Watch for news and progress on the Chinese deal between CPOW and Chongquin Grain Group. The news articles on this are still trickling out - I have seen 2 or 3 in the past few days and have tried to post them as I see them, as have others.
IF it comes together, this in itself could have all kinds of effects on the canola industry in Canada. Remember, basically this would allow a Chinese Company to compete in Canada with the established conglomerates. See the definition of Joint Venture (JV) here:
Some good possibilities here. Potential demand is big. Pressure of rising oil/gas prices could accelerate demand. Need to hear more about what the company is doing in this arena. A potential JV with another company working in the biodiesel sector would be awesome. Possibly government grants could be applied for and gotten to develop biodiesel production lines and technology.
c) Lubricants, gun oil, etc.
More possibilities under CPOW's MOPO brand of products. Gun sales increasing in the U.S. - heavy push back against gun control efforts. There's a market. A lot of lubricants being sold are petroleum based. Price of petroleum going up -- well this opens markets for lower cost lubricants.
d) Neutraceuticals.
CPOW announced efforts to get into this market. Demand is there for low cost and effective beauty products. More possibilities to develop.
e) Feed stock.
CPOW enlisted Ken Kunz with decades of experience and communication lines and contacts to livestock farmers of the region. Sales potential there and possibly branching out to other areas if product quality is good and price is right.
Someone once said to me something along the lines of: a company either finds and fills a demand for something and gets paid for it or it doesn't.
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