Perspective I think the perspective that 1320 and Juanito have expressed this morning is refreshing.
None of us who want BXI to succeed in completing its first agreement to have the manufacturing of the most efficient and effective product for protein for the masses are delusional as bitter detractors suggest. But rather we are cautious and realize that many of the challenges facing CS are far from out of his control.
All of us who've played many juniors and sometimes thought we were investing in the next best thing tantamount to the the discovery of the role of dark matter in our universe or our brains, have become wiser. This story is not of the penny flips on assays of gold property or the ourageous but absolute fun we had with the speculation on the latest hi-tech or green energy product.
I say we are wiser because we know that money is not flowing like before and real individual investors (not speculators) are staying safe and aren't taking risks. Once large financial institutional backers are prudently taking the small returns they can get or are finding some interim luck in the over-valued behemoth brands. Risk analysis is ubiquitous in every stable sector and leveraging and hedging days have given way to the concern for the unknown future of the economies worldwide.
I still play many pennies, but I don't see this perspective, the global financial one, impacting on any of my other junior holdings to this extent. The complexity of today's realities combined with the numerous process issues both administrative and operational is at the heart of both CS's and our potential partners engagement. While some may view the slower pace of attaining concurrence as vacilating with no true commitment from the outside suitors, I see it as comforting. We've all been burnt in the past by juniors that spit out overblown NRs of promise and certain riches. I prefer this serious effort that seems to be being undertaken in a measured and conservative way.
Yes Juanito, let's hope that CS can remain strong and diligent for us shareholders and bring this to fruition so we can all talk to our fund manager friends.
GLTA