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Sunday, January 08, 2012 3:36:16 PM
I believe the last 12 months has been far worse a time to try and raise money for technologies like ERC and MVTG (as well as alt energy, biotechs and so on) than 2008-09 was, because the 08-09 period looked like Alt energy and GHG technologies were going to be king of the mountain in 09 and beyond. Japan Tsunami, major earthquakes, Euro crisis, Iran nuclear issues (recent saber rattling) in 2010, the market slide for 9 months, and so on has had people running to so called safe bets, like US treasuries, and oil stocks, and some solid dividend stocks.
Every high tech bet I made in 2009-10, has been hammered by 80-98% losses the last 12 months. One of them just rallied by 400% the last 8 days, so I have not lost all hope!!!!
As far as LaFarge is concerned, I suspect we will hear news of ground breaking pretty soon. Let's hope the timing is good for the market!!!!!! We should also hear good news of an issued international patent overseas this year!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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