RE:RE:we did not profit from the sector upside and yetAlso, if the management team who is experienced in raising capital were to agree with you that if the stock price can't hold 4 dollars that the deal fininacing wouldn't close, then I would imagine they would use some of the excess capital to buy back some shares. Whole sector is red, thcx is just a part of it. We're likely to be on the junior growers horizon etf along with abcn and delta.
I'm still buying, got my tfsa margin to port over to my trading account, hopefully that happens soon and I will continue buying.
CorporateRebel wrote: Hollowchair wrote: when the sector is down we are down. If thcx is not capable of holding 4$ the bought deal wont happen.It has been months the ceo told the deal with qc is coming soon and yet nothing.
Half of the provinces haven't annouced supply deals yet, thcx is not the only one. Statements like this are exactly what bashers use to short attack.
BBD.B has dealt with this for years and continues to deal with this. THCX has great product with increasing revenus. Who cares if some people don't feel that they will supply Quebec. They for sure will be a supplier in quebec, that's almost common sense.
Nothing wrong with that mentality of sourcing within province, all of the provinces that have annouced, have already done that. Look at how ontario wine retailers stock wine, the majority is in province.
It's not a race to get the supply deal, it's a race to execute.