GREY:BIXZF - Post by User
Comment by
prairiebreezeon May 16, 2013 6:17pm
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Post# 21405597
RE: RE: RE: Burcon market cap 85 million
RE: RE: RE: Burcon market cap 85 million 1320 said about Burcon:
"Unfortunately their shareholders are sadly finding out you can have all the patents in the world but if you can't advance the product beyond the laboratory stage then it has no way of generating any income for the company."
And have BXI shareholders not learned the exact same thing? BXI invested 100M+ into what is essentially a glorified lab that they'll be lucky to get a few pennies on the dollar for. Burcon's lost 2/3rds of their value while BXI has lost more than 90% from its' peak. Says plenty about the sector. The sector may, at some point, become a big thing, but it is surely not the NEXT big thing.
You can ask Santa Schnarr for that shiny red wagon, but you are way more likely to get a lump of coal. IF he can find a buyer for the building. IF.