GREY:BIXZF - Post by User
Post by
gadfly222on Nov 19, 2012 12:03pm
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Post# 20617732
Financial Post Mentions BXI
Financial Post Mentions BXI A small mention in the Fin Post on Nov. 16;
Bargains or basket cases? Some troubled companies have fixable problems, others not so much
"BioExx Specialty Proteins Ltd. (BXI/TSX) developed a new way of processing canola oil and over the past three years it has raised a total of $83-million through five financings. Its current market cap is just $18-million and it is also in the process of raising money via a convertible debenture offering. BioExx states this is “an exciting time for the company.”
BioExx is still showing the potential of scaling up its production process, but financing issues are coming into play. Again, too much risk on this one."
https://business.financialpost.com/2012/11/16/how-to-pick-underperforming-stocks-like-a-pro/
On 'Stockwatch' the headline is:
"Post says BioExx's challenges seen as insurmountable"