Just thought Id pass along a post that may be of interest, it makes alot of sense to me. GLE being in COMMERCIAL production THIS YEAR.
Print/save this note & refer to it any time you have doubts and feeling
a little nervous &/or thinking of selling GLE! These are the reasons
'WHY I OWN GLE' & will continue to own GLE until it is $300.00" CDN.
Yes people that is 'each' share & no I am NOT into my Glenlivet!
A problem with many small investors is that they do not understand why
they buy a stock. They typically spend more time researching the price
of tomatoes at a local grocery store (beef, in my case). Without a
fundamental understanding of the industry & company you are vulnerable
to knee-jerk reactions on short term price movements. The 'PROS' are
aware of this & increase the volatility of stocks they want to own,
simply to scare you into selling them your position. The pros usually
win!
What is a fuel cell?
A fuel cell is an electrochemical device that takes fuel such as
hydrogen & combines it with oxygen to produce electrical power, heat &
water. Since there is no combustion, the cell does not generate harmful
emissions.
What can fuel cells be used for?
NASA uses fuel cells in the shuttle & the astronauts drink the water.
Fuel cells will be used for transportation to power cars/trucks/trains &
airplanes. They will be used for residential buildings and will replace
your furnace & provide pure drinking water. They will be used for any
stationary power source in Telecommunications, Oil & Gas etc.
They will replace most battery applications.
When?
It's doable today .... the technology is here. When is it being
'COMMERCIALIZED' is the most important question? Ballard is building a
plant to produce fuel cells in 2003. Global will have theirs operating
in Calgary 'THIS YEAR"!!
Why have the stocks of fuel cell companies taken off now?
People in the USA & Europe understand that the technology is now here
and that the markets/applications for this product are endless. Stocks
listed on American Stock Exchanges will react upward first. Canadians
won't invest in this technology until the repair guy arrives at their
front door to replace their furnace with a fuel cell! Ballard, Plug
Power etc are listed on the Nasdaq, GLE is not (yet). The world is
demanding clean energy & we are going to sell it them$$$$.
This is a typical stock market craze & all fuel cell stocks are about to
crash?
Nope .... this is the real thing. Fuel cell stocks will be volatile,
really volatile BUT they will unquestionably be dramatically higher 24
months out. A typical 'canuck' small investor will wait for these
stocks to crash before buying .... the opportunity will rarely present
itself. GLE @ $26.50 is an incredible bargoon!
Ballard stock is at $112.00 & GLE stock is at $26.50. Should we have
bought Ballard?
Nope! All fuel cell related stocks will increase dramatically during
this initial faze. There will come a point however when astute investors
will begin to differentiate between the different fuel cell companies &
their respective technologies. In January of 1999 Ballard stock was at
$40.00 & today (one year later) their stock is $112.00, a 180%
increase. My congrats to those investors. In January of 1999 GLE stock
was at 80 cents & today (one year later) it is trading at $26.50, a
3200% return. I own & will continue to own GLE$$
Which stock has the most potential from this point Ballard or GLE?
GLE hands down. 'Market capitalization' of a company is established by
multiplying the total shares outstanding x the current share price.
Ballard is currently valued at $9 BILLION (that's a B). It takes mucho
investment $ to move the stock of a $9B company. Don't get me wrong,
Ballard stock will likely go higher, just not as much in % terms as GLE.
The market cap of GLE is currently only $600 million .... a peanut in
this business.
Ballard is always in the news .... where's GLE?
Ballard is being heavily promoted & is very well known as the pioneer of
fuel cell technology. Their PR Dept is very good. They'll need to live
up to the buildup or investors will trash this stock. When GLE has a
press release it's because there is substantial news. Be patient, there
is news coming. Also, there are many other companies developing fuel
cells .... so heads up. Always remember, GM is not the only car
manufacturer, McDonalds is not the only burger joint & Coke is not the
only pop bottler!
What's the difference between Ballards technology & that of GLE?
Ballard is developing the PROTON EXCHANGE MEMBRANE fuel cell (PEM). GLE
is developing the SOLID OXIDE fuel cell (SOFC). The best investment
will be in the company that has technology that will be priced low
enough for reliable 'COMMERCIAL' production.
The PEM needs 'PURE' HYDROGEN to function & there is no infrastructure
in place ie gas stations. It works on 'methanol' but the infrastructure
problem is the same. Any other fuel requires an expensive & bulky
reformer to process the fuel into hydrogen BEFORE it enters the fuel
cell. The SOFC operates on natural gas, gasoline etc. It reforms the
fuel to hydrogen inside the cell using an inexpensive reformer. The
SOFC does not need any changes to the infastucture. IF you're an EXXON,
who are you going to support at the end of the day!
Carbon monoxide is a poison to the PEM & a 'fuel' to the SOFC!!! Where
are the likes of Greenpeace when you need them?
The PEM uses platinum which is more expensive than gold! The GLE-SOFC
uses inexpensive stainless steel.
The PEM uses a polymer membrane & needs to be protected against
freezing. The GLE-SOFC uses ceramics!
The PEM operates at 80 degrees C and produces 'low' grade heat, useless.
The GLE-SOFC operates at 800 degrees C and produces a high grade heat
perfect for residential/stationary applications.
The PEM operates at 50% efficiency compared to the GLE-SOFC that
operates at 80%" efficiency.
The PEM starts faster than the GLE-SOFC & is why it is being touted as
the replacement for the internal combustion engine (ICE). The PEM costs
related to infastructure & and commercial production are prohibitive, in
my view.
The GLE-SOFC will be used as an auxiliary power unit (APU) combined with
a 42 volt system for cars. All power demands ie power brakes, steering,
windows, seats, air conditioning, heating etc will be driven from the
APU. It will work inconjunction with the ICE that will continue to power
the drive train. The net effect is a doubling in car mileage & a
corresponding environmental impact. We'll likely see this first from
BMW. Think of the impact on transport trucks that will be able to turn
off their polluting engines when parked & still heat/air condition their
cabins using an APU!
Delphi is the largest car parts supplier in the world & formerly owned
by GM. It is public knowledge that DELPHI has a development agreement
with GLE for the SOFC (April press release). Delphi has a SOFC supply
agreement with BMW (April press release). Delphi also recently announced
a development agreement with the US Dept of Defense, Transportation,
Energy, & US Air Force (December press release). Who's SOFC do you
think Delphi is using???? As an aside, GLE already supplies the USA
TANK-AUTOMOTIVE ARMAMENTS COMMAND (TACOM) with heaters!!
I rest my case folks. GLE $300". |
