Lexaria delisted on the Canadian Stock Exchange and retained its listing on NASDAQ where traders and algos have had two runs at the share price. The company is looking at trading records however, having 53.5 million shares trade when there are only 5.1 million shares outstanding suggests some trading shenanigans.
It is one thing to have a drug which shows activity against an infection, virus or disease, it is another to deliver that drug effectively. Lexaria (NASDAQ:LEXX) is in the drug delivery business. Whether it is an anti-viral like COVID-19 focused Remdesivir and Ebastine or Cannabinoids including for Hypertension and Central Nervous System disorders, Lexaria’s DehydraTECH™ technology has the potential to enhance the performance of those drugs.
One thing leads to another as the saying goes. Tocvan Ventures (TOC.C), under the leadership of CEO Derek Wood announced that it had committed to acquire an option agreement for the El Picacho Gold Project within the Caborca Orogenic Gold Belt in Sonora, Mexico.
Typically, an exploration company will hire an exploration geologist to run a greenfields program on prospective ground. This makes a lot of sense as exploration geologists serve what amounts to an apprenticeship learning how best to evaluate and de-risk a piece of ground. Stratabound Minerals (V.SB) went in another direction: their President and CEO, Kim Tyler has a wealth of experience as an “operating geologist”.