit cad ) this bullboard ( apparently a most read bored, right "Knoxey")
swore UP and down that NO money was needed and the SP would go to the moon..INdeed, a financing at 30 cents cad with 35 cent warrants and 25 cent option doling to the tune of 12.7M options...how did those "pumped purchases of 50 cent + cad feel then?
Here we are again folks, BIG trading, this time in the mid 40's cad, stories of warrants and options feeding the "skinny kitty" and NO chance of a "raise" despite the heavy trial costs and dwindling cash position. So today we traded at .26 cents cad and closed at 29 cents? Where is the beef? aka, the money to feed the kitty and run a key US FDA trial? You don't roll into to Bethesda on fumes, it just don't work that way.
GREAT company..BUT where does the money to run the trial come from?
WHY is this fact constantly avoided and WHY is this bullboard a full-time engagement for the Beech Boys?
I smell a dirty bullboard...I can smell it all the way down here in the tier....it stinks..JMHO
Great company, wonderful everything..and likely WHY BIG money will want more, more and more
DO your own due diligence and never take any advice from a penny stock forum / bullboard story.....they are often havens for "white-collared activity"
Bon appy, Tom-cat