Enjoying my time in Ireland.
Folks here are skeptical about the "recovery"....They are adamant that nothing has changed since 2009 & are surprised to hear that the Irish stock market has tripled since.....I hardly see a crash amid such sentiment.
It is not our place to be economists & try to predict a crash....One will become paralyzed & miss good opportunities.....We just play it by ear.
I can say with confidence that the favourable environment for this bull will persist for a few years to come.
A good article to read ,mainly because of useful charts.
http://www.*.com/stock-crash-9-2014/?IR=T
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SER is upbeat.
Expecting its 2nd offspring (after VXL)....Ionic Industries.
Advanced Graphene research in water purification & energy storage....The next big thing?
Pro rata distribution of 80% its holders........ SER will hold 20% of the demerged outfit.
I like SER because it managed to monetize its assets (oil , Graphite , Graphene)
Runs on the smell of an oily rag... Its cash holding will last 2 years at current cash burn.
Visible cash flow from 1.5% royalties on any production by VXL....It also holds 21m VXL shares escrowed till Jan 16....In addition to other mining assets that may be monetized in due time.
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STT Weekend Lounge 17-19 April 2015, page-119
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