Post by
CanolaisKing on May 01, 2013 3:42pm
If Only You Guys Had A Clue!!!
First off, Prairie, Bear, Cliff, Hawk, and all other supposed oracles of knowledge, give your insights a break, you guys have no clue about what is going on and what will be happening in the next little while. First as far as the Protein is concerned, it is fantastic stuff. I have seen it, touched it, tasted it in water and it is great. No bad after taste, very soluble in water, really great. Try tasting a Gatorade G3 with Protein developed for athletic recovery, tastes like sh**, very bad aftertaste. This protein is far superior in taste, the taste is neutral, no taste at all. Is colorless in water. Second as far as money is concerned to go forward they are selling the land that they have outside Saskatoon as well as the building and equipment. A basic knowledge of commercial land values around Saskatoon would tell you that the land would be worth around 3-4 million. The equipment, especially the dryers and such would have a value of between 10-13 million. On the low end they would get 13 million and on the high end around 17 million. Pay off Romspen and what is left? Around 6-7 million. Is that enough to pay Chris's salary for awhile. Burn rate of 150,000 a month gives us about 40 months or 3.3 years worth of capital. Thirdly regarding the Integrated and diversified global agribusiness is concerned there are many companies who could fit this bill. It is probably not even a European based company. Companies that would be in the running would be Richardson, Bunge, Cargill, ADM, Nestle, and my favourite Louis-Dreyfus. By the way Louis-Dreyfus just bought out their small partner in a Canola crushing plant in Yorkton, Saskatchewan so they own 100% of the plant. They are planning on increasing their capacity greatly, in the next year. They say they are very bullish on Canola oil and anything related to Canola as it becomes more widely used around the world. Wouldn't the added on technology to process the left over meal into high quality, human consummable protein make sense as a value added part of the whole crushing process and OVERALL PROFITABILITY. I am thinking margins here. Lastly if the above mentioned posters have such a negative view regarding BXI and Chris S. then sell your shares and bugger off. If you guys have nothing interesting and intellectual to add to this board then go somewhere else. Answer this one question you bunch of baffoons, who has the time to post like you do on a bullboard of a company that is trading at .7 cents of which you don't like? I can tell you shorters, paid bashers, guys go make a living so other way your drivel does nothing to sway my opinion, I have way more knowledge about this company and the process it takes to make this thing happen. You guys are unitelligent, speculators at best. In fact the more you bash the more I am convinced that BXI has the goods and others are wanting it or you wouldn't be here. The King
Comment by
cliff58 on May 01, 2013 4:37pm
The King more like the clown,all i hear is blah,blah,blah Cargill blah,blah,Nestle blah,blah JV blah blah what if,blah blah blah CS says blah blah blah if you're so sure buy afew 100,000 shares tomorrow which isn't a whole lot of money but no you won't because you're worried that it's going to ZERO just like the rest of us.
Comment by
1320racing on May 01, 2013 7:25pm
This post has been removed in accordance with Community Policy
Comment by
juanito1 on May 02, 2013 9:30am
At even a 15% rate you get sales of 150,000 ton X$9000/ton = $1.35 Billion...I would think Louis would be happy with that...don't ya think???
Comment by
prairiebreeze on May 02, 2013 10:13am
What's the point Juanito? LDC owns Yorkton now. That's a high temp crushing facility. And it crushes volume. Means nothing to BXI. You're grasping at straws now.
Comment by
1320racing on May 02, 2013 10:53am
This post has been removed in accordance with Community Policy
Comment by
cliff58 on May 02, 2013 1:05pm
Come on CanolisKing buy some shares u chickensh&t put your money where your mouth is.