Natcore Technology Inc (NTCXF)

[ariadndndough]

wow found on another board. monday is going to be interesting for sure

http://www.siliconinvestor.com/readmsg.aspx?msgid=28234064

From: fringe 6/28/2012 2:12:50 PM
of 98217

NXT PR Piece Just Released, Unsolicited


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Thursday June 28th, 2012 - Baltimore, MD



Natcore on Cusp of Commercialization

Everything I've been saying this month is coming true.

On June 1st, as oil was trading for about $83 after having just fallen precipitously from above $90, I warned you of a suckers' rally.

Concerning both oil and the Dow, I told you:

My gut says we're in for a modest bump up before another hard leg down. That's exactly what happened last summer. Just look at a one-year oil chart.

A week later, we were already seeing my gut feeling (otherwise known as market intuition from years of observation) be validated.

I told you June 8th:

We're seeing some of that modest bump up this week, as the Dow has drifted upward to 12,500 from below 12,100... and crude climbed to $87 from $82 before selling off again on Thursday.

I think it's going to fall back to $80 or lower. And when that happens, we'll buy.

I have a similar view of the broader market, and will be issuing the buys we've been discussing on any sustained pullback, say Dow 12,000 or lower.

We're still waiting for the broader market to fall a bit, but oil has acted just as I suspected. The brief reprieve only lasted a few days, and then that hard leg down came. Oil's been trading below $80 for the past few days, though it did cross back over yesterday.

Light volume because of the holiday next week will be the perfect litmus test of whether we've bottomed or there's still more room to fall.

As I've said a handful of times now, we're not going to buy new positions until we're sure.

We've done well to avoid market pitfalls this year. And we surely don't want to start now.

We've locked in gains that put our closed portfolio up 25.93%. The Dow is up 1.8% for the year.

And that doesn't include the three double-digit winners currently still open – Northern Graphite, DNI Metals, and Natcore Technology.

I'm expecting much more from all three.

Second Half Expectations

Take a look at this chart. It's of the Dow Jones Industrial Index and the TSX Venture Composite Index over the past year-and-a-half. The Dow is red, the TSX Venture is blue.

TSX Venture vs. Dow Jones

Two of our biggest winners this year, Northern Graphite and DNI Metals, trade on the TSX Venture exchange.

If you thought the Dow was doing bad, the Venture is doing terrible – the latter is down about 50% as the Dow struggled to tack on a measly 9%.

Even in the face of a 50% decline for the exchange on which they're listed, two of our Venture-listed plays are up 60% or more. That's a testament to the quality of these two companies and the value of the resources they have in the ground.

And it should only get better in the second half.

Last week, DNI Metals (TSX-V: DNI)(PK: DMNKF) filed drill permit applications to continue quantifying just how big its polymetallic resource is.

The summer drill program should get started next month, and it has three goals:

1. to expand and upgrade the existing Buckton initial inferred resource;

2. to commence drill testing of the Buckton South target, which is either an extension of the Buckton Zone 9km to its south or a separate mineralized Zone that has been extensively sampled and trenched on surface in valley walls; and

3. to commence probing possible northerly extensions of the Buckton Zone over at least an additional 6km of strike.

As the company continues to increase its reserves through drilling programs like these, the inherent value of the stock will rise.

Already this year we learned that cover rocks in the formation previously regarded as waste actually hold large amounts of base metals, specialty metals, and rare earth elements that can be recovered through leaching.

A new issue of warrants that allow company directors to buy new shares at $0.25 has given this stock a new floor near where it's trading now. A floor, I'll add, that is 60% above our buy in price.

We've already sold half of this play for more than double our money, so some of you are taking a risk-free ride here. For those who haven't, DNI Metals is still a Buy, though I'm lowering the Buy Under price to $0.35.

Northern Graphite (TSX-V: NGC)(PK: NGPHF) has held up nicely against its exchange as well. It's up 67% from our buy-in as I write this.

There hasn't been any new news in the past few weeks, but both the bankable feasibility study and the mine closure permit are expected this year. And then construction can begin.

Investors are clearly anticipating these events, as the stock has drifted 17% higher since June 14th on no news.

Northern Graphite is still a Buy at these levels.

Natcore Video and News

Natcore is our next big winner.

I'll have my video from my tour of their Rochester facility up for you this week. I'll also be releasing an informational video to a wider audience.

We're buying Natcore Technology (TSX-V: NXT)(PK: NTCXF) below $1.10. And I'm convinced it's going to hit that price.

Just this week five separate solar companies lined up to test Natcore's revolutionary Black Silicon process in their fabrication lines. They want to know if it can help reduce costs and improve the performance of their solar cells and panels.

Two of the companies were North American, two were Chinese, and the other was from Europe.

This is what we've been discussing since my recommendation of Natcore stock in late April.

They aren't solar manufactures. They are solar technology licensers. They can sell their anti-reflective coating process and chemicals to any solar manufacturer on the planet.

And this news shows that plan is already working.

According to CEO Chuch Provini, “These companies came to us because they were aware of our successes with liquid phase deposition (LPD) and black silicon. If the results are what we anticipate for these tests, these companies would very likely be significant near-term customers for our AR-Box, an LPD license, and the requisite chemicals."

I have full confidence in the tests. After all, that's why I flew to New York to see it for myself. I'm also confident these global solar companies will sign on as customers.

You'll want to own this company before that happens. Even TheStreet.com started covering it this week, saying:

Right now, it is assumed that the cost of panels, amortized over their life, will produce electricity at a net cost higher than juice bought from the grid. That's a big assumption, but it's what the market thinks. In other words, solar can't exist without subsidies.

So the big news today comes from a very small company called NatCore, based in Red Bank, N.J., and traded in Toronto under the symbol NXT.

NatCore calls its technology "black silicon" and deploys it through a Liquid Phase Deposition (LPD) process that may be compatible with current thin-film manufacturing. It's now testing this compatibility with five companies, two in North America, two in China and one in Europe.

Black silicon brings yields on solar systems from 17% to 30% by absorbing all light spectrum into a cell, using carbon nanotubes. It was created by Andrew Barron of Rice University, who serves as a consultant to the company.

This industry is not blowing smoke. Crossover is coming. Be aware of that as you consider all your energy investments -- in fact, all your investments. Because once crossover happens, we go from an age of scarcity to one of abundance, and everything changes.

That's a pretty big deal. TheStreet is citing Natcore's technology as the catalyst that will make solar energy cheaper than fossil fuels.

I'll have the footage from my trip up by the end of the week. If you haven't yet read the report, you can do that here.

We're buying Natcore (TSX-V: NXT)(PK: NTCXF) under $1.10. Do it before the five solar companies testing the technology become its first five customers.

Call it like you see it,

Nick Hodge Signature

Nick Hodge

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Nick is an editor of Energy & Capital and the Investment Director of the thousands-strong stock advisory, Early Advantage. Co-author of the best-selling book Investing in Renewable Energy: Making Money on Green Chip Stocks, his insights have been shared on news programs and in magazines and newspapers around the world. For more on Nick, take a look at his editor's page.