Monday, April 15, 2013 11:13:49 AM
I cannot tell you where this stock is going to end up and also cannot say if the technology will work out as well as the engineers say it will. Historically it hasn't. The shorters believe it won't and have driven this stock down repeatedly to the near one buck level.
This technology does have tremendous potential and they now have Outatec delivering the new calcinator oven soon to hopefully wipe out the last bugs in the process and to allow eventual ramping up to 5 tons per day of HPA.
My most earnest wish is that it will work, we will have to wait and see however.
While we are waiting however, I fear that the hedge funds etc may continue their attacks on the share price and with further devastating effects. My concern is whether the company's stock can weather many more such attacks.
I cannot recommend to you or anyone else to buy this stock right now,unless you are financially able to possibly lose every last penny of your investment stake. This is no intellectual evercise, nor a game, serious damage is being done to little investors in this stock right now and virtually every day lately.
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