Anavex Life Sciences Corp (AVXL)

[biotechrocks]

Yes, India may be fairly close as they have more gold (with individuals) than any other country by far (including Fort Knox and US Fed Reserve). You can google it. All Indians have physical gold due to religious and marriage ceremonies. They also have the highest number of stashed cash and jewelry in foreign accounts (due to the corrupt politicians and businessman)! This is slowly going to change with the new demonetization scheme and corruption will also start decreasing slowly but surely!

But I strayed off topic.....AVXL is very very very small company with potentially a very very very big compound (drug)! BIIB or another large pharma knows this (or will know it after the conference on Dec 10th)! If the data is as strong as we know its going to be then you can bet your bottom American Dollar that AVXL will be gobled up and won't be able to resist the temptation of an offer ($1.5 Billion or a bit higher or lower)!
The risks are far too many for Ph3/4 and funding required would be enormous. No large would commit to that type of funding if they can buy the whole kit-n-kabootal for a couple of billion!

Again, just my humble opinion. And in the spirit of full disclosure I'm holding (tight with both hands), a sizeable amount of shares and won't be selling a single one until buyout or possibly a major partnership! My money however is on a buyout......wishing all our dear LONG friends the best!