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Bullboard - Stock Discussion Forum Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based global technology company focused on the development of plant-based proteins for foods and beverages. The Company has an extensive patent portfolio covering its novel plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is engaged in the production of hemp protein isolate and... see more

TSX:BU - Post Discussion

Burcon NutraScience Corp > Third Quarter Earnings
View:
Post by west24 on Feb 15, 2023 2:28am

Third Quarter Earnings

Overall positive news from the quarterly results and meeting today. Appreciated Kip's honesty. Sounds like there are potential takeover bids for Merit (although Burcon themselves ideally will be successful in a takeover), and he hinted at potential partnerships outside of Merit that may be close to being announced.  As one individual on the call mentioned, with the market cap currently 37 million, this is less than the value of patents alone. Certainly not out of the woods by any means with funding required past June 2023, but I'm impressed by Kip so far. Hopefully he can use his connections to bring something positive.
Comment by Stanny1 on Feb 18, 2023 2:46pm
Agreed.  I listened to the call as well.  I was impressed with Kip.  He described the situation realistically and said things will have to play out over the next few months.  Worth a listen.  Its not long.  As well the stock is trading at resistance    i bought shares after the call after having been out for the last year.   After all the bad news ...more