Resverlogix Corp. (RVXCF): I'm not 100% current on them... B...

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growacet

Re: Phoenix300 post# 573

Tuesday, 08/07/2018 12:05:18 PM

Tuesday, August 07, 2018 12:05:18 PM

I'm not 100% current on them...

But I believe they would need to have a stronger balance sheet and imo targetting $5+ per share is more realistic...in fact I would aim for $10 if I were them.

The vote to give management authorization to effect a consolidation at their discretion is still over a month away and the way things are moving I think it may become a moot point.

Personally my opinion is that Resverlogix should have a market capitalization of $1 billion USD minimum....and I believe that is being incredibly conservative. Right now its still below $500 million USD....

And with Apabetalone's blockbuster potential I don't think a pipeline value of double or even triple that number is unrealistic.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.