GREY:BIXZF - Post by User
Comment by
prairiebreezeon Aug 16, 2012 1:25pm
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Post# 20225517
RE: RE: RE: Somewhat informed......
RE: RE: RE: Somewhat informed...... So, the process that GEA says is profitable is only theoretical (because it does not currently exist in Saskatoon), and requires another multi million dollar investment to even make an attempt at it? Am I understanding that right?
That's why this stock sits at 14 cents. Even if the white knight arrives, what if they spent $50 million and it's still not profitable? Too much risk for the big boys - their shareholders are risk averse by the nature of their investments in the big boys.