Having a PHD on chemistry, Ruane will have a reason for continuously buying this stock in dribs and drabs, over many years. I don't think it's been just about the lake for some time, the patent has always been his trump card IMO. It's the only reason I've stayed for this long, it makes no sense to me otherwise. If we had just another salesman at the helm, I'd be gone. Hope I'm correct.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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