RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:stonegate: $5.25. to $7.75 with a mid-point at $6.25imartin wrote:
Summer001If we seen no news within the next 3 month Burcon will go further down. I would by Burcon again earliest, if they announc any signifcant progress in sales. I no longer care about patents, JV, market potential ...[/quote wrote: I agree that some substantial news will be needed. But what's the negative scenario here? No one is buying from Merit, and Burcon won't come up with another JV. Why would no one buy form Merit, as the demand for plant protein is so large? Only if the pea and canola product would be sh*t. (wow this word is censored on the board) How likely is it that the product is sh*t? Well, I cannot rule it out. But I just don't put a significant probability on it, considering that the company has been in business for 20 years, clearly has some significant knowledge, and was able to pull in some serious partner (with Bunge). If they walk around bullshi*tting everybody, they would have to be pretty great at it. And for what? It's not that they are artificially pushing the stock price. Rather the opposite.
So, in the end, what are you so worried about?
About Nestle, I believe it was mentioned during the Q4 2021 investor call. Possibly it was also communicated in a press release alongside. Not sure.
Basically, the point made was that the joint development thing between Nestle and Burcon had been finished, as now Merit is taking over everything related to pea and canola products.
1. 001 is not worried - he tries everything - really everything to get some shares out of weak hands
2. stop telling sh..t about the Nestle-BU COOP
show a link, a statement or quote it from a source ... otherwise its just spec