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Protox Therapeutics Inc T.PRX



TSX:PRX - Post by User

Comment by bioboy10on Sep 24, 2009 12:17am
408 Views
Post# 16333864

RE: RE: Hanging in there

RE: RE: Hanging in thereCabbie,

The top line base results, indications from the conference call should be out by year end. Lets say by late November. I would think that if it goes into late december then they will postpone it into Jan. But no later than Q1.

it would be nice to see it stabilize at 0.70 shares. You have to remember that there is a ton of shares out standing. and the cannacoed guys have a bunch at .27 cents they would sell.

I would see a hugh resistance level at $ 1.00. They did a placement there 2 years ago.

The overall valuation of the company is still lagging. or maybe i am wrong and its valued correctly. Any thoughts on future valuations and comparable companies out there,

BB
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