The nice thing about Lexaria is that the business plan is not hinged on getting a Health canada stamp of approval on a grow-op. Chris Bunka has a plan that is now in full swing. CBD's in the US market is vitually untapped and the Tea product is a good tasting alternative medicine source that is about to hit the mainstream end user.

LXX has now see over 7 million in accumulation by its own CEO. I have never seen confidence like this in his own company and the plan going forward. Bunka has raised the bar for everyone else.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.

lol, ya I am with you on that one. Its kinda like playing poker if your holding 4 aces and a 2 of clubs and another player asks you what your holding you might flash him the 2 to bait him into raising the pot. Just my thoughts...

I think once news on the pp gets out we could see the start of amazing news flow, immediately after. Tough time to sit on the fence if this gets a big push. But I like risk on this exchange, as long as its acceptable and calculated risk you can enter and make a very good profit. Everyone has to go over all the facts and decide if this is the story for them. We also need to give the company some time to get the news flow out and put togther the revenue stream and agreemnets to take this up a few notches. Very early in the game in my opinion.

another strong day for sure, the shorts might have to sit back and lick their wounds for a day or 2.

After spending the last month or so in South America I also toured Calama in northern Chile. I can't believe how much costs have gone up for basic goods. Gasoline was almost $2.50 ltr, food costs were way up and housing is on a boom but it honestly reminded me of the Miami real estate bubble. The small airport was very busy with line ups, most seemed like shift changes for those who live in the capital. There has to be at least 10 new Chinese brand SUV's and trucks on the road around Calama with mining tags on the side.

Anyone not working directly for the mines is being left behind in my opinion. A shift in global market conditions will hit this country hard I think. The banks and lending institutions are booming as well and fuelling a consumer rush that has Chileans spending a bit beyond their means as well.

I don't know how the Tech negotiations are going but I sure enjoyed watching the buying today.

Cheers,

I think you nailed it, the share price will cimb ahead of the offer as some groups and traders will smell the deal ahead of the herd. The big question is why are we now locked in the 77-85 range so quietly? The ask side seems to be getting a bit thicker as well.

If I had information that this was gonna pop 200 or 300% I would probably have a hard time containg myself and would b clearing out anyone who wanted to sell probably up to a dollar or slightly higher. Even a low offer would be the 52 week high so if I paid a dollar I would still make good return. Part of this could be Tech has often kept things quiet and moved at the last minute. Maybe the bigger boys holding don't want to get too greedy in case we hit a stall.

Just speculating, its easier to do here than the stock house boards, over there you get jumped on for having an opinion good or bad.