SLX 2.99% $4.83 silex systems limited

will ge get a loan guarantee for paducah, page-31

  1. 20,231 Posts.
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    ripfulfer, I apologize if you took that to mean that I was calling you a moron, I wasn't, I was calling the statement an oxymoron, which basically means that it makes no sense.

    I too get frustrated, time has dragged on, but I think I "UNDERSTAND" why and I have tried to explain those reasons why on a few occasions now.

    Yesterday you made what I believed to be a rather flippant remark about MG being tossed a coin for the delays at Wilmington.

    It's worth remembering that there are two sides to every coin, yes the $5 Million was but one of those sides, but the other side of that coin in my opinion is "far far" more important, because in allowing that delay at Wilmington, it allowed them to test the prototypes for Paducah and without that testing going ahead? well there wouldn't even be a Paducah plant, it would have been just a pipe dream, but I believe it goes even further than that, because if what I am saying is happening at Paducah then I also believe, that in a way, it becomes the first test bed for part of the Advanced Recycling Center, remember that GE talks about the Silex system as being game changing and it is an integral part of their future plans, I think I understand why.

    I keep referring to the word "UNDERSTAND" because that is the first rule in investing, you have to understand just what you are investing in, in the first place, there is a great book called "One up on Wall Street" by a bloke named (from memory) Peter Lynch, in that book he explains all about understanding what you are invested in, he talks about going to meetings and asking the right questions, talking to employees sometimes, talking to management, and most of all understanding exactly just what you are investing in, SILEX is not an easy company to understand, mainly because it is a high tech company and because they are working with leading edge technology, they don't say a great deal for obvious reasons.


    Anyway I hope your investment also pays off, if it does then that means mine has too and maybe at one of the future AGM's we can talk about it over a beer or two?
 
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