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Saturday, February 18, 2006 1:46:41 PM
Bigmellons,
Thanks. I'm well aware of this company. One has to be very cautious with companies promissing the moon. I know the Russians quite well, and I can guaranty you they will NEVER (not in the near future at least) allow anyone from outside mother Russia control a good business over there, especially when their raw resources are concerned.
I prefer to go with a high growth potential US company with the main opperations in the US. For instance, on Friday I bought (near the bottom) some 300K of LTHU (after I received the response from the company that NO R/S is planned for the near forseeable future, as a RB individual launched the rumor). The Lithium battery they are developing will be a winning solution for many applications (including, but not only laptops). The market value will grow some 700% over the next 5 years, and the company is one of the main players, which is good. Although they still have high losses (after spending some 50 MM on R&D), they just started to sell the batteries here, in Europe, and elsewhere. At low 0.02's it's at the bottom right now (especially thanks to the poisonous Cornell financing, I believe). Not many people know about this company (I guess only the RB is active), as opposed to AURC, which as you know is heavily promoted by many "newsletters." If you are in it, after you make some money, I don't think you should keep AURC for too long. But, that's AJIMHO. Too risky for me!
Mike
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