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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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pocotrader
To: Boolish who wrote (24573)5/31/2014 7:07:34 AM
From: ogi1 Recommendation   of 49402
 
Not much difference between a biotech spec and jr. explorer spec in that they both burn cash pursuing the motherlode with terrible odds of success. Nothing ever happens according to expected timelines so it really helps that TLT has a viable underlying business in the meantime.

I like the position I have but would like more in order to trade on future moves and keep what I have as a core in case this pans out. The PDC 's they use are basically inert until activated by light, little worry about safety profile. Any positive efficacy in first trial will have accelerated implications compared to most lengthy trial processes. That I assume will be at least a year away. A pleasant interim development might be a collaboration on the bacteria destruction capabilities, could be a large opportunity in medical and food processing applications. Some more animal studies still to be announced as I recall something regarding rat models. Glad you have an entry, plenty of time to adjust the position as things unfold.

P.S. holding all Ptg, added back small traders last week at .15 . Three quarters of improving numbers, service revenues growing appreciably. At some time the miniscule market cap gets adjusted upward, risk reward ratio remains very levered to success IMO.
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