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gatesoft55

05/25/16 5:21 PM

#19881 RE: WisePolicalEconomist #19880

Wise,

That is a very good question for Walter. I wonder which has more ultimate potential and which has more near term potential?

GATES.

sixshotlimit

05/25/16 8:08 PM

#19883 RE: WisePolicalEconomist #19880

Or an inhalable insulin company?

walterc

05/26/16 3:33 AM

#19888 RE: WisePolicalEconomist #19880

Wise
indeed a very good question , but not so easy to answer . I am not an investment guru and only try to use my common sense . ( We call it farmers intelligence in Flemish) You have to understand where I come from with my investment strategy.
When I retired , a few years later I lost a lot of money in 2001.I was playing tennis while the bank was losing my money in the internet bubble. That's when I started to do my own research ,I did not lose much in the bank crisis in 2008 and from that period on I started to invest in start ups with failures and successes. Originally I was investing in good ideas , but later on it was clear that good management was even more important. Therefore my investments in the last years are only with companies where I met management several times; I invite them to Antwerp and I visit them in their offices; We participate in their private placements ( recently a few weeks ago IBC at 0,375 CAD)
Recently we made a visit with 4 Belgians to Denver where we visited NioCorp offices and a few other projects and also the LWLG ASM after which we had dinner with some other shareholders.
I am a very early investor because if it is a good project I think that's where you can make most of the money. But the risk is of course greater. I am not a chaser when things start to go well. If one of these projects hit my kids can retire and the Afghan refugiee family whom I support will have a good life.
At cost my investment in the mine is twice as much as in LWLG and I feel comfortable with that.( At today's PPS the mine shares are of course worth many times my investment in LWLG.) I believe that LWLG is at a PPS now where NioCorp was at 0,10 CAD. Given this fact I would overweigh in LWLG .I have no idea which one gets faster . The mine has certain events which will be good for the price and I do not know what Lebby has in his sleeves for the next months but I know if succesful LWLG will be wort many times NioCorp..
BTW a similar Niobium mine in Brazil with asking price 1 billion was sold for 1,5 billion leaving 14 of the 15 bidders hungry for a Niobium mine.

BTW do not forget IBC . I have doubled my PPS in a few weeks time so it is not an easy decision for investors now after such a runup but listen to this one http://www.equity.guru/2016/05/19/podcast-ibc-advanced-alloys-ib-v-is-real-and-the-time-is-now/

This one will go really fast but I do not know what it will do next days after such a runup.


And yes Six , mannkind is a disappointment but it is a fantastic product. I sold some shares when it was high . I think the product is top but Sanofi killed it as it is competition for its blockbusters.. It could go bankrupt but I keep the shares ; Unfortunately this is one of the companies I have no contact with so I would never invest in it in the future as it does not match my new investment rules which I have learned with successes and failures.

Does that answer your question Wise. Do not forget I was an auditor and that does not make me an investment specialist. My biggest talent is assessing people. And that's what I do when I meet management ans some of the other shareholders; We are in good hands with Tom and Michael.
The bad news is Tom is not a Wallstreet guy; The excellent news is Tom is not a Wallstreet guy.